Scottsdale Insurance has signed a contract to license Vertafore PolicyIssuance product.
Scottsdale Insurances selected PolicyIssuance to enable its general agents to have access to its policy forms library, receive real-time forms updates and gain improved efficiency by saving keystrokes.
Web-based and built to ACORD XML standards, PolicyIssuance provides an efficient process for general agents to issue policies, virtually eliminating redundant keystrokes, claims Vertafore.
Data will be extracted from the agency management system, and software analyzes the data based on an underwriting rules engine.
Once all the mandatory data is complete, the software automatically selects the required policy forms and pre-fills data into form sets, totally eliminating the re-entry of data.