Accelerated Growth Forces Camilion's Move to Larger Facility.TORONTO -- Camilion Solutions, a leading provider of product development solutions and next-generation policy administration systems to the insurance industry, announced that accelerated business growth has necessitated a relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. of their corporate headquarters to a facility twice the size of their previous location. Recently named one of the fastest growing IT companies in Canada in the 2007 edition of the Branham300, the premiere ranking of Canada's tech companies, Camilion is now located in a 21,000 sq. ft. facility at 123 Commerce Valley Drive East, 6th Floor, Markham, Ontario Markham (2006 Population 261,573[0]) is located in York Region, directly north of Toronto, and is part of Toronto's CMA. It is larger than many Canadian cities. Despite its qualifications regarding population, it has not had the title of city conferred upon it by the , Canada, L3T 7W8. Customers and suppliers can reach the company at its toll free telephone number, 1-866-Camilion or at their new number, 905.482.3450. There will be no disruption to business during the move. "We are experiencing a fast-growing acceptance of our innovative solutions in the insurance market," said Ross Orrett, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Camilion. "This move will allow our committed, expert employees to continue to focus on delivering world-class solutions and service to our customers." About Camilion Solutions Inc. With customers who are the world's largest insurers, Camilion Solutions, Inc. is a leading provider of enterprise product development solutions and policy administration systems for insurance. Camilion uses its deep knowledge of the insurance industry to develop software solutions that enable insurers to launch new or modified products more quickly and efficiently than competitors, automate underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. , enable straight-through processing straight-through processing The direct exchange of cash and securities. Straight-through processing is a major objective for cross-border transactions that are generally much more costly to settle compared to domestic transactions. for online sales, and deploy an agile, modern technology platform to better support current and future growth. Camilion is a privately owned corporation founded in 2000 with offices in Toronto and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . |
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