HP Exstream enterprise document automation software is expected to allow insurance carriers to reduce document costs

Island Insurance, Hawaii’s property and casualty insurance carrier, has selected HP to implement HP Exstream – reported propertyandcasualty.com.

HP’s enterprise document automation software is expected to create, manage and generate important policyholder communications, including quotes, policies, correspondence and statements for Island Insurance customers, said the company.

HP Exstream enterprise document automation software could allow insurance carriers to reduce document costs by streamlining document creation processes to produce effective, relevant communications.

Island Insurance intends to pull HP Exstream’s design environment to create customised communications, regardless of document type and variable content. The company expects to consolidate communications to one platform, so it can reduce costs and ensure consistent policyholder communications.

Island Insurance is a Hawaii-based insurance carrier offering a suite of property and casualty protection.