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AdvantageGo Announces Underwriting Workbench Deployment with Chubb Global Markets

London, 2 March 2023 – AdvantageGo, a leading commercial insurance and reinsurance software provider, 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.

About 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

About Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent SaaS-based software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. Our SaaS-based solutions help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a long-time global presence, serving over 600 customers in more than 30 countries with our innovative offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.    

For more information, please visit  https://sapiens.com

Media contact:

David Bernard Benyon

[email protected]

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