AdvantageGo Announces Underwriting Workbench Deployment with Chubb Global Markets
London, 2 March 2023 – AdvantageGo, a leading commercial insurance and reinsurance software provider and part of Coforge, today announced that Chubb Global Markets (CGM) has gone live with AdvantageGo’s Underwriting workbench, a modular platform.
Chubb is the world’s largest publicly traded property and casualty insurance company and CGM is its London Market wholesale and specialty business, including the insurer’s Lloyd’s platform.
Chubb began working with AdvantageGo’s connected Underwriting workbench last year to consolidate pre-bind risk information for its syndicate and companies market data.
Through a single multi-product, multi-language, multi-currency platform, AdvantageGo’s Underwriting workbench delivers the flexibility to cater for multiple digital channels and B2B models. This includes simplifying and reducing hand-offs for faster turnarounds and eliminating rekeying, automating license and sanctions checks, ingesting submissions, and carrying out pricing – allowing underwriters more time to focus on underwriting itself.
In addition, the workbench integrates with other AdvantageGo products to enable a seamless transition from pre-bind to post-bind, email ingestion, and the automatic creation of submissions.
“We are delighted Chubb has chosen our Underwriting modular platform,” said Ian Summers, Global Business Leader, AdvantageGo.
AdvantageGo helps insurance companies to look from an increasingly precarious future back to today. The difference is clarity. And profit. By bringing the future more efficiently and effectively into the present, we position insurers´ profits at the heart of their business – today, not tomorrow. Our pioneering platform and 25 years of experience mean AdvantageGo offers insurers the IT agility they need to create an intelligent digital strategy.
Learn more at www.advantagego.com
Coforge is a global digital services and solutions provider, that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients. A focus on very select industries, a detailed understanding of the underlying processes of those industries, and partnerships with leading platforms provide us with a distinct perspective. Coforge leads with its product engineering approach and leverages Cloud, Data, Integration, and Automation technologies to transform client businesses into intelligent, high-growth enterprises. Coforge’s proprietary platforms power critical business processes across its core verticals. The firm has a presence in 21 countries with 25 delivery centers across nine countries.
Learn more at www.coforge.com
David Bernard Benyon