Case Study: Golden Bear Insurance Company achieves faster underwriting and improved productivity with Moody's Analytics Cat Accelerate

Golden Bear Insurance Company - Customer Case Study

Golden Bear Insurance Company, a California-based provider of commercial property and casualty insurance, faced significant data integration challenges. Their underwriting team used a multi-platform system involving Moody’s RMS RiskLink and RiskBrowser alongside the Jetfile management system, which created manual, duplicate work and slowed down processing. To overcome this, they turned to Moody’s RMS for a solution to sync all platforms and automate their underwriting workflows.

Moody’s RMS Consulting Services used its Cat Accelerate framework and the RiskTools API to fully integrate RiskLink with Jetfile, automating the entire modeling workflow. The project was completed in just three months and resulted in the account modeling process operating 65% faster, enabling the team to potentially double its deal throughput. The automation also improved data quality and reduced manual errors, leading Golden Bear to forecast a 30-40% increase in the number of accounts bound.

Golden Bear Insurance Company

Michael Brown

Vice President, Property Department Manager