HARTFORD, Conn.--Insurity Inc., a ChoicePoint company, today announced that AEGIS Insurance Services, Inc. has selected Insurity's Commercial Intellisys property/casualty policy processing services and software platform. The company is the managing general agent for AEGIS, a leading insurer of utilities and related energy businesses.
"We needed a flexible technology partner who could provide complete policy management functionality on a proven platform that supports all our lines of business," said Sandee Shivers, AEGIS Services senior vice president and chief information officer.
AEGIS Services will replace its legacy policy systems across all its lines of business. The primary business objectives are to reduce IT-related costs, consolidate systems, improve workflows, free underwriters from paperwork so they can spend more time with policyholders and brokers and ensure consistent "best practices" underwriting, Shivers said.
Besides the Web-based Commercial Intellisys policy management system, AEGIS Services will also implement Insurity's IntelliBank, a state-of-the-art online management-reporting platform. This Internet-based application integrates with any number of databases, providing a range of business information to internal and external users.
"Insurity is excited to have AEGIS Services join our growing list of clients," said Tony Reisz, Insurity senior vice president. "Our system provides complete policy management for ISO and non-ISO lines of business, including the many specialty and non-admitted lines for which AEGIS is known. The Commercial Intellisys system's rich functionality is fully extendable to support any commercial P&C line of business in the country."
Insurity's services portfolio provides Internet-based commercial Property & Casualty policy rating, underwriting, issuance and statistical coding for all lines of business, nationwide - and supports the billing, claims and reinsurance functions for those same lines. A key marketplace differentiator for the firm is a proprietary project management and implementation methodology, which relies on best practices refined from over 125 successful P&C platform installations. Rigorous and detailed identification of workflow requirements, data migration strategies and related services have been fully utilized by the AEGIS Services project managers to great effect.
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