Bermuda-based Torus Insurance has signed a contract to license Outline Systems Inc's (OSI) producer management system, ProducerOne, to improve transparency and enhance agency-carrier relationships for efficient and flexible producer on-boarding process.
The capabilities provided by ProducerOne the company will take the producer lifecycle management, licensing and compliance process to new, more efficient levels.
According to the Outline Systems, the ProducerOne solution helps insurers manage the entire agent life cycle using components for life cycle management; relationship management; security management and self service; and analytics and reporting.
Torus CTO in North America Justin Manley said having completed the construction and implementation of ESCAPE, a broker portal for low touch/no touch policy submissions, streamlining producer on-boarding process was a natural next step as the company add admitted business to the site.