Streamlining Manuscript Endorsement Production with CCM

As a manual and error-prone process, manuscript endorsements are one of the most substantial operational inefficiencies for specialty carriers. With changing regulations, intense competition, and shrinking growth rates in the U.S. insurance industry, carriers must enhance business processes for agility, flexibility, and operational efficiency. This is especially true for specialty carriers who are behind the curve in terms of business automation due to the nature of complex and often highly customized coverages.

While under a time crunch, underwriters must be extremely careful when drafting manuscript endorsements. Any ambiguity or inaccuracies in the policy can be interpreted adversely against the insurer, creating high levels of risk.