New York, NY – ReSource Pro recently announced the launch of WC Complete, a single-partner, end-to-end workers’ compensation (WC) policy lifecycle solution for managing general agents (MGAs), carriers, program administrators, third party administrators (TPAs), and professional employer organizations (PEOs) at any stage of growth.
WC Complete brings ReSource Pro’s proprietary MIS platform, managed services, technology implementation and data migration practice, and a nationwide premium audit and loss control network together under one solution. This offering replaces the patchwork of vendors and systems that most workers’ compensation writers assemble to run a book of business, and it gives clients one accountable relationship across the entire policy lifecycle instead of several they must simultaneously manage.
The problem: every handoff is a risk.
For those writing workers’ compensation programs, each handoff between vendors and systems introduces risk: data-integrity gaps, timeline delays, compliance exposure, reporting penalties, and confusion about where a breakdown occurred when something goes wrong. WC Complete is built to close those gaps by keeping every stage of the policy lifecycle under one roof, and as a result, increase our client’s speed to market.
Eight stages, one partner
WC Complete covers every stage of the workers’ compensation policy lifecycle: System implementation; Product set-up and filings; Underwriting and rating; Data management, migration, and integration; Policy servicing; Billing and accounting; Premium audit and loss control; Regulatory policy operations.
“Workers’ compensation has always meant juggling partners and systems: one for the platform, another for implementation, a third for premium audit,” said Michael Costonis, President, Insurance Solutions, ReSource Pro. “WC Complete puts all of that under one roof, so MGAs and carriers get a single partner accountable for the entire policy lifecycle and can bring a new line to market in weeks instead of months.”
Source: ReSource Pro