wilburchas
Joined: 20 May 2013
Posts: 10
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 Posted: Mon May 20, 2013 12:33 pm Post subject: Common Features of an Effective Property |
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Integrated policy administration - One of the most effective features of a P&C insurance software system is its inclusion of a comprehensive policy administration system. This feature automates the entire policy's lifecycle - initial application, quoting, rating, underwriting, issuance, endorsements, cancellations, reinstatements, etc. This kind of automation enables underwriters, agents and customers to quote/bind/issue policies in real-time via Internet, helping them to drastically reduce processing time and increase operating efficiency.
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