Catlin Selects ClarionDoor's Insured Rating
CARPINTERIA, California – July 25, 2013 – ClarionDoor, LLC (ClarionDoor), a leading provider of hosted rating software to the insurance industry, is pleased to announce Catlin, Inc. (Catlin) has signed an agreement to license ClarionDoor’s flagship offering, Insured Rating.
As one of the premier specialty insurers in the U.S., rating is a primary enabler of new business for Catlin. Catlin selected ClarionDoor’s Insured Rating to enable a web-based rating solution for their managing general agents (MGAs), as well as easy on-line access to Catlin’s underwriting manuals and documents. Under this agreement, ClarionDoor will provide a total turnkey solution for Catlin that includes development of a branded user interface, rates, algorithms, and an ACORD XML web service for both general liability and commercial property.
“We are happy to have chosen ClarionDoor for our general agency-facing rating initiative,” said John Hartman, managing director of Catlin General Agency Solutions. “We selected ClarionDoor because of our need for speed to market, because we were looking for a solution built to ACORD standards, and because ClarionDoor offers functionality supporting every line of business as a secure web service. More importantly, our underwriters and actuaries will have complete control to manage our rates and algorithms.”
ClarionDoor’s Insured Rating is a modern rating engine platform, developed from the ground up to operate, perform, and scale exclusively in the cloud. The technology suite provides all the tools and services necessary for rating any line of business, algorithm, or transaction type. Selection by Catlin highlights the company’s continued commitment to helping solve rating challenges for U.S. property and casualty (P&C) insurance companies, and is indicative of growing traction for ClarionDoor’s solutions.
“The addition of Catlin provides a flagship customer for ClarionDoor in the excess and surplus lines market,” said Patrick McCall, chief sales officer at ClarionDoor. “The Catlin Group has a worldwide presence and is one of the most respected carriers in the insurance industry. We are proud to have earned their business. We look forward to delivering a production-ready solution for both general liability and commercial property in less than 90 days.”
ClarionDoor, LLC provides rating and quoting solutions for insurance organizations with a specific focus on embracing cloud technologies, industry standards, and a software-as-a-service (SaaS) delivery model. The company was founded by an experienced team of insurance software experts committed to providing modern technology and excellent customer service to the insurance industry. For more information about ClarionDoor or Insured Rating, please contact Patrick McCall at 570.645.5050 or email@example.com, or visit the company’s website at www.clariondoor.com.
Catlin, Inc. is part of Catlin US, a group of specialty insurance and reinsurance operations with a broad risk appetite across many lines of business. Formed in 2006, Catlin US now writes more than $1 billion in gross premiums from offices throughout the United States. Catlin US is part of Catlin Group Limited, a leading specialty insurer and reinsurer with more than 50 offices around the world. For more information about Catlin, please visit the company’s website at www.catlin.com.