UFG Insurance Selects ClarionDoor Suite for Rating and Quoting

The insurer will use the suite for its ProSeries products as part of a digital initiative to modernize product distribution and achieve higher levels of straight-through processing.

(Image source: Pixabay.)

UFG Insurance (United Fire Group; Cedar Rapids, Iowa) has selected ClarionDoor’s (Santa Barbara, Calif.) Digital Distribution Suite to provide rating and quoting functionality for the company’s ProSeries products as part of a digital initiative to modernize product distribution and achieve higher levels of straight-through processing.

Jane Rheem, Director of Enterprise Analytics, UFG.

As a carrier dedicated to serving the needs of both policyholders and independent agent partners, UFG is committed to developing technology solutions that allow for quick integration with third-party data providers to streamline underwriting and allow agents to more rapidly quote and bind the insurer’s ProSeries products for small commercial businesses and artisan contractors, according to a ClarionDoor statement.

“We were searching for a platform that could easily integrate embedded analytics capabilities,” comments Jane Rheem, director of enterprise analytics, UFG. “The need to take advantage of multiple data sources and to quickly address growing market demand is critical. ClarionDoor’s technology and approach will jump start our ability to pilot a user-friendly platform for our agents, quickly adding third-party data sources, and making future product changes more efficiently.”

ClarionDoor offers property/casualty CD Rating and CD Quoting Portal components of ClarionDoor’s Digital Distribution Suite to provide what the vendor characterizes as complete digital accessibility and an intuitive portal for agents and underwriters to rate and bind policies on a single, cloud-optimized, modern technology platform. CD Rating and CD Quoting Portal can be easily integrated with any policy administration system (PAS) on the market today and provide insurance customers the ability to effectively manage products more effectively in real-time, according to ClarionDoor.

Clean, Intuitive Nature

Patrick McCall, Chief Sales Officer, ClarionDoor.

“UFG represents the best of both worlds, a company with deep industry knowledge and a drive to be cutting-edge in providing the best possible distribution tools to agents and underwriters,” comments Patrick McCall, chief sales officer, ClarionDoor. “The clean, intuitive nature of CD Quoting Portal will keep UFG in the position of ‘carrier of choice’ in the independent agent channel, while enabling rapid adoption of any new third-party data source the company wants to utilize. CD Rating’s powerful, proven abilities with ISO Electronic Rating Content (ERC) will make implanting UFG’s ProSeries products a breeze, and ensure the company stays ahead of competitors in the market.”

ClarionDoor claims implementation times that easily beat industry norms, guaranteed uptime, and real-time scalability The vendor says its Digital Distribution Suite rapidly improves speed to market, enhances the user and customer experience, reduces total cost of ownership (TCO), and enables optimization of new and existing distribution channels.

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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 [email protected] or (503) 936-2803.

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