Insurity in the cloud -based insurance software provider has collaborated with Incipher, which automates surplus lines for tax returns.
This cooperation is intended to offer insurance companies, brokers and managing general agents (MGAs) with a solution that simplifies the management of surplus lines, reducing the challenges of compliance.
The integration of the cloud-based solutions from Inzurity-based policy administration with Incipher tax automation software makes the transfer of surplus and surplus (E&S) policy data between platforms.
This automation facilitates automated tax processing, which can reduce transaction costs and errors, and can speed up the submission times.
The Alliance is expected to expand the E&S tax solutions from the Insurance to its customer base, which offers an “end-to-end” compliance solution.
Incipher Sales and Marketing VP Jason Russon said: “Incipher plays a crucial role in the unauthorized insurance sector through its tax platform. But without connectivity and a seamless way to get data in our system, our solution is only so effective.
“Working together with the insurence reinforces the effectiveness of the Incipher platform and also makes fast, accurate and timely surplus lines possible.”
Insurance main insurance and main reserve officer Sylvester Mathis stated: “We are pleased to work with Incipher to improve the management of surplus lines for our customers.
“This cooperation is in line with our dedication to offer innovative solutions with which insurers can streamline their processes. Thanks to this integration, our customers can improve their compliance efforts, increase efficiency and reduce the administrative challenges related to surplus lines. “
In November 2024, Inzursity Jonathan Victor appointed Chief Operating Officer.
Victor will manage cloud activities, customer success, company security, system integrator activities and professional services.
“Insurance partners with Incipher to facilitate excess lines, was originally made and published by Life Insurance International, a Global Data brand.
The information on this site is only included for general informative purposes. It is not intended to be an intended for advice on which you must trust, and we do not give a representation, warranty or warranty, whether we express whether we are implicit with regard to its accuracy or completeness. You must obtain professional or specialist advice before taking or taking all promotion on our site on the basis of the content.
