DTRIC will broaden their commercial lines offerings throughout the state of Hawaii this year.âWith our mid-term change in plans it is exciting that DRCâs Extended Lines product will allow us to place our new commercial lines business into production with significant efficiency gains, at about the same time as we write our first contract.â said Bill Marr, COO of DTRIC. âSpeed to market is critical when new products are tested in this marketplace and DRC will deliver that speed. We are delighted to work with such an experienced local partner for these very important product offeringsâ added George Lucas, V.P. of Technology for DTRIC.
The functionality of DecisionMaker Extended Lines is so flexible that insurance companies can have a new system in production in just a few months. âBy leveraging our rating technology and existing systems we are able to help our customers launch new lines of business quickly, affordably and with minimal riskâ said Karen Yamamoto, DRCâs Vice President of Product Development. âOnce we have the requisite data sets and rates our clientsâ products can be in production in less than a monthâ added Yamamoto.
DRCâs DecisionMaker Extended Lines Policy Administration System extends DRCâs DecisionMaker Policy Administration System that already supports integrated and/or stand alone modules such as quoting, rating, complete policy issuance, claims, billing to Stat reporting. Because it is already integrated with DRCâs DecisionMaker Suite, companies can affordably launch a new business in weeks as opposed to months. âIt doesnât matter what channel DRCâs clients are servicing or what new line(s) of business they want to offer. Extended Lines will integrate with a mature, robust and scalable policy administration system while simultaneously allowing the client to face the realities of their business without worrying about expensive programming initiatives that will delay the speed to market. This will create competitive advantages for DRCâs Extended Lines customers â said Stephen Korow, DRCâs Vice President of Technology.