BCF Technology Announces Wausau Insurance Expansion of New Business Processing Using TRANSIT-WS Platform.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 (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. , integration & aggregation of data, competitive intelligence information, and single sign-on An identification system that lets users log into multiple Web sites on the Internet with one username and password. Single sign-on systems are also used within an enterprise, enabling users to access all authorized resources in the local network using the same username and password. technology solutions for insurance and 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. announced today that Wausau Insurance, a member of Liberty Mutual Group, has implemented the BCF Technology TRANSIT-Web Services (WS) platform for new business processing of Commercial Property and Umbrella. Wausau's addition of Commercial Property and Umbrella includes complete integration of submission data into internal workflow and rating systems data from producers, based on 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. . Producers are provided a real-time response, within their agency management system, when the submission is successfully received by Wausau. Expanding on its previous implementation of Workers Compensation, Commercial Automobile, and General Liability, Keith Braxton, Wausau's vice president for distribution management said "Wausau will continue to expand real-time technology options for our producers. We can now receive all line applications electronically, and feed the data to internal systems. It's a win for our producers as they receive quicker and more accurate quotes from Wausau". Frederick Waite, President and COO (Cell Of Origin) See mobile positioning. of BCF Technology added, "Insurance carriers and agents have been faced with the time consuming and costly task of re-typing new business data from their management system into the insurance carriers' proprietary application. BCF was able to create the ACORD based solution rapidly while leveraging Wausau's existing technology capabilities. We are confident this is the first of many projects to come that will leverage the TRANSIT-WS platform's ability to complete large scale Web Services projects at a fraction of the time and cost it would normally take our clients." 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. |
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