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Castek To Deliver New Claims Product; New Module in Insurance Products Suite Meets Schedules, Commitments.


Business/Technology Editors

SAN FRANCISCO--(BUSINESS WIRE)--June 3, 2002

Castek Software Factory Inc. of Toronto Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing  will meet commitments made to its customers, its investors, and the market by delivering the first release of its Insure Insure can mean:
  • To provide for financial or other mitigation if something goes wrong: see insurance or .
  • Or you may be looking for ensure or inshore.
3 Claims (Insure-superscript 3) product to two prominent U.S. property/casualty insurers on June 30 -- National Grange Mutual and another company that chooses to remain unnamed. The announcement was made today from the IASA IASA IETF Administrative Support Activity
IASA International Association of Software Architects
IASA International Association of Sound and Audiovisual Archives (also seen as IASAA)
IASA International Aviation Safety Assessment
 2002 Educational Conference & Business Show in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation).

The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] 
.

"The delivery of Insure3 Claims is a significant step in the fulfillment ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
 of our promise to deliver a full suite of flexible, configurable core-processing systems for the property/casualty insurance industry," said Yung Wu, Castek's 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. . "The claims-management, claims-processing, and communications functionality of Insure3 Claims -- used in combination with the integrated customer information, product configuration, and policy administration functionality of Insure3 Policy -- cements our leadership position in building advanced enterprise systems for property/casualty insurance."

Looking beyond this first release, Castek will work with these two launch customers on their implementations, while continuing to actively solicit input from the industry that will help guide the next release of Insure3 Claims in 2003.

About Castek

Castek Software Factory Inc. specializes in the creation of strategic business software for P&C insurance. Founded in 1990, Castek is recognized for its advanced, flexible, core-business processing systems. For more information, please visit www.castek.com.
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Comment:Castek To Deliver New Claims Product; New Module in Insurance Products Suite Meets Schedules, Commitments.
Publication:Business Wire
Geographic Code:1CANA
Date:Jun 3, 2002
Words:230
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