AMS Contracts to Use IVANS Transformation Station; Agents and Carriers to Exchange Information in Real-Time via AMS Systems.

Business Editors

GREENWICH & WINDSOR, Conn.--(BUSINESS WIRE)--Dec. 4, 2001

AMS Services has entered into an agreement with IVANS, Inc. to use IVANS Transformation Station(TM), a data exchange for real-time transactions, with its customers' strategic agency management systems. With IVANS WebSEMCI(TM) as the collection tool for company edits, coupled with Transformation Station for real-time communications to carriers' back-end policy systems, AMS will be able to offer its customers a complete upload solution -- in both batch and real-time.

Transformation Station offers a single, secure connection point for real-time, immediate and batch mailbox delivery that can be accessed from the public Internet, private network, or Virtual Private Network (VPN). Since its introduction last year, Transformation Station has found wide acceptance among insurers, agents and vendors.

Loren Parsons, CEO, AMS Services, commented on the transaction, "At first blush, we were reluctant to use Transformation Station since part of the technology behind it is licensed to IVANS by our primary competitor, Applied Systems, but on closer examination we determined that our customers and the insurance companies they do business with will benefit significantly from our participation in this solution. It is our sincere hope that our decision will lead to more effective agency/company interface that will benefit both industry constituents and consumers."

"We are pleased that AMS has embraced Transformation Station, making it easy for companies and agencies to exchange information in real-time," said Anna England, vice president, E-Business Solutions, IVANS. "This agreement with AMS allows IVANS Transformation Station to act as a universal electronic commerce infrastructure for the insurance industry."

AMS Services, Inc. provides software and automation services to insurance agents, brokers, carriers, banks, MGAs and other distributors of insurance and financial services. To learn more about AMS products and services, call 800/444-4813 or visit our Web site at www.ams-services.com.

Based in Greenwich, Conn., IVANS (www.ivans.com) is an e-business integrator for the property-casualty and healthcare insurance industries. Established in 1983, IVANS provides e-business solutions and consulting to more than 450 insurance and healthcare companies and related organizations in the United States and Canada. An industry-owned organization, IVANS works to supply the most cost-effective efficient technology solutions to all parties in the insurance distribution system.