KnowledgeCenter one of the leading providers of desktop document management, workflow and business solutions for the London Insurance Market has successfully delivered it's KC Binder Management Solution for leading international broker Price Forbes. KC Binder Manager is an end to end seamless solution for managing facility/binder/lineslip business. Following it's successful deployment for Price Forbes' Equinox Underwriting, Price Forbes has now given the go ahead to roll out the solution for it's Motor Account.
The solution provides a speedier turn around for Submissions and Quotes, a consistent approach to managing facility business, it eliminates the entry duplication of risk data, manages the processing of complex Endorsements, and includes integrated workflows with an in built Policy production capability. One of the key drivers for Price Forbes is that users can access the system through either Microsoft Outlook and/or via a browser.
At the centre of the solution is KnowledgeCenter's recently released KC 1View solution which provides desktop access, as well as a familiar look and feel for all users of the binder system through MS Outlook.
KC Binder Manager, as a generic solution, is due to be enhanced throughout the course of 2008 to support Claims Management, and Bordereaux production and reconciliation.
Andrew Walkling, Director, Price Forbes said of the agreement with KnowledgeCenter, " we were looking for a partner with a clear understanding of our business requirements along with the expertise to deliver a web based solution. We were impressed with their business knowledge and with the solution they presented to our team. KnowledgeCenter has delivered within time and budget a solution attuned to our requirements. We are now looking to move on from our North American property account to roll out the solution to other areas initially with our International Motor business. We look forward to a long and enduring partnership with them".
Eddie Tait, Strategy & Marketing Director of KnowledgeCenter, said “we are delighted with the successful partnership with Price Forbes which has delivered real business benefits for the Underwriting Entity. This in turn has led to further roll out and developments for their Motor account. We feel fully vindicated in the commitment we have made to the solutions we have developed and web browser platform we have invested in over the last 18 months and are delighted with the keen interest shown by the market”.
KnowledgeCenter provides solutions for brokers and underwriters looking to address document management, document repository, interoperability, document assembly and business process requirements through their KCenter suite of products. These products are based around a powerful, robust and scaleable web based suite of integrated products and applications, configured to support and manage broking and underwriting business processes, in line with corporate and industry compliance. The recent launch of 'KC 1 View' now delivers this capability through a single view at the desktop utilising Microsoft Outlook.
KnowledgeCenter clients include THB, Arthur J Gallagher, BMS Group, Price Forbes, Benfield, Catlin and QBE.