Workers expect their defined contribution plans to play a greater role in their retirement income than annuities.
Carpinteria, Calif. – June 12, 2014 – ClarionDoor, LLC (ClarionDoor), developer of modern enterprise-class, rating and quoting solutions for the insurance industry, is pleased to announce Berkshire Hathaway Travel Protection (BHTP), recently implemented the company’s Insured Rating solution.
“Our experience working with ClarionDoor has exceeded expectations,” said Josh Jandrain, vice president of information technology for BHTP. “Within two weeks, ClarionDoor was able to deliver our rates without a single error or setback while also surpassing our very high performance testing benchmarks. The flexibility of Insured Rating allowed us to make final refinements to our product and still maintain our delivery timeline. ClarionDoor has proven to be a great technology partner for BHTP."
BHTP set strategic direction for this project by developing the user interface (UI) internally before partnering with ClarionDoor for development of a rate plan. Today, ClarionDoor’s highly-acclaimed rating engine, Insured Rating, provides BHTP with a fully-integrated, black box rating solution which has enabled the rapid development and release of new products into the insurance marketplace via the company website, www.bhtp.com.
As a result of this implementation, on May 19, BHTP was able to launch AirCare, a fixed-benefit, flight protection coverage available up to one hour before flight departure. AirCare is the first of several travel-protection products slated to be released under the BHTP name over the next several months. Headquartered in Stevens Point, Wisconsin, BHTP provides air travelers with flight protection, which covers missed connections, flight delays, and claims involving lost or delayed luggage. This new product is part of BHTP’s ongoing commitment to meeting the consumer needs and lifestyle demands of today’s insurance buyer.
“Berkshire Hathaway is a welcome addition to the rapidly growing ClarionDoor customer base,” said Patrick M. McCall, chief sales officer at ClarionDoor. “The BHTP implementation is one example of what we feel differentiates ClarionDoor from other rating vendors, our speed-to-market development process. We literally went from a signed contract with BHTP to production status in less than 45 days. During that timeframe, we not only developed BHTP’s rate plan, we provided the guidance related to the integration between Insured Rating and BHTP’s UI.”
ClarionDoor’s Insured Rating is a modern rating engine platform, developed from the ground up to operate, perform, and scale exclusively in the cloud. The technology suite provides all the tools and services necessary for rating any line of business, algorithm, or transaction type, qualities which will be helpful to BHTP as the company adds additional products throughout 2014.
ClarionDoor delivers enterprise-class, web-based rating and quoting solutions to insurance organizations across all lines of business via the company’s flagship product, Insured Rating. By embracing cloud technologies, industry standards and a Software-as-a-Service (SaaS) delivery model, ClarionDoor’s experienced team of insurance and technology professionals helps insurance organizations quickly generate accurate, real-time insurance quotes and on-demand reports via Insured Rating’s integrated analytics capabilities. For more information about ClarionDoor or Insured Rating, please contact Patrick McCall at 570.645.5050 or email@example.com, or visit the company’s website at www.clariondoor.com.
About Berkshire Hathaway Travel Protection (BHTP)
Berkshire Hathaway Travel Protection is the marketing name for travel protection and services of Berkshire Hathaway Specialty Concierge, LLC, a subsidiary of Berkshire Hathaway Specialty Insurance Company, part of the National Indemnity group of insurance companies. Berkshire Hathaway Specialty Concierge, LLC provides personal and emergency assistance services, and liability-protection products to customers. Our hallmarks are a dedication to the highest levels of customer service, family-centric work environment, and commitment to individual growth and abilities. We truly believe our direction is guided by our values. Berkshire Hathaway Travel Protection created AirCare™ flight protection and other innovative products, and backs them with high-tech enhancements and industry-leading customer service. AirCare™ will be written on the paper of National Fire & Marine Insurance Company. Visit bhtp.com for more information.
St. Nick Media Services