Press Release: SBS Completes Implementation of Automated Processing for National Insurance Company
Specialized Business Software, a provider of custom software solutions for insurance, mortgage and financial services companies, announced it has recently completed production of a software solution for a national insurance company.
A subsidiary of a Fortune 500 holding company, the client reached out to SBS for a custom insurance software solution to help process a growing volume of policies, which required additional labor hours and staff to ensure that accuracy was maintained. The technology solution designed by SBS is a secure, web-based application and is accessible to policyholders and their agents with enhanced self-service capabilities designed to save time and money.
The solution offered the company reduced labor costs, streamlined manual processes in multiple departments and automated quote and policy issuance. The product’s features provide improved accuracy and operational efficiencies including the creation of an immediate audit trail for properties, coverages and premiums.
“Like others in the industry, this insurance company was struggling to deal with an increasingly complex marketplace and turned to customized technology solutions to enhance automation and more effectively manage workflow, decrease mistakes and improve the speed by which they are able to deliver their services to customers,” said Steve Wiser, president and founder of Specialized Business Software.