Support your underwriting team with an advanced rating engine. WaterStreet Company’s underwriting software helps underwriters achieve accurate and efficient risk assessment. We understand the pressure underwriters face when responsible for the development, implementation, and management of strategic underwriting decisions. All related underwriting processes are supported within WaterStreet Company’s unified solution to ensure underwriting results for each product, program, and service enhance the overall profitability, growth, and retention of the business. Underwriters gain the ability to analyze the underwriting process, respond in the workflow to agents, and quickly and easily address the need to change underwriting rules. These needs are essential to working within an efficient underwriting workflow solution.
Take Control of Your Underwriting Management
We offer Policy Administration built with a rules-based rating engine, 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. 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 insurance risk assessment. Low-code/No-code configuration tools empower you to modify offerings based on your unique business needs.
Risk Assessment and Action
Our built-in Business Intelligence contains 50+ industry standard reports and best-in-class underwriting analytics tools. Identify risk trends and anomalies, improve risk assessment of your product mix, and make data-driven decisions about risk selection criteria for your products.
Modernize Your Operations
Producers can access tools from their desktop, tablet, or mobile phone, and from any location with our cloud-based platform, designed to be device-agnostic. Access an elegant and intuitive workspace for seamless movement through underwriting 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 rating engine.
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.
