PCMS to Serve IT Solutions to Palomar Insurance Company

By CIOReview | Wednesday, April 2, 2014
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FREMONT, CA: Palomar Specialty has selected the Atlas hosted platform from PCMS for its insurance business management. The company believes PCMS offers modern and comprehensive IT solutions that can boost its growth. The announcement was made by PCMS.

Atlas will address the needs of Palomar Specialty’s home office, retail producers and brokers by processing and hosting all rating, underwriting, policy administration, billing, claims management and reporting and business intelligence.

With PCMS’ Atlas platform, Palomar Specialty would be able to provide real-time, self-service capabilities to its agents; provide real-time access to qualitative underwriting, management reporting and data analytics; swift launch of new products; foraying into new markets; leverage cloud-enabled IT technology that provides agility and cost benefits.

Being a provider of IT solutions for property and casualty insurance industry, PCMS has developed a product suite that transforms the business with its up-front pricing models, hands-on customer service and latest Microsoft .NET development tools.

Based in California, Palomar Specialty specializes in catastrophe insurance for commercial and personal property. The company has been rated "A-" by A.M. Best Company. "After an extensive search, we selected PCMS because of their modern, all-in-one comprehensive system, upfront and inclusive pricing model and proven track record of successful and quick implementations," said Mac Armstrong, Founder and Chief Executive Officer, Palomar Specialty. Atlas' agile and flexible platform will allow us to be responsive to market needs, especially those of our distribution partners, while providing a platform for growth as we expand."