KC Binder Manager

A substantial saving of cost, time and effort from Enquiry to Firm Order is achieved as the duplication of risk data entry across multiple systems is removed. Risk data will only need to be captured once, as the business systems will be synchronised automatically.

Intuitive Document Assembly methods aid the production of Policy documentation more efficiently and accurately whilst maintaining consistency of presentation. This process includes the provision of automatic document revisions and version management. Future changes to the document format e.g. LM Slip to MR Slip to GPD will only require a change to a single template and this change will be cascaded throughout the organisation, removing the reliance on individuals, saving time and guaranteeing accuracy.

The introduction of a Business Process Management (workflow) tool removes many of the manual tasks within the operation, replacing them with managed, audited and controlled electronic processes. This will enable Brokers and Underwriters alike to process business more efficiently and take on greater capacity. It supports areas including the penning, scanning, printing and filing of documents that are essential to the placement process undertaken by Brokers and Underwriters. This process traditionally requires a considerable amount of manual effort which can now be better supported by electronic task allocation and authorisation, as well as being an effective means of sharing risk related data.