When Matt Reznicek joined American Access Casualty Company (AACC) as pricing manager, the first tasks assigned to
him were to compartmentalize a rating solution to expand the
insurer’s pricing ability and to put together a quoting platform
for a group of AACC agents who didn’t have access or were not
subscribing to comparative raters.
AACC also believed it needed to find a new solution provider because their data warehouse/business intelligence platform
wasn’t a vertical insurance solution. AACC wanted one that was
insurance focused and could integrate with a rating platform to
rate and analyze data from different sources.
Those goals stemmed from different challenges in the
company caused, in part, by the quick growth the company had
achieved since it was formed in 2000. Growth at AACC was in
the double digits every year, according to Reznicek. In 2010, the
company reached $100 million in net written premium and this
year they will be close to $200 million.
“We had a home-
grown platform with a lot
of interconnected code
that wasn’t as efficient as
we wanted to see in terms
of making changes or
additions to the code and
being as reliable as we
needed going forward,”
he says. “Fast growing
companies with home-
grown IT solutions are
going to run into chal-
lenges continuously.”
AACC dealt with
problems caused by the
older solution as they oc-
Outgrowing Legacy Systems
Although considered young in terms of years, AACC needed to find the right
solution to keep up with the company’s growth spurt.
“Our objectives
are to use the
Speedbuilder
platform to turn
around rate
changes quickly
and work on
our speed-to-
market.”
Matt Reznicek, AACC
