Courtney Smith, CEO of Specialty Underwriters’ Alliance, believes that the implementation will reduce the time, errors and labor costs associated with manual processes and input.
The ability to electronically store and retrieve policy information will enable SUA to provide first-class customer service, as well as reduce the significant print, mail and storage costs associated with paper documents, added William Barry, vice president of sales and marketing, Docucorp International. Additionally, SUA will be able to eliminate printing and mailing costs with full-fidelity display and viewing via the Internet.
SUA has also licensed Policy Xpress for the business of commercial auto, business owners, commercial general liability, commercial property, commercial umbrella, commercial inland marine, and crime. SUA hopes that this deployment will enable it to eliminate conversion and field tagging costs, shorten implementation timeframes and reduce implementation costs.
Docucorp’s Policy Xpress offering includes: a standard data dictionary, which includes field definitions for all known property and casualty data elements (used for tagging forms); standard XML schema; ISO forms; pre-defined data mappings for all forms; pre-defined forms triggering; and default systems configuration.
