Insurance Industry

DP Solutions has acquired a vast amount of practical business knowledge and experience in the Insurance industry. We have successfully developed and deployed insurance applications for companies in Auto Insurance, Life Insurance, Medical Insurance, Premium Finance Insurance, and Health Insurance Management. The applications we develop vary from Windows-based applications to Web-based applications that are hosted at our Data Center.

Insurance industry competencies include:

Complete Insurance Applications

• Windows and Web user interfaces for quickly selecting and entering data in order to get rate quotes.
• Individual Insurance rating software for providing quotations, policies, and all related printed insurance forms.
• Comparable Insurance rating software for providing quotations, policies, and all related printed insurance forms.
• Insurance forms, applications, waivers, etc. supplied in various formats such as .pdf, Crystal Reports, MS-Access, HTML and XML).
• Custom insurance agent reports providing information such as commissions, quotes to policies, and policy summary reports.
• Functionality built into applications for providing vehicle VIN decoding in order to determine vehicle Year, Make, Model and ISO symbol, saving tedious data entry for these required fields.
• Insurance rating engines for generating rate quotations.

Understanding of the Insurance Industry and its Specific Rules

• Automatic application printing of appropriate insurance documents based on customer selected insurance options.
• Industry specific data validation on all user interface controls. (i.e. - driver age, policy effective dates, ineligible vehicles, ineligible drivers, etc.).
• Calculations for creating rating factors for drivers and vehicles.
• Sorting algorithms to correctly pair drivers to vehicles for an insurance quotation that has multiple drivers and vehicles based on their specific rating factors.

Insurance Databases, File Formats, EDI, and Third Party Interfaces

• Relational database for insurance rating factors and values.
• Relational database for quote and policy information.
• XML Insurance policy file formats for transferring data between various companies and applications.
• EDI file development and the interfaces to third party service bureaus for requesting and receiving information.

The experience and knowledge that DP Solutions has in the insurance industry complements our overall technical expertise. This unique combination of industry-specific knowledge and technical proficiency allows us to provide you with highly skilled engineers and technicians who understand the unique needs of your business.

Contact us for more information.