Analyst Reports




Mastering Commercial Lines Automation
New research from strategic advisory firm SMA Strategy Meets Action outlines the need for the combination of advanced underwriting and PAS solutions and walks through the business and technology capabilities that must align to deliver complete automation to the commercial-lines underwriting process. Download the report »



Q4 2010 Cool Capabilities Report
FirstBest AppReader™ is a new agency connectivity application that enables data upload for agents and underwriters, regardless of agency management system, and without proprietary networks or transaction fees. Download the report »



Vendor Solution: FirstBest UMS
FirstBest’s UMS is an extremely robust agent portal and underwriting platform. It provides strong collaboration capabilities while supporting all of the transactional functionality required in an agent portal. The comprehensive underwriting solution has helped clients increase new business while maintaining or reducing underwriting costs. UMS is an especially good fit for small to midsize commercial carriers who focus on mid-markets or more complex lines. Download the report »



P&C Insurers Turn to Strategic Technology Investments to Beat the Soft Market
Ward Group, a leading insurance industry benchmarking and consulting firm, and FirstBest patnered to conduct a survey of 75 P&C carriers to understand how they view their own company’s and their industry’s strategic technology investments. Their goal was to uncover insights on how carriers are leveraging technology to improve ease of doing business with agents and underwriting quality and efficiency in a soft market. This is a summary report of their findings. Download the report »

 


Underwriting Workstations Power Analysis and Collaboration for Commercial Line P&C Insurers
The key to P&C profitability lies largely in adoption of transformational underwriting technologies – as recognized by a growing number of consultants, independent research firms and authors. “For commercial line P&C insurers, underwriting functionality through legacy policy administration falls short of meeting strategic business goals such as underwriting profitability and pricing/risk accuracy.” Stephen Forte, Research Director, Gartner. Learn more about this report »

 

Hot Insurance Tech Companies To Watch In 2009: Profiles Of Technology Companies That Are Reinventing Insurance IT
Forrester report “Hot Insurance Tech Companies To Watch In 2009: Profiles Of Technology Companies That Are Reinventing Insurance IT,” December 12, 2008, by Ellen Carney, Senior Analyst, named FirstBest Systems one of seven insurance technology vendors meeting “diverse or emerging insurance industry needs,” including “flexibility to respond to customer, agent, and carrier requirements at the speed-of-market.”  In this first document in Forrester’s “Hot Companies to Watch in Financial Services” series, analysts profile several emerging or smaller companies to watch in 2009 and beyond and provide brief descriptions of companies noted for their “inventive approaches and solutions.”  Download the report »

 

 

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