Property and Casualty


P&C Bordereaux Services

A unique, powerful and functionally rich P&C bordereaux management solution, integrated to a transactional system of record, that supports management and audit of individual premium, policy or risk level records, claim and cash data.  Data can be ingested from a combination of bordereaux import, and direct user interface: configuration, mapping, and manipulation of both the importation of the (source) data and full configuration of the system of record (target) data. Includes ability to manage Binding Authority as well as Claims Authority referrals. Full Claim Top-Off and Cash-Call management.  Support for Brokers, Carriers, Coverholders, MGAs, MGUs, and Reinsurers.

P&C Rating Services

The OWIT Rating Services component supports any P&C line of business and is especially accommodating for businesses that need to support specialist niche Line of Businesses (LOBs). P&C Rating Services is a complete tool-based, drag and drop environment for configuring rating rates and rules. Not a single line of code needs to be developed by the user. P&C Rating Services will help customers meet the current and future needs of the market, helping our customers differentiate themselves from their competitors. The P&C Rating Service can quickly be integrated with existing insurer environments.
OWIT Global also provides “out of the box” solutions, leveraging existing services. One such example is the OWIT’s Intelligent Cyber Rating Service, which includes powerful Cyber Analytics. We combine the power of new niche, innovative business solutions, delivering the next generation of Rating Services.

P&C User Experience Services

OWIT’s P&C User Experience Services is a complete approach to configuring a user experience for ANY workflow whether a portion of insurance processing or any data capture need. A complete drag and drop experience, users can configure design, fonts, styles, workflow. Leveraging a set of included tools, additional capabilities such as adding links, maps and payments can be added to the flow. The Service also integrates with external solutions such as OWIT’s P&C Rating Services and P&C Document Services or an insurer’s existing legacy to complete a workflow.

P&C and A&H Document Services

OWIT’s Document Services empowers non-technical business users to rapidly design, maintain, and deploy a wide-range of documents including Applications,
Declination letters, Indications, Subjectivities and Invoices. Developed as a microservice, Document Services can be accessed simultaneously by multiple systems regardless of platform, location, or line of business. All OWIT microservices offerings, like the new Document Services, are designed to be compatible with existing carrier environments as well as future blockchain implementations.

P&C Agency Portal Solution

The P&C Agency Portal is a complete quote to bind solution that supports new quotes, management of quotes and binding. Out of the box, the solution was configured with the use of OWIT User Experience Service, OWIT Rating Service and OWIT Document Service. Insurers can brand the solution and provide a complete experience to both agents and the insured. If the insurer chooses to use their own rating and document solutions, the portal can be leveraged for the user experience and integrate with these components.

P&C Intelligent Cyber Solution

OWIT’s Intelligent Cyber Rating Service is a combination of the OWIT P&C Rating Service and Cyber Analytics. Through this solution, an insurer has access to more Cyber Risk related data for a prospective insured corresponding to geography, industry and type of business. Cyber predictive risk scenarios are continuously updated to reflect the evolving cyber threats landscape and result in real-time insights and predict the frequency and severity of attacks.