IBC, GAA & RSP Reporting for PolicyCenter 8.0.5 by Hubio

IBC, GAA & RSP Reporting for PolicyCenter 8.0.5 by Hubio

SKU A-10752
UOM Each


Ready for Guidewire

This accelerator automates the extraction of full policy lifecycle data from PolicyCenter, to complete mandated filings to Canadian regulatory reporting bodies for personal auto lines.
 
The accelerator provides the functionality to secure Guidewire policy data for personal auto lines, in JSON format and then provides the data in staging tables to the Hubio Transformation Service, regul8, through a REST API implementation. From there it is transformed into submission-ready structure. A UI is available in regul8 so IT or Business users can review submissions, and edit/correct as needed. Error tracking is maintained so errors are not repeated in future submissions.  
 
The following reporting formats are supported:

  • Regulator: Insurance Bureau of Canada (IBC)
  • Report: Automobile Statistical Plan (IBC ASP)
  • Regulator: Facility Association (FA) Report: Risk Sharing Pool (RSP)
  • Regulator: Groupement des assureurs automobiles (GAA) Report: Québec Plan Statistique Automobile (GAA PSA)
  • Report: Québec Risk Sharing Pool (QRSP)  Ready for Guidewire
 
The accelerator significantly reduces the development time to send mandated insurance policy information to each governing body, and improve data accuracy and submission quality, while reducing costs.  As it is pre-built it also allows insurers to redeploy your internal resources on other high priority initiatives, as you utilize a proven solution that is Ready for Guidewire.