For insurers eager to introduce new products, maintaining rates, rules, and forms is a complex and labor-intensive process. Many use ISO, NCCI, and state bureaus as resources to help them stay on top of loss cost trends, new product forms, and regulatory changes. However, state filing and acceptance are often bottlenecks in rolling out new products. In this session, Missouri Employers Mutual will share how they overcame these challenges, implemented a system, and expedited their state expansion—all in 12 months. They will highlight their experience and approach for introducing a product into new markets and getting to market fast, while remaining compliant.
Field of Study: Information Technology Delivery Method: QAS-Self Study Program Level: Basic Prerequisites: None Advanced Preparation: None
Following the purchase of this content, return here and click the session title to view the video and access materials. NASBA Requirement: In order to receive CPE credit for this session, you must watch the video in its entirety. You will not be able to access the post-test until the completion of the video. Access the test and survey on the CE Information Tab.
Improve fast business decision-making on circular updates, while also providing an audit trail on those decisions
Learn how to reduce efforts of implementing new lines of business
Get a glimpse into an insurer's process of adopting ISO content