As the sun rises on the opening day of IASA 2009 in Orlando, Fla., with it came major announcements surrounding policy administration services vendors.
"This alliance enables us to offer a world-class claims product to our customers and to other P&C insurers," says Dave Kerford, AQS' CEO. "The functionality of .Claim is superior. It provides the cost-effectiveness and convenience of being entirely Web-based. And on the heels of our recent acquisition if AscendantOne (now AQS Access), it positions us to be a comprehensive provider of P&C administration services."
Also for the P&C market,
"We are pleased to offer a product targeted specifically to the small and mid-sized carriers that provides great flexibility and functionality on a sound technical platform,” says Roni Al-Dor, CEO and president of Sapiens International. “With this addition to the Sapiens INSIGHT product family, we are now able to offer policy administration solutions to any size carrier.”
ISI says its new, U.S.-based, client services team will focus on the company’s premiere product, WebWriter Enterprise, a fully-integrated, browser-based P&C policy administration suite that includes all major modules to allow insurance companies to run their businesses effectively. In addition to the core processing modules for policy administration, claims, billing, accounting and reinsurance, WebWriter Enterprise includes various supporting sub-systems such as document/knowledge management, contact management and reporting.
“Our client base continues to grow rapidly, and we understand the importance of having a team on the ground that can offer immediate support,” says David Hanley, VP of operations and business development for ISI. “We plan to ramp up our U.S. staff further with highly skilled insurance professionals who will help grow our presence and serve the needs of all ISI clients.”