Fiserv Insurance Solutions, Cedar Rapids, Iowa, has released Version 1.2 of the Web-based Policy STAR system. The policy administration system's new version extends property-casualty insurers' capability to cut time-to-market with new products, contain maintenance expense, and improve operational efficiency and data accuracy. Program features found in the latest version include enhancements for renewals and cancellations and a migration path from legacy systems to Policy STAR.
Version 1.2 also offers new functionality in class code maintenance, risk units and sub units, flexibility for optional values, system administration login security, and retrieval of client information during renewals. Client information resides in an integrated central repository called Client CORE(R) which houses all client names, addresses and relationships.
Policy STAR offers an open architecture and platform independence while utilizing the J2EE (Java 2 Enterprise Edition) platform, which enables users to make business changes in a centralized environment. Insurance carriers can implement Policy STAR independently or integrated with Fiserv Insurance Solutions' J2EE-based Claims Workstation and Fiserv Advanced Billing systems.
Source: Fiserv Insurance Solutions
