Church Mutual Insurance Expands on the Instec Policy System
Church Mutual has been insuring religious institutions since its founding in 1897 and has broadened its reach to include schools, camps, and senior living facilities. In 2016 the company reported direct written premiums of
"We've established a solid reputation in the markets we serve because of our expertise and the tailored products we offer to our customers," said
Church Mutual began using the Instec Policy system in 2016 for workers' compensation, and added commercial auto in 2017. The Instec system's managed library of bureau content, and its configurability, were key factors in Church Mutual's quick ramp-up to production.
Prior to bringing Instec in-house, Church Mutual had explored other options for its multi-peril line, and had not yet hit on one that could meet its needs. In late 2017, with Instec having proven its ability to deliver successfully on the two other lines, Church Mutual added multi-peril to the Instec platform.
"We've developed a very productive partnership with Instec," said Hancock. "They bring a lot of industry experience to the table. They understand our strategy and where we'd like to take the business."
"We couldn't be happier to have Church Mutual as a customer," said
About Church Mutual
About Instec
Instec's unique approach to systems for the insurance industry enables P&C carriers, MGAs and MGUs to launch programs and specialty offerings from start to first quote in as little as four weeks. With built-in bureau content and reusable business rules, Instec systems provide a platform for innovation with reduced risk. In addition, cloud-based deployment and subscription-based pricing enable insurers to test new programs at a low cost of entry and scale up affordably as the business grows. To learn more, visit http://www.instec-corp.com.
Read the full story at https://www.prweb.com/releases/2018/06/prweb15563946.htm
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