Updating policy language across multiple lines can be more challenging than conducting a symphony orchestra. But, you can harmonize your forms and increase speed to market by becoming the conductor of your company’s forms development process.
Learn how Southern Farm Bureau uses Mozart to improve its form development process across several states. With Mozart, Southern Farm Bureau has been able to increase their efficiency and reduce the time it takes to update and file a form by weeks.
Now, more than ever, we can appreciate the need for technology changes. It's time to consider technology efficiencies in different places.
A Novarica Research Partners Program™ report on conversations with CIOs for large and midsized insurers found that querying multiple databases during forms development can be a significant drain on resources and delay speed to market. To address these challenges, a number of product developers have requested improved forms management, including better tools for searching for and updating forms.
I have used the Mozart Composer function with the Word drop-in function to create multiple drafts of potential forms we are considering for use. I love the Composer function because it allows me to create forms that are consistent in formatting and appearance.
- Raymond Nipper
- Product Development Analyst, Georgia Farm Bureau Insurance Companies
Compare forms or endorsements against one another, find similar language across your forms library, and compare clauses.
Not having your policy forms organized in one place can increase the time and resources your business devotes to finding, developing, and updating forms. Mozart allows you to centralize all your proprietary forms with the ISO forms that you license.
Create new projects, share your work with other users, provide commentary on drafts, track revisions, and manage your internal approvals directly within the platform.
Mozart contains a full edit trail for each document so there’s no more guessing at what’s the latest, internally approved version – or when historical changes were made by you and your colleagues.
Score your forms with our advisory readability tool, either individually or by batch.
Mozart lets you compose new forms and edit existing forms quickly and easily. With the Mozart match wording functionality, simply highlight the text you’re planning to revise and click “Match Wording.” You’ll receive a listing of forms in the ISO library and your library that contain that wording. Then, select the documents to update, and Mozart does the rest.
The Mozart smart search functionality makes your searches more efficient and effective. By applying tags—developed by ISO’s subject matter experts—to our forms and yours, you can now get results when searching for distinct insurance concepts.
With up to 50 customizable metadata fields, you have the ability to describe or categorize proprietary and ISO forms in ways that are meaningful to you.
Are you worried that your policy forms may be inconsistent or outdated? Are you frustrated when you try to find and update forms, or get new products out the door? If so, you may be suffering from wording leakage.
Mozart’s analytical technology creates a different way to look at your company’s forms and helps to easily compare and review documents and individual clauses to help shorten the product and rationalization processes.
Having all of our forms and ISO forms in one place makes it easier to develop new forms or a new line of business. We are able to issue policies quickly, accurately, and efficiently. Mozart makes the coordination process much easier and has been a most helpful workflow tool.
- Cheri Stribling
- Underwriting and Project Development Manager, Southern Farm Bureau Casualty Insurance Company
Insurers need to act expeditiously to update their forms that are outdated and ensure that their cancellation and nonrenewal provisions are consistent with the law.
Read the articleInsurers regularly need to develop customized updates to coverage forms, but are faced with challenges because they rely on manual processes and inadequate technology.
Read the articleYou will soon be redirected to the 3E website. If the page has not redirected, please visit the 3E site here. Please visit our newsroom to learn more about this agreement: Verisk Announces Sale of 3E Business to New Mountain Capital.