UFCIC Goes Live in P&C Markets with ClarionDoor

By leveraging AAIS, UFCIC proprietary forms and rates, and ClarionDoor’s technology, UFCIC was able to launch three lines of business in four states in under ninety days.

(Image source: EFAFLEX Schnelllauftore.)

Universal Fire and Casualty Insurance Company (UFCIC), a multiline admitted commercial lines insurer with primary offices in Detroit, Michigan and Columbus, Ohio) has expanded its use of ClarionDoor’s (Santa Barbara, Calif.) rating and quoting for three new commercial insurance products. By leveraging AAIS, UFCIC proprietary forms and rates, and ClarionDoor’s technology, UFCIC was able to launch three lines of business in four states in just ninety days, according to a ClarionDoor statement.

John Lucker, EVP, Strategy and Analytics, UFCIC.

“We recognized early on that if we wanted to expand into new markets with new innovative products, we needed to do it fast,” comments John Lucker, executive vice president and chief strategy & analytics officer, UFCIC. “By leveraging ClarionDoor’s technology, and their rapid implementation process, we were able to launch our new commercial products in a matter of weeks and capitalize on our investment early.”

UFCIC has provided surety bond coverage since 2003, however the carrier has sought to use technology to expand into new lines, offering products for general liability, commercial property, and business owners package to address current and evolving market demands.

“There are always challenges when an insurer tries to enter new markets,” comments Tim Ellis, CIO, UFCIC. “Typically, those challenges stem from inflexible technology and legacy applications that aren’t designed for new products. ClarionDoor’s technology mitigated all of those risks for us. Their modern cloud-native, API-first software enabled us to build our commercial products and launch to market leveraging pre-fill tools and external data feeds faster than we ever could on legacy systems.”

Patrick McCall, Chief Sales Officer, ClarionDoor.

Cloud-Native, API-first, Designed for Speed-to-Market

ClarionDoor describes its software as cloud-native, API-first and designed with speed-to-market in mind, empowering insurers to develop products via a no-code, fully configurable solution. “Insurers are able to modernize legacy products or enter new markets without the frustrations of legacy insurance software,” a ClarionDoor statement says.

“Seeing our clients succeed like this affirms that our technology and process works,” comments Pat McCall, chief sales officer, ClarionDoor. “Not only does our process get clients live in weeks, but our technology positions them to focus on innovation rather than implementation. We are thrilled to see UFCIC go live and we look forward to working with them to continue their multi-product, multi-state, expansion.”

Universal Fire and Casualty Selects ClarionDoor to Launch Commercial Products

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 [email protected] or (503) 936-2803.

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