Insurance Technology Solutions was formed in 2011 to solve the problem of service delivery of P&C insurance for the entire P&C vertical value chain; Reinsurers, Syndicates, Lloyds Brokers, Insurers, Coverholders, MGAs, Brokers/Agents and Clients.
Tremendous gaps in technology throughout the P&C insurance industry lead to terrible service for clients who are now quite used to nothing less than instantaneous service from other industries. Most insurance policies take days, weeks, even months to Quote, Bind, Deliver and Invoice.
The goal for Insurance Technology Solutions was to come up with a solution that would give P&C insurance customers the same service that they have come to expect everywhere else and allow insurance brokers to deliver that service. With that ITS’ BindEasy solution was born.
ITS QUOTE, ISSUE, DONE