Compliance and Product Development

Skywire Software’s Tracker application helps you achieve quicker time to market with faster and more accurate filing preparation. Tracker fully automates the preparation of rate, rule, form and advertisement filings to each U.S. Department of Insurance. With direct integration to the System for Electronic Rate and Form Filings (SERFF), Tracker automates the preparation and utilizes SERFF for electronic delivery to the Departments of Insurance.

Creating the components of a filing is still a very manual process today. Insurance carriers must create separate and individual cover letters and explanation documents, and complete several filing forms for each state in which they sell, and then send to the states either electronically via SERFF, or in paper. As with any manual process, it is time consuming, costly and inefficient.

Tracker has the ability to automate this process providing all filing forms, in a fillable Word format pre-populated with most of the repetitive data.

Through automation, Tracker saves valuable preparation time allowing analysts to focus on their “real” jobs, negotiating filings with the Departments of Insurance.

Skywire Software’s latest innovation, Launcher, is a Web-based application that assists you in managing the introduction of new or revised products. Launcher allows companies to define their product development process, implement the process across the entire enterprise, instill product collaboration and report on the results.

Traditional product development is done through informal processes involving e-mail, spreadsheets, Word files, document management systems, forms, handwritten edits, telephone calls to colleagues and meetings. In order to bring new products to market faster, you need to track measure and improve these processes.

Launcher is a new approach to addressing these challenges. It provides a single, centralized repository where all involved in the product development process can collaborate on the documents and language. Launcher is a workflow driven application to streamline the process, reduce time to market, and provide accountability and risk management.

By automating the management of the product development process, insurers are able to identify bottlenecks and view the results of product development based on benchmarks and target dates they establish.