BRIDGE A NEW APPROACH TO INSURANCE POLICY ADMINISTRATION SYSTEMS

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1 BRIDGE A NEW APPROACH TO INSURANCE POLICY ADMINISTRATION SYSTEMS

2 Founded in 1996, Oceanwide has been at the forefront of delivering SaaS insurance software for 17 years. Bridge, the latest offering from Oceanwide, offers a new approach to insurance policy administration systems. Designed from the ground up to be fully configured without custom programming, Bridge empowers insurers, MGAs, and brokers to take creative new ideas to market in weeks, not years. INTRODUCING Oceanwide BRIDGE Insurer / Broker Setup, Control & Monitoring Oceanwide BR Direct Assured Access via Internet Quotes, Policies, & Invoices ACORD XML or Web Forms S Brokers, Agents & Cover Holders Other Distribution Channels

3 Empower your business to take creative new ideas to market in weeks, not years. With Bridge, you can make changes to your products, create portals, even build and launch completely new products almost as quickly as you can dream them up. Here s how Bridge empowers your company to grow: No custom programming or scripting needed from product configuration to portal creation, everything you want to do can be done in Bridge without any custom programming Priced to maximize ROI with multiple pricing options available, we ll help you choose what makes the most sense for your business True SaaS significantly lower overhead compared to on premise or other hosted software models Freedom from professional services fees Spend 70% less on professional services fees IDGE Invoices & Payments Accounting Systems Policy Rules & Rating Booked Policies Back-Office Systems Policy Administration System Data /Document Warehouse ubmissions Credit Card Processors External databases

4 QUICK LOW-COST STARTUP Bridge s On-Demand model gets you up and running within weeks and without any long-term commitment. There are no servers to buy and no IT infrastructure or support needed. Bridge comes complete with easy-to-use tools to help you: create & brand your distribution web portal configure products design application forms set pricing & business rules import your Microsoft Word based policy forms Bridge even lets you upload reference data from Microsoft Excel and offers builtin integration to global ISO and security databases to simplify startup. When you re ready, Bridge lets you review & test your site and then launch it with a click, to a controlled group of users or on a widespread basis to any client with an Internet browser.

5 USER-FRIENDLY DISTRIBUTOR EXPERIENCE With Bridge, your brokers & agents can obtain instant quotes, bind & print policies, process endorsements & renewals, review invoices, and even report & track losses, working intuitively in sync with their existing practices. They can also automatically process their bordereaux spreadsheet reports, validate & confirm coverage and premiums, or interface directly with you using ACORD standards. Bridge gives them a single easy-to-use and consistent interface to your organization across all lines and for all their needs.

6 IMPROVED UNDERWRITING CONTROL Bridge acts as your guardian, protecting against the accidental binding of undesirable risks. It automatically validates all submissions against your underwriting rules, accurately calculating premiums and documenting coverage terms. When more complex submissions require manual attention, Bridge directs them to the right underwriters using automated workflow tools to improve overall efficiency. Finally, Bridge s powerful monitoring tools and ad-hoc reporting & analysis capabilities give you clear and complete visibility into your portfolio and the activities of your distribution network. NO PROGRAMMING OR SCRIPTING, PERIOD Simply put, Bridge is the only platform available that can be implemented and managed without a single line of code, script, or other custom programming written not by us, and not by you. Bridge is purpose-built from the start to be completely configurable including product design, portal creation, rules, rates, and forms. Everything you need can be built in Bridge by IT staff, business users, or a combination of both. No programing means your teams can build and design new products, maintain products, and make changes quicker and easier than any other application - without a dependence on your software vendor or IT backlogs.

7 COMPREHENSIVE IMPLEMENTATION SUPPORT From the moment you start using Bridge, Oceanwide becomes your partner and we commit ourselves to your success. To help you get up and running, our experienced implementation support team offers product configuration assistance and a variety of training services including web conferences, on-site seminars, custom-branded elearning web tools and a 24x7 multi-lingual help desk to serve both you and your distributors.

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