December 30, 2010 – University Park, IL – Insuresoft, a leading provider of insurance software, announced today that Elk Grove Village, Illinois based Kingsway America, Inc. has signed an agreement to implement The Diamond System for their policy administration system for their non-standard auto line of business in Illinois and Indiana.
“When we compared all of the policy administration systems available on the market today, The Diamond System stood out as the premiere modern insurance software solution that provided fully integrated policy, billing and claims,” stated Roger Beck, COO at Kingsway America, “Additionally, the Diamond Data Warehouse will also provide Kingsway with a powerful business intelligence (BI) tool that will immediately improve our competitive efforts going forward.”
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.
“Kingsway was a pleasure to work with during the evaluation and statement of work phases,” states Tom Westhoff, National Sales Manager at Insuresoft, “They know exactly where they want to grow their business and have committed to improving their policy processing automation as the vehicle that will help get them there.”
About The Kingsway America, Inc.:
The Kingsway America, Inc. group of companies focuses on non-standard automobile insurance in the United States of America. Kingsway’s primary businesses are the insuring of automobile risks for drivers who do not meet the criteria for coverage by standard automobile insurers. The common shares of Kingsway Financial Services Inc. are listed on the Toronto Stock Exchange and the New York Stock Exchange under the trading symbol “KFS”.
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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