AdvantageGo, a leading commercial insurance and reinsurance software provider and part of Coforge, has announced that Chubb Global Markets (CGM) has gone live with AdvantageGo’s Underwriting workbench, a modular platform.
Chubb is the world’s largest publicly traded property and casualty insurance company and CGM is its London Market wholesale and specialty business, including the insurer’s Lloyd’s platform.
Chubb began working with AdvantageGo’s connected Underwriting workbench last year to consolidate pre-bind risk information for its syndicate and companies market data.
Through a single multi-product, multi-language, multi-currency platform, AdvantageGo´s Underwriting workbench delivers the flexibility to cater for multiple digital channels and B2B models. This includes simplifying and reducing hand-offs for faster turnarounds and eliminating rekeying, automating license and sanctions checks, ingesting submissions, and carrying out pricing – allowing underwriters more time to focus on underwriting itself.
In addition, the workbench integrates with other AdvantageGo products to enable a seamless transition from pre-bind to post-bind, email ingestion, and the automatic creation of submissions.
“We are delighted Chubb has chosen our Underwriting modular platform,” said Ian Summers, Global Business Leader, AdvantageGo.