Insuresoft, a US-based provider of insurance software, has expanded its policy administration system, The Diamond System, into the property and casualty commercial lines of business.
According to Insuresoft, The Diamond System will now provide carriers with a single platform for policy processing, claims, billing and reporting while eliminating the need to process the policies on multiple systems.
Tony Villa, president and CEO at Insuresoft, said: “Expanding into commercial lines was a natural progression for Diamond and Insuresoft. With the help of our customers, we have developed a complete, commercial lines policy administration system.”
Headquartered in University Park, Illinois, Insuresoft is an independent software vendor delivering insurance software to the property and casualty insurance industry. The company offers a suite of products and services that are configured to meet the needs of insurance companies and managing general agents in North America.