AXIS Chooses AdminServer's Product Development Solution

Chester, Pa. — AXIS Insurance, a Bermuda-based operating segment of AXIS Capital Holdings Ltd., is in production with AdminServer Inc.’s P&C policy administration system. The power and flexibility of AdminServer’s rules engine enabled the system to be configured, launched, and in production use in less than six months, the company says.

The AXIS implementation included an integrated broker portal for future online autorate and autobind business submission and tracking. The broker portal utilizes Chester, Pa.-based AdminServer’s common calculation architecture, providing AXIS a common set of business rules leveraged for policy quotation, submission and processing. Each application utilizes its own set of business rules, but AdminServer’s common calculation architecture is designed to ensure that multiple systems access the same core set of business rules whenever possible for calculation consistency.

Raymond Karrenbauer, CIO, AXIS Capital, says, “We are very impressed with the flexibility of the AdminServer System and its use of a rules-based model. The AdminServer solution was the one of the few systems we found that could deliver the comprehensive support we required in regard to rapid deployment of new and innovative products.”

“We thank AXIS Capital for selecting AdminServer for its P&C processing needs," says Chris Doggett, co-founder, AdminServer. "Our system has been built from the ground up, with a clear focus on flexibility and power, the right industry partners and the best technology available.”

Source: AdminServer Inc.