As property/casualty insurance carriers look to upgrade their core insurance systems, one key requirement is being able to integrate the increasing number of data sources and services required for the processing of insurance. With a growing library of pre-built and fully maintained integrations, SaaS core systems enable carriers to consistently have the data they need to move faster and be more efficient in launching new products, enhance underwriting and rating decisions, and provide better customer experiences.
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05. Remaking Process Pathways
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Insurers that turn to software as a service have the opportunity to rebuild systems and processes around today's business needs and reality, rather than yesterday's workflow.