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Policy Administration

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Western World Insurance Group Selects INSTEC’s QuickSolver 3.0

Western World Insurance Group selects INSTEC's QuickSolver 3.0I policy administration software for commercial package policy, auto, product and professional liability.

Western World Insurance Group (Franklin Lakes, N.J.) announced it will implement QuickSolver 3.0, INSTEC's (Naperville, Ill.) rating and policy administration software. Western World Insurance will implement QuickSolver 3.0, a rich Internet application, as a black-box component behind its 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 the commercial lines carrier's existing document management and back-end systems is expected as well.

Western World Insurance-appointed wholesale agents and brokers will 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 that are comprised of both admitted and non-admitted business.

In a statement, Thad DeBerry, SVP Information Technology, Western World Insurance, explained, "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."

Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio

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