KC Binder Manager
Risk Management
An electronic placing application will allow multiple Brokers or Underwriters to work a single piece of business simultaneously no matter where they are located.
The concept of a ‘Virtual File’ will provide the business with a top down view of the Policy at any given time, including Endorsements and any linked policies. This can therefore lead to a faster process for renewal business enabling better business retention and greater cost efficiencies.
Accurate Aggregate Reporting will facilitate the availability of a comprehensive range of Management Information and support the need for carriers to maintain reliable and timely exposure information.