Policy STAR
What is Policy STAR®?
Policy STAR offers intelligent Web-based policy administration for property and casualty insurance carriers. In production across the nation, Policy STAR handles a complete range of policy functions for both personal and commercial lines – from quotes, to the complexities of out-of-sequence endorsements, through issuance. Written in Java.
What does Policy STAR do?
Policy STAR offers online, real-time policy administration capabilities for the majority of personal, commercial and property liability lines of business. Comprehensive quote and policy processing functions include:
- Quotes
- Policy issuance
- Endorsements
- Renewals, cancellations, reissues, and more
- Summarized and detailed policy information
- Complete transactional history
- Inquiry by a specific date
You have the option of using Policy STAR’s comprehensive, integrated rating engine or leveraging a third party rating engine you might already have.
What benefits will Policy STAR provide?
Policy STAR enables you to develop and deliver new insurance products to the market faster than ever. The system administration module streamlines new insurance product configuration – which used to take weeks to code. Policy STAR also handles slight changes to existing products just as smoothly.
You save expensive technical resources for projects where they are needed. Policy STAR’s Web-based policy administration enables business users to maintain much of the system. Rates, rating steps, classifications, coverages, limits and deductibles are just a few of the settings that non-technical personnel can maintain.
Contact us for more information on Policy STAR.
