Insurity Announces New ‘Bridge Specialty Suite’ Templates to Improve Speed-to-Market and Reduce Implementation Costs for Specialty Lines Insurers
Summary
The new templates for professional liability, marine cargo, and non-bureau-based commercial package policy (CPP) lines will reduce solution implementation costs up to 60% and significantly improve speed-to-market for insurance clients. In addition to managing diverse specialty lines within a single platform, the suite runs on Insurity’s Digital Services Platform, enabling connections with third-party data and systems via APIs, empowering carriers with the flexibility to achieve business goals without technology constraints. The standardized approach of the templates will not only accelerate the implementation but will also streamline the maintenance of business rules, rates, and forms, enabling insurers to easily apply new version changes and updates. “They will enable our clients to quickly integrate specialty lines at substantially lower implementation costs, while still providing the flexible self-service capabilities the solution is known for. With users worldwide and more cloud-based deployments than any other core system provider in the insurtech space, Insurity is trusted by 15 of the top 25 property and casualty carriers in the US.