Property and Casualty Solutions

Myriad is a leading provider of underwriting decision support solutions through workflow management, integrated underwriting information and underwriting intelligence. We currently serve a number of leading U.S. homeowner carriers, including eight of the top forty.

Workflow Management

Risk Manager streamlines workflow and creates significant time and cost savings for property insurance carriers by utilizing:

  • Rules Based Engine - An advanced rules based engine is incorporated in Risk Manager to automate manual processes and next steps in the inspection and underwriting process.
  • Work Priority Index (WPI) - This unique process ensures that underwriters review the most pressing cases first.
  • Reminders - Never let important follow up tasks fall through the cracks again.
  • Automated Letter Generation - Significant time and cost savings are created through automating letter generation.
  • EODB - Provide agents greater transparency and vision into the underwriting process.

Integrated Underwriting Information

Effective integration of key data into your underwriting process can automate decisions and lead to more accurate results. Integrate information you need including:

  • Eligibility data - Vacancy, foreclosure, business on premises and more.
  • Property data - Property characteristic, building permit and more.
  • Proximity data - Fire protection, costal risk, brush fire and more.

Underwriting Intelligence

All data collected and underwriting decisions made on Risk Manager is archived. Knowledge gained is then recycled for continuous program improvement. Risk Manager provides comprehensive management information in the following areas:

  • Agent Performance
  • Underwriting Performance
  • Insurance to Value
  • Vendor Performance