Buckeye State Mutual Begins Real-Time Policy Processing With the Diamond System From Applied Systems, Inc.Business Editors UNIVERSITY PARK, Ill.--(BUSINESS WIRE)--Feb. 14, 2002 Applied Systems, a leading automation solutions provider for the property and casualty insurance industry, is pleased to announce that Buckeye buckeye: see horse chestnut. buckeye Any of about 13 trees and shrubs of the genus Aesculus (family Hippocastanaceae), native to North America, southeastern Europe, and eastern Asia. State Mutual has implemented and is processing personal automobile insurance in three states on Applied's PC- based policy processing solution, the Diamond System. 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. Chris Haines, Manager of Technical Operations for Buckeye, "We were looking to get back to the business of insurance and out of the business of creating insurance software. Maintaining a legacy mainframe system is a difficult position to be in for a mid-size carrier. We spent a great deal of time fixing the past, instead of looking towards the future. We've been using the Diamond System for about six months and we've already seen an upswing Upswing An upward turn in a security's price after a period of falling prices. in the quality and the quantity of work from our staff. It is nice to have a system that increases Buckeye's potential, not limits it." Michael Kellner, Senior Account Executive, "We're excited that Buckeye is one of our partners. We're confident that by allowing Buckeye to outsource their policy administration development and maintenance, we can help bring further improvements to Buckeye's bottom line. We look forward to assisting Buckeye with the rollout of four additional product offerings this year." About Applied Systems, Inc.: Applied Systems is a leading automation solutions provider for the property and casualty insurance industry. Applied Systems offers a suite of products and services that meet the unique needs of insurance agents, brokers, MGAs, banks and insurance companies 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. . Over 20% of the Property and Casualty insurance written in North America is processed on software from Applied Systems. Applied Systems is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in University Park, Illinois University Park is a village in Will County, Illinois. A very small parcel is in Cook County. University Park has been the home of Governors State University since 1969. The population was 6,662 at the 2000 census, and estimated to be 8,102 as of 2005. , with remote offices in Minnesota, Iowa, Alabama and Toronto, Canada. Applied Systems employs over 1,000 insurance automation specialists. About Buckeye State Mutual: Buckeye State Mutual is a regional property/casualty insurance company, headquartered in Piqua, Ohio Piqua is a city in Miami County, Ohio, United States. The population was 20,738 at the 2000 census. Piqua was one of the cities that experienced severe flooding during the Great Dayton Flood of 1913. . In business since 1879, Buckeye specializes in providing farm, home and auto protection to policyholders in several midwestern states. |
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