Insurity, a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs, has entered into a partnership with WorkersCompensation.com, the largest regulatory and compliance information center for the workers’ compensation industry, to streamline administration of jurisdictional forms and disability rates for Insurity’s Workers’ CompXPress Suite. The integrated policy, billing, and claims administration suite has the largest market share of monoline workers’ compensation insurance clients in the United States.
“By automating the research and maintenance of mandatory forms and disability rates, our clients can remain compliant in every region they operate and better utilize their time and resources on serving their policyholders and growing their businesses.”
Traditionally, workers’ compensation insurers must expend significant time and resources to research, maintain, and integrate thousands of mandatory jurisdictional forms, as well as disability rate content, within their systems across covered regions. This often involves tedious manual processes across multiple teams. Through the partnership, Insurity eases the burden with automated updates and the integration of WorkersCompensation.com’s FlashFormSSL, a secure cloud library of nationwide jurisdictional forms, as well as the CompGuideXML, its nationwide disability rating guide.
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“Our partnership with WorkersCompensation.com extends Insurity’s leadership in the workers’ comp space and reinforces our longstanding commitment to provide the latest technology and resources for the purpose of simplifying the insurance process,” said Michele Shepard, chief revenue officer at Insurity. “By automating the research and maintenance of mandatory forms and disability rates, our clients can remain compliant in every region they operate and better utilize their time and resources on serving their policyholders and growing their businesses.”
“We are excited to partner with Insurity and provide their clients easy access to the latest content for workers’ compensation,” said Robert Wilson, CEO of WorkersCompensation.com. “With an extensive library of over 3,700 fillable workers’ comp forms and regulations for 53 jurisdictions that can change at any time, Insurity has now removed a significant ongoing administrative hurdle for their Workers’ CompXPress clients.”