Anchor General Achieves Straight-Through Processing of New Policies With IBM Enterprise Content Management and Business Process Management

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Anchor General Insurance Agency, Inc. wanted to transform manual Point of Sale, Underwriting and New Business processes using a straight-through processing model to reduce the time required to process applications. The challenge was to apply consistent underwriting guidelines and maintaining compliance with regulatory requirements. Anchor General implemented solutions using IBM FileNet P8 and BPM along with IBM ECM ValueNet Business Partner, ICI Solutions' KwikWork Business Process Framework to adopt a straight-through processing model.