Feb 02, 2004-- Salmon Ltd, the IT services and consulting firm, today announced the launch of its new underwriting solution. Unlike traditional underwriting solutions, Salmon's is fully Web-based and covers all the key elements of the insurance lifecycle with an integrated solution including claims, reinsurance and management information systems (MIS).
This will provide underwriters with a complete end-to-end capability that will increase efficiency and reduce costs through automation of the typically vast amounts of paper-based manual administration of policies that occurs today. The thin client architecture also means that an underwriting team is able to access the system from any location via the Web. At the same time the solution makes the underwriting process far more transparent and accommodates peer and management approval, throughout the lifecycle.
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