Policy Issuance

Based on the pre-defined document processing rules for this carrier, state and policy LOB(s) the appropriate forms are automatically compiled. Integrated policy issuance for commercial, wholesale P&C policies is one of the latest module additions to the GAAPinsurance system and has maximized the blended power of Microsoft technology and the GAAPinsurance database access.   The document management section of GAAPinsurance provides for the definition and maintenance of physical and logical data fields available to all policies.  Microsoft Word documents may be created with “merge fields” that point to the library of data fields provided by GAAPinsurance.  Unlike many databases that interface with word processors, the GAAPinsurance system is unique in that these merge-fields DO NOT have to be pointers to physical data elements defined in a database dictionary, but may also include logical, time-sensitive and “just-in-time” calculations of data values.