Document Sciences Corporation, a proven leader and innovator in automating creation and delivery of enterprise business communications, and PureEdge Solutions, Inc., the leader in secure, XML forms-based business process automation, announced a marketing partnership that enables front- to back-end automation of insurance policy production. The partnership joins PureEdge's ACORD XML-based e-forms solution with Document Sciences' ISO-forms based xPression policy generation solution.
PureEdge's technology converts ACORD forms into XML e-forms, reducing the processing time and cost of completing transactions, while minimizing errors associated with data re-entry. Data gathered via the forms is sent to the insurer's administration system for rating and underwriting and then on to Document Sciences' xPression for generation of a proposal or policy. xPression uses XML-based business rules to pull the appropriate data and content from the administration system and assemble the content for the appropriate ISO form. The forms can then be delivered to policyholders, agents and brokers through print or electronic channels. "We are pleased to be working with Document Sciences to enable insurers to serve their customers more quickly and efficiently, while reducing costs of policy underwriting," said Mark Upson, CEO of PureEdge. "For insurers, the integration of their online customer facing presence with their internal policy processing systems create a higher level of customer service and retention which is critical in today's highly competitive insurance market."
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