StoneRiver, a provider of strategic solutions for the insurance industry, announced that Pekin Insurance has chosen its FAB Billing solution, which will manage new and renewal business for key personal lines of business. Pekin said it will move additional personal and commercial lines of business to FAB Billing in the coming months.
“Many factors contributed to the success of this project including good communication and software quality,” says Rod McKimson, VP of IT for Pekin Insurance. “We wanted an advanced billing solution and streamlined procedures that supported the business goal of providing optimal service to our home office staff and agents. We also needed an avenue to provide flexible, quick-to-market solutions for our ever-changing business needs. With the FAB billing implementation, we have met these goals."
The Java-based solution is designed to handle the complexities of premium billing with functions that addresses specific insurance needs. Popular features include electronic funds transfer, agency reconciliation and cash with application management.
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