West Bend Mutual Insurance Co., a Midwestern regional property/casualty insurance provider for homes, autos and personal property and businesses, has opted to adopt Oracle Insurance Insbridge Rating and Underwriting.
West Bend said it hopes to use the rating engine for all lines of insurance.
Oracle Insurance is designed to make the underwriting process easier by circumventing the need for IT support. The company said its rules-based interface and scalable engine are easy to use, and help insurers respond to market changes more quickly, better manage policies and meet regulatory requirements.
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