Church Mutual Insurance Company has rolled out Instec’s policy system for its broker specialty markets (BSM), the company announced.
With the move, CMIC expects to improve rating and electronic archiving capabilities as well as gain greater control over its system configuration. The company found its legacy systems were no longer suitable enough to support the religious institutions, schools, camps and senior living facilities it insures.
“We began our search for a new system through meetings with vendors to determine whether they could satisfy our specific requirements for these markets,” said Ed Hancock, chief underwriting officer at Church Mutual, in a statement. “Instec met those requirements and has been a great partner leading up to the launch.”
Implementation of Instec’s software began in the beginning of the second quarter with CMIC’s workers’ compensation line of business. CMIC will expand its user group for the system, and deploy to other business lines in the near future, the companies said.
“From the beginning, Instec’s team had a great grasp of our strategy and business goals,” said Rich Poirier, president and CEO, Church Mutual. “What we are launching reflects that thorough understanding.”
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