BCF Technology Announces Partnership with OneBeacon Insurance Group; New Partnership Will Enable the Implementation of Industry-Leading Web Services for New Business Quoting.CHARLOTTE, N.C. -- BCF BCF Billion Cubic Feet BCF Bioconcentration Factor BCF British Chess Federation BCF British Coatings Federation BCF Breast Cancer Fund BCF Bank Credit Facility BCF Bulked Continuous Filament BCF British Cycling Federation BCF Boeing Converted Freighter Technology, Inc., a leading provider of Web Services, integration & aggregation of data, competitive intelligence information, and single sign-on technology solutions for insurance and financial services announced today that OneBeacon Insurance Company, a leading insurer and a member of the OneBeacon Insurance Group OneBeacon Insurance Group offers a range of specialty and segmented commercial and personal insurance products sold primarily through select independent agents. As one of the oldest property and casualty insurers in the United States, OneBeacon traces its roots to 1831 and , has chosen the BCF Technology TRANSIT-Web Services (WS) platform for new business processing. Together, OneBeacon and BCF will implement the TRANSIT-WS platform to enable OneBeacon's insurance agents to process new business submissions and receive real-time quotes from OneBeacon as part of their normal workflow. Frederick Waite, President and COO of BCF commented, "Insurance carriers have been faced with developing multiple solutions in order to address the costly and ongoing maintenance challenge of integrating with external distribution partners. BCF has developed a Service Oriented Architecture (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. ) solution for carrier distribution partners/systems, lowering ongoing cost and the risk associated with disparate system integrations. This partnership adds to the growing list of insurance carriers that leverage the TRANSIT-WS platform's ability to successfully complete large scale Web Services projects." Fred Covely, Chief Executive Officer of BCF Technology added, "We believe the TRANSIT-WS platform will substantially improve the new business workflow in agencies that represent carriers using the BCF set of solutions. We continue to focus on driving down the cost of doing business by use of new and innovative web service and SOA approaches. " About BCF Technology BCF Technology is a leading provider of web services, integration & aggregation of data, competitive intelligence information, and single sign-on technology solutions for the insurance and financial services sectors. For information about BCF's products and services, email fwaite@bcftech.com or visit our web site at www.bcftech.com. About OneBeacon Headquartered in Boston, Massachusetts, OneBeacon Insurance Group offers specialty and segmented personal and commercial insurance products sold primarily through select independent agents. OneBeacon Insurance Group is wholly owned by White Mountains Insurance Group White Mountains Insurance Group is a holding company with business interests in property and casualty insurance, and reinsurance. The group owns the direct marketing insurer Esurance. External links
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