News from the USA;
WaterStreet is proud to announce The New WaterStreet Policy Administration Platform, the next generation of P&C policy administration software. The new platform will revolutionize the industry with enhanced speed to market and cost-saving, superior technology that exceeds and surpasses traditional administration software.
WaterStreet’s new P&C Policy Administration Software eschews the old school and outdated process of utilizing custom development to manage insurance products, and instead offers in-application tools to configure products and rates in real time. This updated system will rapidly increase time to market while simultaneously reducing overhead costs to manage software, allowing insurers to go live in weeks, rather than months. The platform is built on a progressive web app, meaning lightweight, flexible code structures the software and can be accessed anywhere, from any type of device.
Expanded API and web services pull any data type throughout the policy life cycle, and a built-in Business Intelligence module provides predictive insights for standard end-of-month close reporting to advanced analytics. The new and modern interface design offers an improved and head of its class user experience.
“WaterStreet has always provided P&C insurers and MGAs everything they need, all in one transformative, secure and advanced digital space,” shares Gregg Barrett, WaterStreet Founder and CEO. “We’re proud to say that our new P&C Policy Administration Software elevates our service to even greater heights. Our enhanced platform has everything an insurer needs in an easy to navigate, One Stop Shop that we’re excited to say jumps our industry forward.”
With the new WaterStreet Policy Administration Platform having debuted at this year’s NAMIC Annual Convention on September 18 – and a swift rollout coming next – it’s clear WaterStreet has big things in store for the P&C insurance administration marketplace. That means big and exciting things for insurers going forward as well.
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