Specialty Lines
Innovate and Pilot Without Compromise
Specialty carriers need the flexibility to test new ideas and scale what works. Launch and refine products across emerging or niche markets without disrupting existing operations.
Where Agility Meets Opportunity
Test new product concepts faster with flexible tools and seamless digital experiences
Use low-code/no code configuration tools to pilot new coverages, adapt rating logic, and policyholder documentation to accelerate go-to-market plans.
Support policyholder and distribution partner expansion with portal experiences that connect to core systems via ISI Connect or quickly build your own with ISI Portal.
Leverage ISI’s specialty insurance expertise to reduce total cost of ownership and bridge Insurtech capability gaps, without impacting business agility.
Precision Risk Management for Niche and Emerging Markets
Enhanced risk selection and control claims costs for high-severity, low frequency exposures
Refine underwriting decisions with tools that transform unique data points into exposure, and risk insights.
Improve claims accuracy and protect profitability with automated validation, prior exposure tracking, and specialized workflows that address complex recoveries and unique triggers common in niche lines.
Streamline reinsurance workflows to support tailored risk transfer, improve recoveries, and optimize cash flow.
Enhance Efficiency for Specialized Workflows
Accelerate intake, streamline approvals, and manage complex risks within a unified system
Use ISI AITM to speed up application intake, and then route tasks and approvals seamlessly across your organization.
Manage complex accounts with configurable policy structures that support layered policies, shared limits, and specialty endorsements within unified workflows.
Automate mid-term adjustments, renewals, and endorsement processing at scale to reduce manual effort, maintain accuracy, and accelerate turnaround times.
Clarity that Drives Actionable Decisions
Empower every function with connected insights to make confident strategic decisions faster
Unify policy, billing, claims, accounting and reinsurance into a single solution, providing a full and real-time view to make faster decisions.
With built-in analytics and real-time dashboards, you gain the insights to identify trends, prepare board reports, and improve operational performance.
Seamless integration with third-party legal spend management, risk scoring and payment processing to accelerate customer responsiveness, proactive cost management and risk pricing.
This core system transformation at Wynward signifies our commitment to continually improve our operations to better serve our brokers and our customers. Insurance Systems’ team and technology are well equipped to help us deliver on that commitment.
Our IT team and ISI really stepped up, successfully migrating our data for a smooth transition while also delivering historical reporting needs. The project also challenged us to reimagine our current operations. ISI’s team again provided extreme value, offering intuitive solutions to meet our needs as a professional liability carrier.
FAQs
How does ISI handle unique or non-standard lines of business?
ISI supports a wide range of unique and non-standard specialty products including cyber, marine, aviation, contractors’ equipment, program business, and E&S or non-admitted workflows. Its flexible rating, underwriting, and documentation capabilities allow insurers and MGAs to configure bespoke coverage structures, eligibility rules, endorsements, and rating models designed for niche markets.
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Does ISI support delegated authority and bordereaux-driven specialty programs?
Yes. ISI supports delegated authority arrangements by enabling the upload, validation, and processing of premium, exposure, and claims bordereaux submitted by MGAs or program partners. ISI Connect validates incoming data against configured rules, flags exceptions for review, and uses accepted data to update policies, billing, accounting, and reinsurance processes.
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How configurable is the platform for specialty rating and underwriting workflows?
ISI offers robust configurability for specialty products, including eligibility logic, layered or schedule-based rating, custom endorsements, form selection, and documentation packages. Underwriting workflows, approvals, and referrals can be tailored to each program or product, enabling carriers and MGAs to manage specialized risks with precision.
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Does ISI support multi-jurisdictional specialty products?
Yes. Territory, regulatory, tax, and document rules can be configured by state, province, or region. Rating and eligibility follow the correct jurisdictional rules automatically.
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Can specialty insurers launch and iterate programs quickly using ISI?
Yes. With ISI’s no-code Configuration module, insurers can rapidly deploy new specialty programs or update existing ones using versioned rules, templates, and reusable components. Changes can be made without custom development, significantly accelerating time-to-market.
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Is reinsurance supported for complex or quota-share programs?
Absolutely. ISI’s integrated Reinsurance module supports quota share, excess-of-loss, facultative, and treaty arrangements typical in specialty portfolios. Recoverables, ceded premium calculations, and multi-layer structures are managed automatically based on configured treaty rules.
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