CAMICO Mutual Insurance, the largest CPA-owned mutual insurance company in the United States, sought to facilitate growth in the face of a challenging economic environment. The company turned to Oracle WebCenter Suite and Oracle Business Process Management to expand its custom-built extranet application and automate the previously paper-based application process to improve cost efficiency and increase customer satisfaction.
By expanding its extranet capabilities, CAMICO enabled users to post and publish content faster�increasing the volume and depth of information available to customers and facilitating customer convenience and continued company growth. The automated transaction processing solution provided CAMICO with the ability to fine tune underwriting logic and increased the number of users who can complete transactions online. Within the first six months of implementation, CAMICO received 50% of its new policy submissions via the online channel.
Oracle Insurance provides a complete and modern insurance software solution, from infrastructure to core insurance processing. Supporting more than 2,000 insurers globally and growing, Oracle Insurance offers end-to-end solutions encompassing sales, service, insurance administration, financials, and more. Oracle Insurance enables business transformation by helping you get new products to market faster and improving overall operational efficiencies. More at http://www.oracle.com/industries/insurance.