Insurance Business Wawanesa develops new online tool for its broker channel

Wawanesa develops new online tool for its broker channel Wawanesa Mutual Insurance announced Tuesday that it has rolled out a powerful new online tool for its brokers to utilize.

Developed jointly by both Wawanesa and IBM, BlueTrack will allow brokers to easily manage and monitor their portfolios online. Users can “access their dashboards to view summaries of their key performance indicators such as commission, written premium, policy count, policy retention and earned loss ratio,” a release said.

The tool was launched earlier this year as a “first phase implementation,” Wawanesa mentioned in a release.

Wawanesa had partnered with IBM to develop the system, using the latter’s Incentive Compensation Management platform.

“Wawanesa is committed to supporting and strengthening the insurance broker channel and BlueTrack is one way of partnering with our brokers for success,” said Wawanesa vice-president of Business Development Graham Haigh. “The creation of BlueTrack is part of Wawanesa’s digital transformation to make working with us even easier, and more focused on the competitiveness of our brokers and needs of our policyholders.”

“In BlueTrack, IBM and Wawanesa have created a solution that streamlines business processes, improves visibility to the sales channel, and allows for greater agility and competitiveness all while maintaining rigorous security and compliance,” said IBM Global Markets client executive Ted Hlynsky.

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