Instec, a provider of program business- and specialty lines-specific policy administration applications, launched self-service configuration capabilities within Quicksolver, its flagship policy administration system.
This functionality offers users the ability to create and customize new insurance products and programs, using embedded bureau-based and company-specific content, intended to increase speed to market and reduce investment in new product development.
Unlike traditional policy admin systems that require custom development and vendor-led configuration, Instec’s Quicksolver combines ISO, NCCI and state-specific content with the ability to host and manage company-specific content, the company said.
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