Atlantic Casualty Insurance and Southern Insurance
The connector was developed by Oracle Partner Gold Simplified Policy Processing, LLC, in conjunction with Oracle Insurance. The combined solution gives SIU to automatically Documenting Oracle Web Forms Maker with data from their agency management systems without the need to rekey data from one system to another. This automated information helps to speed up policy issuance, reducing the time, effort and risk of errors and omissions (E & O) exposure associated with duplicate data returns, freeing staff to instead focus on new business administrative tasks, and SIU reduces time and resources needed to maintain accurate, up-to-date forms. This pilot is based on the implementation of Oracle Dock Atlantic Casualty Maker carrier which migrated in 14 months.
The insurer was able to move to its GMA Web-based platform in the same period, and the critical error rate will take over process would reduce to less than three percent of the policy. Atlantic Casualty has also integrated Oracle Documentary Maker with its in-house ACES rating system, further supporting straight-through processing initiatives. Simplified Processing PPP policy assistant connector includes an automated solution for updating the policy libraries. PPP assistant policy maps data to forms in a few seconds and mappings are shared with all subscribers, eliminating the need for individual GMA card policy.