Novarica Market Navigator™

US Property/Casualty Policy Administration Solutions 2009(Q3)

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The report is based upon Novarica research of each vendor’s key functionality and client base. In the report, Novarica identifies Sword Intech as one of a select number of vendors offering a full suite policy administration system for US property/casualty insurers that specialize in commercial lines.

Novarica references the extensive out-of-the-box functionality of Sword Intech’s software, which has been specifically designed to meet the needs of global and domestic commercial, E&S and specialty insurers. Combined with a high degree of configurability and reported initial implementation times of less than six months, these attributes facilitate rapid development and roll out of new products.

Chad Hersh, principal, Novarica, said: "Despite an increasing demand for E&S systems that can support all of the major markets -- US, Bermuda, and the UK -- only a handful of vendors have focused on this market, and fewer still have live implementations in each. With implementations in all three countries, Sword Intech is positioned to serve this market with a focus on large carriers."

© 2009 Sword Group|Leading global provider of high value business applications