Camilion Integrates ISO Content with P&C Policy Systems

ProductAuthority now provides full integration to ISO Electronic Rating Content (ERC) for commercial and personal lines, according to creator Camilion Solutions, a provider of insurance product development solutions and modern P&C policy administration systems that create enterprise product agility. ProductAuthority is designed to give P&C insurers a less-risky, cost-effective solution to full policy administration system replacement, while achieving strategic objectives to grow into new markets or expand an existing book of business.

ProductAuthority enables insurers to integrate complete, pre-populated ISO product definitions with any P&C policy administration system or product dependent system, including Authority Suite, Camilion’s modern rules- and tools-based policy administrative system, the company says.

Insurers with heavily deviated ISO products can gain the flexibility to get new products to market quicker and easier, says Camilion. Insurers can do this by leveraging the mature inheritance and re-use capabilities within ProductAuthority, along with the combination of configuration, rating, automated workflows and pre-populated complete ISO product definitions, interpreted by the source, ISO, Camilion says.