AgencyPort Announces Significant Customer Acceptance of its New Products.BOSTON -- Company Signs Six New Customers for Recent Release of AgencyPortal(TM) or AgencyConnect(TM) AgencyPort Insurance Services, Inc., a leading provider of Web-based portal and agency interface software to the property and casualty insurance industry, is pleased to announce that six new customers have recently signed agreements with the company to license AgencyPortal(TM) or AgencyConnect(TM) and related professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . Customers include local, regional and national property and casualty insurance companies operating in multiple states and lines of business. Some of the new customers include: Louisiana Louisiana (ləwē'zēăn`ə, l ē'–), state in the S central United States. It is bounded by Mississippi, with the Mississippi R. Workers' Compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. Corporation
AmeriHealth Casualty National Grange Mutual Insurance Company and INAMAR Recreational Marine Insurance. In July, AgencyPort successfully completed the development of Version 3.0 of AgencyPortal Software. Our first Version 3.0 customer implementation was for three lines of business (D&O, Boiler boiler, device for generating steam. It consists of two principal parts: the furnace, which provides heat, usually by burning a fuel, and the boiler proper, a device in which the heat changes water into steam. and Machinery and Watercraft). Another customer is in the process of implementing Version 3.0 for Commercial Auto. New features of AgencyPortal V3.0 include: - Leveraging of the ACORD ACORD Association for Cooperative Operations, Research and Development ACORD Agency for Cooperation and Research in Development ACORD Association de Coopération et de Recherche pour le Développement (French) XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. standard for rapid deployment of multiple lines of business for any transaction type; - A software development kit that enables non-programming staff to develop via XML; - Integration with third party data sources for smarter, real-time 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. ; - Integration with a leading rules and business process management solution for improved business agility. About AgencyPort Insurance Services, Inc. Founded in December of 2000, AgencyPort Insurance Services, Inc is a leading provider of Web-based agency portal and agency interface software for Property and Casualty insurance companies. Our software allows carriers to rapidly deploy a full-featured web system to their agents enabling straight-thru policy processing. Our customers create an easy and useful environment for their agents to conduct business, significantly reduce internal policy processing costs, leverage their existing IT infrastructure, and can easily modify their system as business conditions or product specifications change. |
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