The Philadelphia Contributionship (TPC), a P&C insurance organization, has selected ISCS's SurePower Innovation Policy Administration Suite. SurePower Innovation is an insurance processing solution for the P&C industry designed to modernize policy administration, claims and billing processes, as well as provide data marts, and agent and consumer self-service portals.
ISCS says The Philadelphia Contributionship is a group of regional insurance carriers that focuses on providing personal property and related liability coverages in Pennsylvania, New Jersey and Delaware. In 2012, the company wrote about $129 million of direct written premium. TPC recognized the need to transform the company's IT platform. This was a tool to enhance the ease of doing business with agents and policyholders, improve productivity, and enable strategic growth through diversification.
The company set out to find a core systems solution that could deliver service and information access to producers and insureds, while providing internal process efficiencies and continual upgrades as technology advances, ISCS adds.
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