Franklin Lakes, N.J.-based Western World Insurance Group, which provides commercial general liability, professional liability, product liability and commercial auto coverages, penned an agreement with INSTEC, a provider of rating and policy administration software for the insurance industry, for INSTEC’s rating and policy administration software, QuickSolver 3.0, a rich Internet application.
Western World Insurance will implement QuickSolver 3.0 as a black-box component behind their proprietary Web portal using INSTEC’s Web services. The interface project to link QuickSolver and the company Web portal will be led by Western World Insurance with consultation and documentation provided by INSTEC. Further integration with in-place document management and back-end systems is expected as well.
Thad DeBerry, SVP, Information Technology, remarked, “INSTEC provides a flexible solution that allows the organization to rate our various classes of business within a common architecture while supporting the different needs of our agents and internal underwriting staff. Their overall stability, industry expertise, and execution capabilities make INSTEC an ideal development partner as we enhance our rating infrastructure.”
Western World Insurance, which specializes in underwriting classes of business that are not easily placed in the standard insurance market due to their complexity, high hazard, or unusual nature, will make it possible for its appointed wholesale agents and brokers to use the company portal to quote and administer company policies, while internal staff will leverage the native QuickSolver interface. Both constituencies will operate using a shared architecture and database. A multi-phased approach will be used to deliver multiple lines of business and three separate rating companies, which are comprised of both admitted and non-admitted business.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access