General Insurance Systems
The Art of Integration teamed up with Nude Solutions to complete the development of the next generation Policy; Claims and Financial Management Systems for the Property and Casualty market. Within Nude Solutions there are three main assets, A Policy Management/Claims System for Insurance Companies (CNUDE); a Broker Management System (BMS) for Brokers and Agents (BNUDE) and a host of Industry standard connections between the two.
Several members of the team that helped Nude Solutions build the next generation system previously built the first generation system with Saskatchewan Government Insurance (SGI). The SGI General Insurance System (GIS) was an integrated Property and Casualty Policy Management System. Insurance products developed within the system included: Home, Tenant, Condo, Auto, Agro, Mobile Home, General Dwelling Protection, Commercial Auto, Fidelity, Miscellaneous Bonds, Errors and omissions, Contract Bonds, Aviation, and Commercial Property and Casualty.
From both a business and technical perspective, the system was highly innovative and way ahead of its time. The product lines, products, endorsements, items insured, rates, fees and taxes are all maintained via the Product Management and Rating Engine systems. These systems are managed by the business.
The project was completed on time and on budget – an absolute rarity for any company running a project of this size and scale. It was a major win for SGI CANADA.
One of the biggest impacts that GIS had was that it enabled the company to expand into other jurisdictions.
“It helped us go from really only operating in one province, to five,” says the Vice President o Digital Transformation, “It speaks to the adaptability. Our growth wouldn’t have been possible without GIS.”
The sophisticated usage of data allows for a high percentage of automated renewals and automated underwriting.
The system was developed with ease-of-connectivity being a key attribute. There is an interface layer which allows for easy development and maintenance of advanced Application Programming Interfaces (API's) to facilitate the real time data exchange with Broker Management Systems. This explains why SGI was one of the first Insurance Companies to participate in the real time data exchange.
The project was completed on time and on budget – an absolute rarity for any company running a project of this size and scale. It was a major win for SGI CANADA.
One of the biggest impacts that GIS had was that it enabled the company to expand into other jurisdictions.
“It helped us go from really only operating in one province, to five,” says the Vice President o Digital Transformation, “It speaks to the adaptability. Our growth wouldn’t have been possible without GIS.”
The sophisticated usage of data allows for a high percentage of automated renewals and automated underwriting.
The system was developed with ease-of-connectivity being a key attribute. There is an interface layer which allows for easy development and maintenance of advanced Application Programming Interfaces (API's) to facilitate the real time data exchange with Broker Management Systems. This explains why SGI was one of the first Insurance Companies to participate in the real time data exchange.