Allenbrook Releases Phoenix Version 6.1; Update Includes Major Enhancements -- Migration/Installation Available.Business/Technology Editors LOWELL, Mass.--(BUSINESS WIRE)--April 2, 2001 Allenbrook (www.allenbrook.com) has announced the release of Phoenix 6.1, its next generation, 32-bit, policy administration software. Phoenix 6.1 offers improved functionality and includes support for Oracle 8i (8.1.6) and SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. 7.0. Its enhancements and program modifications, developed with the participation of key customers, provide a valuable tool for the evolving challenges of electronic insurance transactions. "The attention we've given to full product testing is an advantage to our customers," says Diane Noble Diane Noble is a fictional character in the long running ITV show The Bill. She is played by the actress Kaye Wragg. Her callsign is '483'. She joined the series in September 2006. of Allenbrook product management. "For the past year-and-a-half, we've gone back to our core product, solicited customer input in our development life-cycle, and completed a lot of testing to solve problems." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Peter Zale, Allenbrook's director of product management, the Agency Accounting/Billing (AAB AAB ABN Amro Bank AAB Association of Applied Biologists (UK) AAB American Association of Bioanalysts AAB Army Air Base AaB Aalborg Boldspilklub (Danish Soccer Club) AAB All-to-All Broadcast ) functionality is "the jewel of the 6.1 release." It allows easy, flexible processing of account current submissions and statement bills; supports coverage, policy-level commissions, and agency-billed installments -- including printing billing statement schedules -- and reduces the time needed for analysis-processing, maintenance, and payment. In addition, AAB combines versatility with vision by providing an architectural foundation for future accounting and billing applications. "In 1999, we demo'd a beta version A pre-shipping release of hardware or software that has gone through alpha test. A beta version of software is supposed to be very close to the final product, but, in practice, it is more a way of getting users to test the software in the first place under real conditions. of this software to our user group," Zale goes on to explain. "Without exaggeration Exaggeration Bunyon, Paul legendary giant, hero of tall tales of the logging camps. [Am. Folklore: The Wonderful Adventures of Paul Bunyon] Jenkins’ ear trivial cause of a great quarrel. [Br. Hist. , we got a standing ovation from the user community when they saw the functionality." The enhanced functionality of Phoenix 6.1 includes: --Deductible Claims Applications, enabling more effective administration and tracking of deductibles, tracking aggregate deductibles in the same manner as aggregate limit erosion, managing claims receivables for administration of self-insured retention and other alternative risk transfer mechanisms, validating claims against coverage and deductible That which may be taken away or subtracted. In taxation, an item that may be subtracted from gross income or adjusted gross income in determining taxable income (e.g., interest expenses, charitable contributions, certain taxes). limits, and verifying deductible limits for losses. --Electronic Fund Transfer (EFT eft: see newt. (Electronic Funds Transfer) The transfer of money from one account to another by computer. See ACH. EFT - electronic funds transfer ), supported by bundling IDS into Phoenix at no extra charge -- providing direct drafting from checking accounts for payment of direct billed policies and improving collections and cash flow. --Phase 3 of Phoenix's Multiple/Flexible year policy processing capabilities, allowing issuance of policies with sub-terms, sub-term endorsements, and sub-term premium allocation; providing support for term-extensions; and enhancing policy administration for complex specialty lines. --The foundation for Web Manager, a separately licensed Allenbrook product. Web Manager extends the current capabilities in Web Manager Policy/Billing Inquiry by providing a browser-based interface for policy, rate, and quote inquiries. Web Manager also distributes inquiry and quoting capability to internal and external users or distribution channels with no local software installation or maintenance required. As it did with its Phoenix 5 series, Allenbrook will make full installation or migration services for the 6.1 release available to new and existing customers. About Allenbrook Allenbrook, Inc. provides enterprise-wide automation and 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" to some of the most successful, creative property & casualty insurers in 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. . Allenbrook endeavors to provide excellent value to its customers, yield an excellent return on investment -- both profit and equity -- offer strategic advantages to its owners and investors, ensure employees with a pleasant and challenging work environment, and provide a system to simplify the processing of insurance. Please contact Todd Coutu or Mark O'Brien for more information on Allenbrook or to arrange interviews with Allenbrook's management team. |
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