Tuesday, December 9, 2008

Southern Mutual Insurance Company Upgrades to Insurance software: Diamond v5.0 Policy Processing System

December 9, 2008: University Park, IL

Insuresoft, a leading provider of insurance software for the property and casualty insurance industry, announced today that Southern Mutual Insurance Company (SMIC) has successfully installed Insuresoft’s next generation insurance software policy processing system, Diamond v5.0. Additionally SMIC has deployed several of Insuresoft’s value added other policy processing products including Diamond Publisher for print fulfillment and the Diamond Web Portal for inquiry.

SMIC has been a valued insurance software, Diamond user since 1998 and is the first insurance software customer to be in production with Diamond v5.0. Diamond v5.0 is built on the Microsoft .Net 3.5 Framework and leverages WCF for its secure communication infrastructure, visual inheritance for its extendable UI architecture and SQL 2005/2008 for its database backend. Diamond, insurance software enables insurance carriers to manage their entire insurance software policy processing lifecycle, from actuarial modeling to remote point of sale capabilities as well as back-office processing. The first generation of the insurance software was deployed in 1994. Today there are over 200 Diamond modules in production across North America.

According to Kim McClain, Assistant Vice President at Southern Mutual Insurance Company, “Insuresoft’s perpetual license model allowed us to upgrade to the latest and greatest technology without having to pay additional license fees,” McClain continued, “The lower cost of ownership combined with great customer service and minimal disruption to our business made the decision to migrate to Diamond 5.0 an easy one.”

Donna Carr, Business Analyst at Insuresoft noted, “The entire SMIC migration to Diamond 5.0 went very smoothly,” Carr explained. “It is truly rewarding to see a long time customer like SMIC continue to benefit through technology migration.”

About Southern Mutual Insurance Company
Southern Mutual Insurance Company, based in Athens, Georgia, is owned by its policy holders and has been focused on delivering the best insurance products and services since 1847. Southern Mutual offers personal lines insurance through independent agents located throughout the States of Georgia and South Carolina.

About Insuresoft:
Insurance software.Insuresoft is a Microsoft Gold-Certified independent software vendor delivering insurance software to the property and casualty insurance industry. Insuresoft offers a suite of products and services that are configured to meet the unique needs of insurance companies and managing general agents in North America. Insuresoft is a privately-held company headquartered in University Park, Illinois, with offices in Alabama and Minnesota. For additional information,
please visit http://www.insuresoft.com.

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