NEW REAL-TIME INQUIRY

The Economical Insurance Group (TEIG), a Waterloo, Ontario, P&C insurer, and University Park, Ill.-based Applied Systems Inc., an agency management system technology provider, announced a joint venture offering new real-time transactions aimed at improving broker workflows.

TEIG's solution, Rogo, is designed to deliver an account inquiry function to brokers using Applied Systems' TAM (The Agency Manager). WARP, Applied Systems' real-time technology, will deliver the inquiry function, which will be available early this year. Policy and claims inquiries will be available soon after.

Rogo is part of TEIG's Connex Suite, a family of solutions delivering technology that makes sense to broker workflows. Solutions developed under the Connex Suite are focused on current broker management systems, ensuring a straightforward approach that enhances broker relationships with clients.

E-SIGNATURE PROCESS MANAGEMENT SOLUTION

Silanis Technology Inc., a St. Laurent, Quebec-based provider of electronic signature solutions, released ApproveIt Web Server 3.0, an e-Signature Process Management solution designed to meet the rising complexity of today's financial services business environment.

ApproveIt Web Server 3.0 is designed to manage the entire execution process, facilitating adoption of straight-through processing while supporting the industry's extensive compliance requirements.

Insurers have long depended on signed paper documents and forms to execute contracts and transactions with partners and customers but today face rising costs, legal exposure and compliance risk and loss of business and revenue due to inefficient processes, Silanis says.

(c) 2009 Insurance Networking News and SourceMedia, Inc. All Rights Reserved.

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