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Diamond Policy

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Overview

Improve underwriting and policy processes with comprehensive out-of-the-box functionality, flexible self-configuration, third-party integration tools, and flexible workflows. The Diamond System has been continuously in production for more than 25 years on a technology platform that allows for software and operating system upgrades as part of each product release. There’s no risk of finding yourself operating on outdated technology.

Diamond’s configuration toolkit, Composer, enables the translation of business rules into product development allowing clients to configure quickly and efficiently. Utilizing Composer, clients or Insuresoft can quickly configure workflows, business and underwriting rules, UI changes, rates, and forms allowing faster speed to market for additional states or new lines of business.

With a robust API library, 110+ pre-built integrations, and automated rule processing, clients can improve efficiencies allowing underwriters to be more productive and target ideal profitable business.

Key Features

  • Improve operational efficiencies and streamline processes with Diamond's policy administration system
  • Reduce manual processes by increasing automation through pre-built integrations, automated workflows, and a robust API library
  • Attract, maintain, and develop your team with a best-in-class platform, designed for their success
  • Provide excellent customer care through real-time self-service capabilities available to agents, policyholders, or other parties
  • Process personal, commercial, farm, and workers compensation on a single platform
  • Proven quick configuration/deployment for insurtechs and start-ups
  • 100% Implementation Success Rate since inception, i.e. all new clients that have signed have moved to production
  • Standalone modules or wholistic suite including policy, rating, billing, claims, print, and data analytics/reporting
  • Hosted or on-premise deployment options

Key Benefits

With 25 years of cultivating Diamond Policy, our robust system allows you to:

  • Process personal, commercial, farm, and workers compensation on a single platform
  • Self-configuration toolkit giving control to clients to:
    • Adapt to any user-specific configuration
    • Increase speed to market
    • Define workflows, validations, and rules with an intuitive rule’s engine
  • Out of the box agency and consumer portals improving the satisfaction of agents and policyholders
  • 110+ pre-built integrations allowing for faster implementations at reduced cost
  • Combine Diamond data and other enterprise system data into a common Data Hub
  • Implementation risk mitigation, no subscription fees until production and fixed fee implementation options
  • Pre-defined renewal conversion processes simplifying data conversion
  • Support and improve the entire policy life cycle
  • Fully integrated suite available
  • Automate out-of-sequence endorsement processing in one transaction
  • Lower total cost of ownership