CD Rating

LIO Insurance Revolutionizes Commercial Lines with ClarionDoor

Santa Barbara, California — June 29, 2021 — Commercial insurance can be very complex; however, industry newcomer LIO Insurance is changing all of that. LIO is an underwriting company on a mission to make the process of selecting and purchasing specialized insurance policies faster, easier, and more intuitive. Recently, LIO went live with  ClarionDoor, provider of the most intelligent insurance product distribution software.  

Insurers Leverage ClarionDoor Technology to Modernize AAIS Rating

For decades, many insurance organizations have relied on the rates, forms, and rules distributed by The American Association of Insurance Services (AAIS) for the property and casualty (P&C) industry. Although AAIS provides a flexible and cost-effective standard, many insurance companies still struggle to adopt AAIS into their existing rating platforms. It’s not because AAIS is complex, but incumbent rating systems lack flexibility and are too difficult to manage; thus resulting in insurers manually rating those policies. 

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