March 15, 2010 by Canadian Underwriter
Policy Works has entered into an agreement with SGI Canada to deliver a commercial lines data exchange solution.
The agreement integrates Policy Works’ commercial management system (CMS) and SGI’s underwriting system.
The integration between SGI’s underwriting system and the Policy Works desktop solution is the first straight-through processing of commercial data using the CSIO XML standards, Policy Works said in a release.
This solution offers pure no-touch processing, enabling brokers to send submissions and receive quotations electronically without a web portal, which means no new portal or system for brokers to learn, the company said.
Integration is expected to be complete by this summer.
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