Outline Systems (OSI), a provider of IT solutions and services for insurance carriers and managing general agencies (MGAs), has released ProducerOne, a producer management system intended to improve sales and agency distribution channel relationships.
ProducerOne is expected to help insurance organisations manage the entire producer life cycle by integrating with existing policy administration systems and adhering to external regulatory requirements. It is to ensure ease of doing business for agents, MGAs and carriers alike, claims the company.
Increasing regulation of the insurance industry makes the inclusion of compliance management in ProducerOne’s functionality, which aids these efforts by easing the administration of producer background checks, state appointments/terminations and insurance certificates.
Satvinder Singh, president and CEO of OSI, said: “There are many other solutions that provide one piece of the puzzle. ProducerOne is the only product designed to handle the full spectrum of producer administration, including compliance tracking, relationship and appointment management and more.”
