FirstBest Hosts Webinar: Why an Underwriting Management System Adds Value Beyond Your Policy Administration System

BEDFORD, Mass., March 26, 2013 /PRNewswire/ -- FirstBest® Systems, Inc., provider of insurance software solutions for global insurance carriers, today announced a complimentary webinar for insurers who want to focus on the insurance front office; the underwriting, sales and marketing side of the business.  Attendees will learn about the ways that an underwriting management system (UMS) enables the insurer to respond quickly, improves decision quality and delivers better service while achieving profitability goals.

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WHO:  Insurers who are considering a project, are in the midst of one, or who simply want to learn more about this hot industry topic, should attend to hear Ernst & Young Principal, Underwriting, Product and Policy Solutions Insurance Advisory, Gail McGiffin, present key considerations for various industry segments.

WHAT:  Essential to an insurer's business, the PAS focuses on back-office fulfillment and processing one policy at a time.  Also essential to meet the demands of the market today is the underwriting desktop, which focuses on the overall account sale and servicing and the underwriting side of the business.  Ms. McGiffin will discuss, among other topics:

• The business case for the Underwriting Desktop vs. Policy Administration System (PAS)
• Major functional and process distinctions
• High-level application architecture considerations
• Critical success factors related to Underwriting and PAS projects/programs

WHEN:  Wednesday, March 27, 2013, from 2:00 to 3:00 p.m. Eastern

WHERE:  Insurers, press and analysts are encouraged to register today for the complimentary webinar.

FirstBest® Systems is the leading provider of insurance software solutions that help global insurance companies improve underwriting profitability, scale their business and achieve high service levels with agents, across the enterprise. The patented and proven FirstBest Front Office Suite has processed more than $9 billion in quotes and includes modular underwriting workstation, mobile underwriting, agent portal, and agency upload applications. Global companies such as XL Group plc, a global insurance and reinsurance company and OneBeacon, and other leading carriers such as IWIF, ICW Group Insurance Companies and others rely on FirstBest to improve underwriting efficiencies and quality, institutionalize knowledge and best practices, and empower everyone in the process to rapidly quote, collaborate, issue, and bind business on a single real-time platform from anywhere. To learn more, call +1-781-863-6000.

FirstBest is a registered trademark of FirstBest Systems, Inc. FirstBest Front Office Suite, FirstBest UMS, Underwriting Management System, FirstBest Agent and FirstBest AppReader are trademarks of FirstBest Systems, Inc.

SOURCE FirstBest Systems, Inc.