May 23, 2011: University Park, IL – AQS and Insuresoft are pleased to announce the companies have formed a strategic alliance which combines the strengths of both organizations to offer a full suite of integrated solutions for personal and commercial lines carriers.
Both AQS and Insuresoft have long histories of providing value to the P&C industry. Each company will continue to operate independently as well as through this new alliance. The alliance, combined with AQS’ long time partnership with the ISO Rating Service, brings together three high value offerings into a single end-to-end solution and will be known collectively as the AQS Mobius Alliance. The new suite, which is available immediately, includes applications for policy management, billing, claims, document management, agency and consumer web portals, product configuration and analytics.
“Even though the industry is only learning of this alliance today, we have been collaboratively working on this relationship for some time,” said Tony Villa, Insuresoft CEO. “Integrating our solutions and services enables us to deliver a seamless offering to existing and potential clients. Our combined offerings to the market create a comprehensive, integrated, and powerful solution suite.”
A significant differentiator for the alliance is the degree of integration the companies have achieved. The unique alignment of the AQS-Insuresoft partnership penetrates all aspects of the organizations’ products, technology, strategies, services, and contracting. The other key differentiator of the new joint offering is that it becomes the only enterprise solution that provides seamless consumption of ISO content.
“The ability to implement and stay current with ISO products, rates, rules, and forms is a significant challenge for commercial lines insurance companies,” said Karen Furtado, partner for SMA. “A complete end-to-end solution that utilizes the robust ISO offering brings a new level of capability to the industry.”
Existing clients will now have access to additional solutions that are integrated with currently installed products, while new clients will have the option of installing an integrated, end-to-end solution suite or a single component with the ability to easily expand through additional components in the future.
“We evaluated a number of potential partners over the last few years,” said Dave Kerford, AQS CEO. “Insuresoft has complementary solutions, a strong financial record, a highly-satisfied client base, and a long track record of success. Additionally, over the last year, I’ve been impressed by how well the two company cultures have grown and matured together.”
About AQS:
AQS is an industry leader in providing insurance solutions and expertise to the Property and Casualty industry. AQS solutions, which support all lines of business in all 50 states, deliver scalability and interoperability, using web services and .NET architecture to maximize extensibility, optimize integration with other systems, and automate the entire policy lifecycle. Along with its leading solutions, AQS provides extensive integration, consulting, and support services to its clients. For more information about AQS, please contact Bruce Davis at 803-467-3007 or bruce.davis@aqssys.com.
About Insuresoft, Inc.:
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 Tuscaloosa, Alabama. Visit www.insuresoft.com.
Contact: Mike Hernandez
Phone: (866) 299-1314 ext. 35035
Fax: (708) 534-0163
mhernandez@insuresoft.com
Monday, May 23, 2011
Thursday, May 12, 2011
Insuresoft Partners with Marias Technology for Business Process Outsourcing Services
May 12, 2011: University Park, IL – Insuresoft, a leading policy administration solution provider for property and casualty insurance carriers, announced today the formation of a partnership agreement with Marias Technology of Piqua, Ohio. This partnership will bring cost-effective business process outsourcing and business continuity services to small to mid-sized property and casualty insurance carriers.
At the center of this technology solution will be The Diamond System, Insuresoft’s award winning policy administration system. The Diamond System is a fully automated and integrated policy administration system for both personal and commercial lines insurance carriers. The Diamond System can be implemented as a component based or enterprise solution for policy, billing and claims processing. Built on the Microsoft .NET platform, it has a services-oriented architecture that enables web-based access for agents, consumers and other insurance carrier partners.
In addition to providing business process outsourcing and continuity services to carriers through this partnership, Marias Technology also provides technology services in the areas of computer system migration, process improvements, computer system testing, and insurance technology consulting.
The Insuresoft - Marias Technology partnership may be new to the industry but the founders of Marias Technology and Insuresoft have been partners for a long time. Buckeye Insurance Group, who formed Marias Technology in 2008, has been an Insuresoft customer since 1999.
“Buckeye has truly been a great partner through the years and has consistently leveraged the functionality in Diamond to bring operational efficiencies to the policy administration lifecycle,” stated Tony Villa, President and CEO at Insuresoft, “So choosing to partner with Marias Technology was a very natural and easy decision to make for Insuresoft.”
“With our focus at Marias being small to mid-sized insurance companies, our partnership with Insuresoft and The Diamond System is a great fit,” stated R. Christopher Haines, Vice President of Marias Technology and CIO of parent Buckeye Insurance Group. “There is no better illustration of what Diamond can do for a small company than what it has done for Buckeye over the last decade.”
About Marias Technology:
Marias Technology offers insurance technology services to small to mid-sized insurance companies. Services range from system and web hosting, to business process outsourcing solutions, such as print and mail services. Marias also specializes in availability services, providing business continuity consulting, and workplace availability. Marias Technology is a division of Buckeye Insurance Group, with offices in Piqua, Ohio, and a datacenter and availability lab in Covington, Ohio.
About Insuresoft, Inc.:
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 Tuscaloosa, Alabama. Visit www.insuresoft.com.
Contact: Mike Hernandez
Phone: (866) 299-1314 ext. 35035
Fax: (708) 534-0163
mhernandez@insuresoft.com
At the center of this technology solution will be The Diamond System, Insuresoft’s award winning policy administration system. The Diamond System is a fully automated and integrated policy administration system for both personal and commercial lines insurance carriers. The Diamond System can be implemented as a component based or enterprise solution for policy, billing and claims processing. Built on the Microsoft .NET platform, it has a services-oriented architecture that enables web-based access for agents, consumers and other insurance carrier partners.
In addition to providing business process outsourcing and continuity services to carriers through this partnership, Marias Technology also provides technology services in the areas of computer system migration, process improvements, computer system testing, and insurance technology consulting.
The Insuresoft - Marias Technology partnership may be new to the industry but the founders of Marias Technology and Insuresoft have been partners for a long time. Buckeye Insurance Group, who formed Marias Technology in 2008, has been an Insuresoft customer since 1999.
“Buckeye has truly been a great partner through the years and has consistently leveraged the functionality in Diamond to bring operational efficiencies to the policy administration lifecycle,” stated Tony Villa, President and CEO at Insuresoft, “So choosing to partner with Marias Technology was a very natural and easy decision to make for Insuresoft.”
“With our focus at Marias being small to mid-sized insurance companies, our partnership with Insuresoft and The Diamond System is a great fit,” stated R. Christopher Haines, Vice President of Marias Technology and CIO of parent Buckeye Insurance Group. “There is no better illustration of what Diamond can do for a small company than what it has done for Buckeye over the last decade.”
About Marias Technology:
Marias Technology offers insurance technology services to small to mid-sized insurance companies. Services range from system and web hosting, to business process outsourcing solutions, such as print and mail services. Marias also specializes in availability services, providing business continuity consulting, and workplace availability. Marias Technology is a division of Buckeye Insurance Group, with offices in Piqua, Ohio, and a datacenter and availability lab in Covington, Ohio.
About Insuresoft, Inc.:
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 Tuscaloosa, Alabama. Visit www.insuresoft.com.
Contact: Mike Hernandez
Phone: (866) 299-1314 ext. 35035
Fax: (708) 534-0163
mhernandez@insuresoft.com
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