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 integrated with billing and accounting, claims administration, and document management. Manage the full lifecycle of all your product lines from a single platform.
Empower your Underwriting Workflow with WaterStreet
Underwriting professionals are responsible for the development, implementation, and management of strategic underwriting decisions and all related processes to ensure that underwriting results for each product, program, and service enhance the overall profitability, growth, and retention of the business. The ability to analyze the underwriting process, respond in the workflow to agents, and quickly and easily address the need to change underwriting rules is essential to providing an efficient underwriting workflow solution.
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.
Business Process Automation
Automate tasks based on configurable business rules in real time within the software. Implement data validation to trigger warnings, referrals, and compliance notifications to ensure new policies comply with underwriting rules.
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.
Analyze Risk and Act
Built-in business intelligence with 50+ industry standard reports and best-in-class analytics tools. Identify risk trends and anomalies, improve risk management of your product mix, and make data-driven decisions about risk selection criteria for your products.
Modernize Your Operations
Cloud-based platform designed to be device-agnostic so producers can access tools from their desktop, tablet, or mobile phone, and from any location. Elegant and intuitive workspace allows seamless movement through workflows and tasks.
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 underwriting decisions, our API facilitates bringing this vital data into your system.
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.
