Legacy Policy Admin Software Enhancement
P&C insurers require modern technology to effectively address a host of operational challenges, as well as the continuous pressure to drive growth through new products, new markets and new distribution channels.
Most legacy policy admin software processes premiums, tracks commissions, supports financial and regulatory reporting, and integrates with other back-office systems to produce invoices, track receivables, process payments and adjust claims effectively.
Unfortunately, most of these legacy policy admin software systems don’t offer the ability to launch specialized products or new lines of insurance to the market quickly. They lack the product configuration capabilities, underwriter tools and agent web portals.
Oceanwide's policy admin software lets you realize the benefits of a new policy administration software system, by filling the gaps in your legacy system, and without incurring the costs or risks of a “rip and replace” project.
Please contact us to find out how Oceanwide's insurance software lets you realize the benefits of a new policy administration software system.