Marlborough, Mass. – December 19, 2011 – Blue Cod Technologies, Inc., the leading Managed Insurance Services Provider for the property and casualty (P&C) industry, today announced the availability of an educational white paper titled, “Blue Cod CEA Solutions: Protect Your Business, Your Clients and Your Future.”  The white paper delves into the key challenges of implementing and managing the California Earthquake Authority’s (CEA) new Homeowners Choice product and provides practical guidance on how Participating Insurers (PIs) can improve their CEA processing function.
According to Nyann Dordan, CPCU, AIS, product offerings manager at Blue Cod, and white paper author, the CEA was the answer to a potential economic disaster in California. Dordan continued, “Having worked for a participating insurer prior to joining Blue Cod, I know firsthand how the CEA enabled PIs to continue to write their own homeowners insurance in California without risking their business from the related earthquake exposure. The intent of the Blue Cod white paper is to provide a resource for PIs on future CEA changes as well as share tips learned through our own experiences.”
 
The white paper covers the major challenges presented by the first phase of the 2012 CEA rate change and lessons learned that will enable carriers to effectively meet the implementation requirements of the Homeowners Choice product. The paper identifies potential pitfalls to avoid, and provides practical guidance on the full implementation of the CEA Homeowners Choice product.  Lastly, the paper provides insight into how carriers can either create a viable in-house program or engage professional outsourcing support to effectively and efficiently update and maintain the new CEA product.

As the premier provider of CEA Solutions, the Blue Cod team boasts on average more than 10 years of P&C industry experience and five years experience working with PIs on their California earthquake solutions.  Additionally, Blue Cod currently supports four of the CEA’s 17 PIs. Click here to download a complimentary copy of “Blue Cod CEA Solutions: Protect Your Business, Your Clients and Your Future.” 

Blue Cod CEA Solutions
Blue Cod CEA Solutions provide PIs with a cost-and time-effective alternative by enabling them to delegate the full CEA process to Blue Cod’s team of experienced insurance professionals. This allows customers to remain focused on daily business operations with the confidence that their CEA processing function is precise, compliant, on-time and well-managed. Blue Cod is equipped today to support either project-based or fully managed CEA engagements. Blue Cod can also work with carriers exploring the option of joining the CEA to help them assess, and if necessary, plan and implement an effective in-house or hosted CEA processing system.  

About the California Earthquake Authority
The California Earthquake Authority (CEA) is a publicly managed, largely privately funded organization that provides catastrophic residential earthquake insurance and encourages Californians to reduce their risk of earthquake loss.

About Blue Cod Technologies, Inc.
Blue Cod Technologies, Inc. is the leading provider of managed insurance services for the property and casualty (P&C) industry and addresses the support and technology needs of start-up, SMB and enterprise-class carriers in the Homeowner, Auto, Farmowners, Earthquake and Commercial Package markets. Blue Cod’s team of experienced insurance, technology and implementation specialists deliver high-end insurance services at a lower operational and capital expense than can be achieved through an organization’s internal staff.  Blue Cod offers customers the ability to create customized solutions or take advantage of specialized programs such as CEA Process, FAIR Plan Process, Assigned Risk Auto and Coastal Homeowner that bundle services to address common insurance challenges.

Contact:
Blue Cod Technologies, Inc.                                                                                  
Karen Regan                                                                                                           
508-683-2876