HomeBuilders SIF Selects Insurity’s Cloud-hosted Workers’ CompXPress

The Louisiana-based self-insured fund will use the solution to improve agent and policyholder experiences and gain greater cloud security and disaster recovery capabilities.

(Louisiana State Capitol. Image credit: Shutterstock.)

HomeBuilders Self Insurers Fund (SIF) (SIF; Baton Rouge, La.), a workers’ compensation self-insurance fund servicing Louisiana’s residential construction industry, has selected  Insurity’s, (Hartford) cloud-hosted Workers’ CompXPress solution. The integrated policy administration and billing system manages the entire policy lifecycle, from application through renewal or cancellation, and includes intuitive agent and policyholder portals to improve operational efficiencies and deliver a better customer experience, according to a vendor statement.

Chris Duncan, COO, HomeBuilders SIF.

“We performed a comprehensive evaluation process of all workers’ compensation systems in the market and it became abundantly clear that Insurity has the best functionality, in addition to impressive cloud security and disaster recovery features, all of which drove our decision,” comments Chris Duncan, COO, HomeBuilders SIF. “Our members and agency partners are always the priority, and Insurity’s solution will allow us to deliver the modern and intuitive experience that they deserve.”

Among the qualities SIF valued in its selection of Workers’ CompXPress were that it provides enhanced workflow through improved data capture and processing, as well as customizable dashboards and extensive reporting fueled by advanced analytics, according to the Insurity statement. Because Workers’ CompXPress is a cloud-hosted solution, it allows HomeBuilders SIF to improve the security and scalability of its systems, which will facilitate future digital initiatives. Insurity describes Workers’ CompXPress as purpose-built for monoline workers’ compensation insurers and self-insurance groups of all sizes, based on Insurity’s deep industry expertise.

Maximum Business Efficiency

“We’re excited to help HomeBuilders SIF simplify their insurance offering for the benefit of their employees, customers, and agency partners,” comments Michele Shepard, chief revenue officer, Insurity. “Our robust and flexible solution allows them to easily create workflows specific to their needs for maximum business efficiency and quick speed-to-market.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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