Camilion(TM) Solutions Releases Latest Version of Authority Suite(R)



    
    Modern Policy Administration System Gives Property and Casualty Insurers
    Product Agility Required to Enter New Markets and Change Products Quickly
    

    TORONTO, Jan. 14 /CNW/ - Camilion Solutions, a leading provider of
insurance product development solutions and modern policy administration
systems, today announced the availability of Authority Suite(R) V4.0, a
single-solution policy administration system for the Property and Casualty
insurance market. A complete policy administration solution built on the
industry's most modern, tools and rules-based technology platform, this
release of Authority Suite includes an enhanced user interface (UI),
sophisticated forms selection capabilities, complete out of sequence
endorsement functionality and extensions to its highly-differentiated product
configuration engine.
    While continuing to provide a UI that can easily be configured for the
specific needs of an insurer, Authority Suite's new "out-of-the-box" UI
includes a modern look and feel, along with improved navigation that will
increase productivity and shorten system training requirements. Productivity
is further improved as Authority Suite users can now select forms based on
name, number or description, the creation and modification of forms rules has
been significantly simplified, and conflict resolution is streamlined through
out of sequence endorsement processing that automatically flags the need for
underwriter intervention. Product configuration enhancements in Authority
Suite 4.0 will allow for easier sharing and re-use of product data and rules
allowing even greater product agility, particularly important to insurers who
want to quickly enter new markets or modify existing offerings to remain
competitive.
    "We continue to work closely with our customers, many of whom are the
world's largest P&C insurers, to identify innovative and deeper functionality
for Authority Suite," said Ross Orrett, President and CEO, Camilion Solutions
Inc. "In the months ahead, product agility will be increasingly important for
P&C insurers as they prepare to compete in a difficult market. As well as
providing all of the core functionality expected from a modern policy
administration system, Authority Suite provides the capability for
unprecedented product agility enabling insurers to quickly enter new states 
and niche markets and capture market share from the less innovative. Its new
underwriting features and enhanced product configuration capabilities will
also be instrumental in maintaining or reducing underwriting and system
maintenance costs."

    About Authority Suite(R)

    Leveraging a Service-Oriented Architecture and built on the most modern,
tools and rules-based technology platform, Authority Suite supports the entire
policy lifecycle including application data capture, qualification, rating,
quote management, bind, issuance, all the required policy endorsement
functionality and easy integration to other enterprise systems. Authority
Suite, which features a consolidated underwriting workstation and straight
through processing (STP), is powered by Camilion's ProductAuthority(R), the
world's only "pure" product configurator built from the ground up for
insurance. ProductAuthority creates agility by externalizing all product data
and rules from multiple, hard-coded operational systems into a central
repository, where complex products can be easily configured and modified.

    About Camilion(TM) Solutions Inc.

    With customers who are the world's largest insurers, Camilion Solutions,
Inc. (www.authoritysuite.com) uses its deep knowledge of insurance to create
software solutions that enable insurers to develop new or modified products
more quickly than competitors, automate underwriting, enable straight-through
processing for online sales, and deploy an agile, modern technology platform
to better support growth and expense reduction. Camilion is a privately owned
corporation established in 2001 with offices in Toronto and New York.

    Authority Suite(R) and ProductAuthority(R) are registered trademarks of
Camilion(TM) Solutions, Inc. All other names and trademarks mentioned are the
property of their respective owners.





For further information:

For further information: Gwen Lannaman, Camilion Solutions, T: (905)
482-3452, M: (416) 922-9557, gwen.lannaman@camilion.com

Organization Profile

CAMILION SOLUTIONS INC.

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