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P&C Insurance Product Management

Next Generation Software

WaterStreet enables you to get to market faster by providing a preconfigured insurance solution that can be extended to meet the unique needs of your business. Our integrated solution ensures efficiency and provides the tools and capabilities essential to stay competitive in your market.

WaterStreet Policy Administration is fully integrated with billing and accounting, claims administration, and document management. This ecosystem allows you to manage the entire lifecycle of all your product lines from a single platform, as well as integrate them into your third-party systems.

Empower your Portfolio Management with WaterStreet

Insurance product managers set the strategic direction for functional areas of the business and establish action plans to maintain alignment and ensure the successful development of the entire product line. They are tasked with the development of new products including forms, pricing, integrations and enhancements to underwriting questions and rules. Having access to tools to analyze market trends and quickly make changes to business rules, policy documents, rate changes, etc. will determine the success of future product launches.

Manage Your Business from One Platform

Policy Administration fully integrated with billing, claims administration, and document management. This high-availability solution delivers security and scalability to support all your business lines in all states.

Go Live in Weeks Instead of Months

Get to market faster with fully configurable products and workflows. Low-code/No-code configuration tools empower you to modify offerings based on your unique business needs.

Hone Your Product Specialty

Built-in business intelligence with 50+ industry standard reports and best-in-class analytics tools. Visualize key data points, analyze product profitability, simplify ratemaking decisions, and identify unmet product needs.

Take Control of Your Portfolio Management

Policy Administration built with a rules-based structure, customizable to your standards. Easily set your underwriting rules and guidelines, and make updates as needed.

Open API

Our fully documented API and web services offer interoperability and integration across third party systems and services. As your business grows and seeks new, innovative data to support the policy lifecycle, our API facilitates bringing this vital data into your system.

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Faster Speed to Market

True implementation and configuration support services enable you to respond faster to changing market demands.

Reduce Errors

Process automation and real-time reporting ensure fast and accurate data for accountability and visibility.

Improve Producer Performance

Leverage Business Intelligence to identify cross-selling opportunities and greater opportunities for expansion.

Enhance Customer Experience

Insured portal and mobile access, digital engagement capabilities elevate the customer experience.

Do More with WaterStreet

Faster, more efficient workflows mean cost savings for your company and greater customer satisfaction for the insured. Don’t wait to switch from a dated legacy system. The benefits of a cloud-based Policy Administration System allow for company-wide growth and an edge in your competitive landscape.