Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, has selected Bond-Pro, a provider of Surety and Specialty Insurance software products, to automate their North America Surety operations and deliver a better customer experience. Bond-Pro®’s Enterprise Next Gen® surety platform will allow Swiss Re Corporate Solutions to automate and manage the entire life cycle of its US and Canada Surety offering, which includes Contract and Commercial lines of business. The platform automates underwriting, rating, scoring and workflow, and includes a comprehensive bond forms library.
“We were looking to expand our functionality and flexibility, and find a system which would seamlessly integrate with our existing business process management landscape,” states Steve Anderson, Head of Swiss Re Corporate Solutions Surety North America. “This collaboration kicks off our strategic initiative to create a single integrated technology solution across our entire Surety offering to deliver a superior customer experience.”
“The Next Gen Surety platform will help our business respond to agents, brokers and clients faster,” Steve continues. “Bond-Pro’s technology will also give our underwriters greater access to data, which will drive new solutions to address our customers’ risk management needs.”
Swiss Re Corporate Solutions aims to use technology to transform the commercial insurance industry. An advanced technology framework will increase efficiency, drive consistency, enable process segmentation and standardization, and achieve location optimization.
Frederick Duguay, President & CEO of Bond-Pro said, “We are extremely pleased that another one of the world’s leading carriers has chosen to implement our Next Generation Surety solution. This is a solid testament to the broad industry acceptance of our platform and further recognition of Bond-Pro as the de facto Surety technology standard.”
Bond-Pro is the developer and publisher of Bond-Pro® Enterprise Next Gen®, the leading Surety automation and management software utilized by hundreds of agencies and dozens of Surety carriers worldwide. It drives greater premiums, improves underwriting efficiency, reduces costs, and mitigates risk. Bond-Pro’s enterprise products and services enable Surety professionals to fully computerize and effectively manage the entire Surety life cycle including, Accounts, Jobs, Bonds and Claims. For more information, please call (813) 413-7576 or visit https://www.bond-pro.com.
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