FirstBest Webinar on 'Quality Underwriting in a Soft Market' to Feature Insurance Analyst Matt Josefowicz of Novarica; Free Webinar Slated for June 12, 2008

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FirstBest Systems, Inc., developer of advanced Underwriting Management Systems™ (UMS) that enable property and casualty insurance carriers to profit from better underwriting, today announced a free Webinar featuring Matthew Josefowicz, Director, Insurance Practice, Novarica, and a well-known and oft-quoted expert on insurance technology, operations, and e-business issues. "Quality Underwriting in a Soft Market" will discuss how property and casualty insurers can write more business and write better business in a softening market -- with the same resources -- by instilling greater discipline and consistency in underwriting and ensuring best practices.

FirstBest® Systems, Inc., developer of advanced Underwriting Management Systems™ (UMS) that enable property and casualty insurance carriers to profit from better underwriting, today announced a free Webinar featuring Matthew Josefowicz, Director, Insurance Practice, Novarica, and a well-known and oft-quoted expert on insurance technology, operations, and e-business issues.

WHAT: "Quality Underwriting in a Soft Market," a free Webinar from FirstBest Systems, will discuss how property and casualty insurers can write more business and write better business in a softening market - with the same resources - by instilling greater discipline and consistency in underwriting and ensuring best practices.

WHEN: June 12, 2008, 1:00PM Eastern / 10:00AM Pacific. Register here.

WHO: Matt Josefowicz, Director Insurance Practice, Novarica; John Belizaire, CEO, FirstBest; Systems; Julian Pelenur, CTO, FirstBest Systems

WHY: Attendees will learn how a next-generation Underwriting Management System can help achieve both quality and productivity by providing the ability to:

  • Capture and share underwriting knowledge from individual underwriters
  • Apply enterprise-wide best practices and rules
  • Configure to permit quick adjustment of products and rules to meet market and competitive demands
  • Apply risk qualification and appetite rules on the agent's desktop
  • Access a full array of actionable predictive analytics and web information at the underwriter's fingertips
  • Turn around a quick and easy referral process

Featured speaker Matt Josefowicz has presented his research and thought-leadership at numerous industry conferences including ACORD/LOMA and IASA, and is quoted frequently in publications ranging from the Wall Street Journal and The Financial Times to National Underwriter, Best's Review, and Insurance Networking. He has worked directly with dozens of US and international insurer CIOs to advise them on IT strategy and solution selection. Prior to launching the insurance practice at Novarica, he founded the global insurance group at analyst firm Celent and led it for more than six years. His other experience includes hedge fund D. E. Shaw & Co., LP.

For more information or to register, please visit http://www.firstbest.com or click here.

About FirstBest Systems
Founded in 2006, FirstBest® Systems, Inc. delivers advanced Underwriting Management Systems™ (UMS) that enable commercial insurance carriers to profit from better underwriting. The FirstBest UMS™ is a next-generation underwriting solution for commercial-lines carriers that enables them to write more business and write better business. Insurers can scale their underwriting profitably while achieving greater speed and business agility; foster real-time collaboration to make it easy for agents to do business with carriers; promote enhanced underwriting discipline and consistency; and empower management with greater visibility into underwriting processes. For more information, please visit http://www.firstbest.com or call 1.888.863.6095.

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