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AdminServer Adds Multiple Currencies and Languages to Their Policy Administration Solution.


CHESTER, Pa. -- Additional capabilities ready AdminServer software solution for Global Insurance Market

AdminServer, Inc. today announced the addition and immediate availability of multiple currencies and multiple language support for its policy administration system. The extended capabilities enable AdminServer to approach large international insurance carriers with a policy administration system able to address the needs of today's truly global market.

Unlike other policy administration systems, the AdminServer system offers unlimited capabilities for both currencies and languages. Where other solutions typically offer a one-to-one language or currency conversion, or an ability to toggle To alternate back and forth between two states.

toggle - To change a bit from whatever state it is in to the other state; to change from 1 to 0 or from 0 to 1. This comes from "toggle switches", such as standard light switches, though the word "toggle" actually refers to
 between a limited number of languages, the AdminServer system architecture allows as many languages and currencies as needed as needed prn. See prn order.  to support an insurer's global business needs.

Chris Doggett, AdminServer's 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.  commented, "The new multiple currencies and languages support demonstrates our continuing commitment to add more and more value to our base system. It's the inherent flexibility of the AdminServer system architecture that enables us to easily add breadth and depth of functionality while also allowing our clients to pick and choose which functionality best suits their business model today, as well as in the future."

AdminServer's Jonah Flor, EVP EVP Executive Vice President
EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor
EVP Electronic Voice Phenomenon
EVP Europäische Volkspartei (Germany)
EVP Employee Value Proposition
 Software Development, commented "We are living in a truly global economy and today's business-to-business software solutions need to be able to work the way business works. We believe the systems that are unable to support global business will not have a long shelf life. Needless to say, we're here for the long term and continue to look to the future to anticipate the insurance market's continually evolving and expanding needs."

About AdminServer, Inc.

AdminServer, Inc. is a premier solutions provider for the insurance community. AdminServer has been delivering administrative system solutions, web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. , and consulting since 1998. Today AdminServer specializes in fixed and variable annuities Variable annuities

Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio.
, pensions, immediate annuities immediate annuity

An annuity that is purchased with a lump sum and that begins making payments one period after the purchase. Immediate annuities are most commonly purchased by people who have accumulated a sum of money and are ready for retirement.
, health, and life insurance. Currently AdminServer offers the only annuity, health, and life insurance administration system designed specifically as a web application employing IBM's J2EE (Java 2 Platform, Enterprise Edition) A platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user's machine and the enterprise's databases and legacy information systems.  and Microsoft's .NET strategies and technologies.

To learn more about AdminServer products and services, please call 972.715.2028, e-mail info@adminserver.com, or visit the website at www.AdminServer.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 14, 2004
Words:353
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