Canal Insurance Company, a commercial trucking insurance carrier, has selected Adaptik Cloud policy administration for its commercial auto business. Cloud based solutions are reshaping the insurance industry, Adaptik said, and cloud expands the implementation options available to P&C insurers by delivering this policy administration platform as a service, and reducing barriers to entry while accelerating implementation timelines.
“As a leading commercial trucking and specialty transportation insurer, we needed a highly configurable policy administration platform that could both meet our complex business needs and integrate with the other systems we utilize,” said John DiBlanda, SVP and CFO of Canal Insurance. “Those goals made the Adaptik Cloud solution immediately attractive to us. The system’s configuration capabilities empower our business users to be more self-sufficient, and the robust integration architecture allows us to take advantage of our investments in our other systems. As a result, we have a high degree of confidence that our thorough search has led us to a policy admin solution that will greatly improve speed-to-market, reduce costs and mitigate risk.”
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