Our product development experts have over 165 years of combined experience, including the following disciplines within the insurance industry: Underwriting, Marketing, Advertising, Complaint Resolution, Claims, Market Conduct, State Filing, Regulatory Compliance, Competitive Intelligence, Customer Service, Agency Services, Training, and Auditing. Our team of experts has in-depth product knowledge across most property & casualty and accident & health lines of business. Let our experience help you develop successful insurance programs.
We bring to your attention controversial or non-compliant provisions in your policy forms to ensure your speed to market. Using our complex knowledge of each jurisdiction’s requirements, our insurance product design specialists help you prepare forms (e.g. amendatory endorsements, jurisdiction-specific forms, notices, application supplements) that comply with each jurisdiction’s insurance bulletins, regulations and statutes. We also have experience performing product reviews on rates and rules.
Every insurance product development expert on our staff has in-depth product knowledge to help you develop competitive insurance products. We help you design the rates, rules and forms for completely independent as well as bureau-based products. We can assist your organization’s expansion into new lines of business, jurisdictions and/or distribution channels.
We assess where you stand in relation to your competition using a database of several hundred thousand industry form filings. Our insurance product design experts extract key competitive intelligence from the marketplace and present you with clear opportunities for success.
We monitor industry trends, regulatory changes and new product concepts to assist your organization’s ongoing profitability and competitive advantage. We can also provide product enhancements and form revisions.
DESIGN & PRICING
By integrating our findings of coverage comparisons with knowledge of your organization’s goals, we assist you in developing independent products.
FILING SUPPORT & REGULATORY TRACKING
We accelerate the approval process by filing complete and accurate forms on your behalf in every state, for every industry. We stay ahead of regulatory changes that affect your insurance product development to make sure you have all the information you need to stay compliant.