Align360 Supports UCCIB in Selecting New Insurance Processing Solution; Consulting Firm Retained to Assist in Implementation and Provide Further Services.Business Editors RICHMOND, Va.--(BUSINESS WIRE)--Oct. 21, 2003 Align360, an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of Appix, Inc., today announced that it has assisted the United Church of Christ United Church of Christ, American Protestant denomination formed in 1957 by a merger of the General Council of Congregational Christian Churches (see Congregationalism) and the Evangelical and Reformed Church. Insurance Board (UCCIB) in completing the selection of a new insurance processing solution. UCCIB recently launched an initiative to replace its existing insurance processing system with an integrated software Separate software components or applications that have been combined into one package. See integrated software package. solution that has functionality for underwriting, policy issuance and administration, billing, claims, and customer service. A national risk management provider to United Church of Christ and Christian Churches (Disciples of Christ Disciples of Christ: see Christian Church (Disciples of Christ). Disciples of Christ Group of U.S. Protestant churches that originated in the frontier revivals of the early 19th century. ), UCCIB is a property and liability insurance firm created by and for churches. The organization strives to keep a close relationship with its congregations through the use of technology as one tool to enhance its communications. Leveraging their in-depth knowledge of the insurance industry and leading software products, Align360's professionals managed the numerous aspects of UCCIB's system procurement process. This included identifying user and technical requirements at UCCIB, liaising with vendors and soliciting RFPs, organizing product demonstrations, communicating with UCCIB's Board of Directors, and facilitating third party contract negotiations. UCCIB faced several challenges in its quest for Verb 1. quest for - go in search of or hunt for; "pursue a hobby" quest after, go after, pursue look for, search, seek - try to locate or discover, or try to establish the existence of; "The police are searching for clues"; "They are searching for the a new insurance processing system. As a not-for-profit organization, UCCIB was price-sensitive and needed to stay within budget while continuing to provide high-quality service. Further, moving from a legacy application to a fully integrated solution, along with the number of potential systems available, made the selection somewhat daunting daunt tr.v. daunt·ed, daunt·ing, daunts To abate the courage of; discourage. See Synonyms at dismay. [Middle English daunten, from Old French danter, from Latin . With a comprehensive understanding of UCCIB's unique business requirements, Align360 was successful in helping to identify the ideal software application to fulfill their needs. By facilitating the entire process and applying their many years of experience with system selection, Align360 helped UCCIB choose the ideal system from eight possible vendor solutions. The selected system will allow UCCIB to fully integrate all facets of policy processing, as well as accommodate for future growth. The system chosen by UCCIB is scalable, flexible, and has additional options that may be implemented in the future, including an Internet module that will allow agents to quote prospects via the Web. "We realized that procuring a new insurance processing system would be a major undertaking. In order to ensure the selection of the ideal solution, we chose Align360 over other potential consultants to support us throughout the entire process," said Timothy S. White, President & 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. of UCCIB. "By partnering with our organization and focusing on our specific needs, Align360 delivered the professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. we required to make the right decision. We were pleased that the system selection process was managed effectively through their efforts, and we have since contracted Align360 to help implement our new software system, specifically providing project management, line of business development, and testing services. Align360 is also assisting us with the selection of new accounting, imaging, and contact management systems." Michael Mendelson, Vice President of Align360, commented, "Align360 is pleased to have supported UCCIB during its system selection process and to be providing further implementation services. It is imperative in today's challenging economy that when making software decisions, insurers team up with a highly skilled firm that possesses intimate knowledge of the insurance software market in order to ensure their selection will be the best investment of time and budget." "Align360 is proud to have applied our value-added approach to UCCIB's system selection process. We are looking forward to continuing this relationship and to supporting UCCIB with its ongoing technology and business needs," concluded Mendelson. UCCIB will begin implementing its new insurance processing solution this month, with Align360 working to support the installation. UCCIB anticipates that the implementation will be completed in the second quarter of 2004. About UCCIB The United Church of Christ Insurance Board (UCCIB) is a growing and vibrant church insurance program offering property and liability coverages to well over 4,200 United Church of Christ and Christian Church (Disciples of Christ) organizations. UCCIB's covenant to protect its churches means they write all eligible churches nationally, including inner-city churches, unprotected rural churches, historical and mission churches, and churches in other high risk areas or categories. UCCIB is proud of having a program that provides the most comprehensive and exceptional coverages available in the marketplace. In 2002, UCCIB formed the United Church Insurance Company (UCIC UCIC University Circle Interactive, Cleveland (Ohio) UCIC Unlimited Connections International Corporation (Palatine, Illinois) ), a not-for-profit captive insurance Captive insurance companies are limited purpose insurance companies established with the specific objective of financing risks emanating from their parent group or groups, they sometimes also insure risks of the parent company's customers. company subsidiary, designed to take advantage of new opportunities in church insurance. UCCIB's experienced and creative management team strives to take the organization to new horizons. To learn more about UCCIB, visit www.insuranceboard.org About Align360 Align360, an operating unit of Appix, Inc., provides management and technology consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" in the insurance and banking industries. Our consultants have extensive property and casualty insurance experience and understand how technology is best utilized to support business strategies. This industry insight enables Align360 to provide best-in-class services including project management, vendor selection, package implementation, legacy integration, and process re-engineering. Additionally, Align360's banking practice designs and implements best-in-class back office solutions in the areas of credit card processing, consumer lending Consumer lending or consumer loans refers to any type of loan product that is not a mortgage; such as a car, boat, manufactured home, home equity loan, home equity line of credit, signature loan, signature line of credit, recreational vehicle, or Certificate of Deposit loans. and treasury management with particular expertise deploying rules-based transaction engines. Since 1992, Align360 has worked with leading financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. organizations throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and the Caribbean to align their strategy, processes and technology to accelerate business results. Clients include more than 50 leading property and casualty insurers, five of the ten largest US credit card issuers and major money center banks Money center banks Banks that raise most of their funds from the domestic and international money markets , relying less on depositors for funds. . Named by Ernst & Young as a 2002 Entrepreneur of the Year, Align360 is now part of Appix, Inc. Align360 employs professionals in three North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. office locations including Richmond, VA; Atlanta, GA and Columbia, SC. More information about Align360 is available at www.align360.com. About Appix Appix, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Advanced Technology Systems, Inc. (ATS), provides customized technology services and solutions to the financial services industry. Founded in 1994, Appix delivers significant value to clients through a solutions-centered approach to consulting, technology, and IT staffing services. Appix provides fixed income trading solutions through our Financial Services Framework (FSF FSF - Free Software Foundation ), a customizable, extensible, high-performance platform for development of mission-critical financial systems. The FSF enables Appix to provide customized front, middle and back office solutions for financial institutions including banks, broker/dealers, originators, and buy side participants. For more information about Appix Solutions, visit http://www.appix.com. |
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