Narragansett Bay Insurance Company (NBIC) transformed itself into a fast-growing, model digital insurer with a software-as-a-service (SaaS) deployment of policy admin and billing core systems.
Find out how core system replacement has helped NBIC double its premium growth year-over-year.
Download “Delivering Speed to Revenue through a Core System Replacement Deployed as Software-a-a-Service.”
Some key benefits outlined in the case study:
-
2/3 reduction in time to quote and issue
-
100% of quotes and endorsements initiated online
-
80% of new business through automated underwriting
-
STP increased to 80% from 0% in legacy system
-
50% reduction in printing costs
-
rapid implementation