TAPCO Underwriters Selects Vertafore PolicyIssuance

TAPCO Underwriters Inc. has licensed Vertafore’s PolicyIssuance solution in an agreement that includes licensing rights for CRC Insurance and Southern Cross Underwriters.

TAPCO will use PolicyIssuance to provide an efficient process to issue policies, enabling them to seamlessly produce policies in a matter of seconds, says Vertafore, a provider of software and information to the insurance industry.

TAPCO, an E&S lines managing general, will integrate Vertafore PolicyIssuance into its proprietary management system to enable greater productivity gains across the company, says Vertafore.

Built to ACORD XML standards, Vertafore PolicyIssuance is designed to provide complete, accurate and current information directly from the managing general agent’s management system to the E&S carrier policy forms.

Vertafore says PolicyIssuance continues to gain momentum in the industry, and has been licensed by E&S carriers, such as Nautilus Insurance Group and Scottsdale Insurance Group, since its launch in 2010.

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