Toronto —
Working collaboratively, Camilion and CSU were able to configure, integrate and launch Authority Suite in less than six months, the vendor says, and CSU now is issuing E&S policies on the same day they are submitted through an affiliated insurance brokerage subsidiary. As part of the total implementation, Authority Suite was integrated with several third-party solutions including document generation, document management, address standardization, a data warehouse, claims, single sign-on security and online information services.
Leveraging a service-oriented architecture and built on a modern, tools- and rules-based technology platform, Authority Suite is designed to support the entire policy lifecycle including application data capture, qualification, rating, quote management, bind and issuance. Camilion says Authority Suite, which features a consolidated underwriting workstation and straight-through processing, is powered by Camilion's ProductAuthority, a "pure" product configurator built specifically for insurance. ProductAuthority creates agility by externalizing all product data and rules from multiple, hard-coded operational systems into a central repository, where complex products can be easily configured and modified.
According to Camilion, Authority Suite was CSU's enterprise policy administration system choice because of its flexible, tools and rules-based solution that CSU can configure and maintain in-house.
"We chose Camilion for three reasons: Authority Suite is a next-generation policy administration solution; Camilion has successfully delivered solutions for other larger insurers; and most importantly, Camilion has deep insurance and implementation expertise," says Don Doyle, SVP for Cincinnati Specialty Underwriters. "Although industry consultants recommended doing a proof of concept before selecting a vendor, we chose to commit to Camilion and drive to aggressive production dates. Camilion responded quickly and with the same spirit of commitment. We couldn't have asked for a better partner. Our ability to provide real-time delivery of a policy to our agency customers is a unique advantage in the E&S market."
"We're proud to have Cincinnati Specialty Underwriters as our first live customer for Authority Suite, just a few months after formally launching the solution at last year's ACORD LOMA show," says Ross Orrett, Camilion's president and CEO. "We are seeing a great deal of interest in our next-generation policy administration system and are committed to providing valuable clients, like CSU, with a world-class solution that enables them to meet their strategic objectives."
Source: Camilion Solutions Inc.