P&C Insurer Anchor Modernizes Core With ISCS

P&C carrier Anchor Insurance has selected ISCS SurePower Innovation to replace its existing legacy system, the company announced today.

Anchor’s initial implementation of ISCS’ cloud-based software will be rolled out in Texas, Louisiana and Florida. The regional insurer provides property and homeowners’ coverages across 13 southern states.

"We found ourselves with a core system that actually inhibited our ability to roll out lines and states in a timely manner,” said Rads Mydam, CIO for Anchor Insurance, in a statement. "As core system integrations are often difficult, we decided to find a well-integrated, all-in-one system.”

Anchor ultimately selected ISCS due to its claims management effectiveness, built-in portals and mobile capabilities, Mydam added.

“We embarked on a rigorous search for a [core administration] replacement,” he said. “ISCS and SurePower Innovation met all of our requirements.”

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Core systems Policy adminstration Claims Mobile technology Cloud computing
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