Centrus Announces Expanded Technology Responsibilities for CNA.Business Editors/High-Tech Writers BOULDER, Colo.--(BUSINESS WIRE)--June 25, 2003 Centrus Products will be part of a new application that will support thousands of CNA (Certified NetWare Administrator) See Novell certification. brokers for policy rating and binding The Centrus Division of Sagent, a leading provider of enterprise business geographics solutions, today announced that CNA, a leading business insurer, has expanded its use of Centrus AddressBroker, GeoStan, Spatial+ and GDL GDL Graduated Driver (s) License GDL Graduated Driver Licensing GDL Gas Diffusion Layer GDL Graduate Diploma in Law (UK) GdL Gruppo di Lavoro (Italian) as the underlying technology for performing distance determinations of a risk property to the nearest U.S. coastal water feature. These products will be part of a real time application that supports thousands of CNA brokers for policy rating and binding. In the insurance business, it is critical that carriers support their brokers and provide them with fast, consistent and accurate information. By making Centrus products accessible to brokers, they are able to successfully determine the distance to coastal water features and identify flood zones for risks locations thereby improving underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. assessments and enhancing customer service levels. "Our solutions were engineered to quickly, easily and flexibly integrate with real-time applications," said Steve Walden, vice president and general manager of Sagent's Centrus product division. "In addition, our solutions provide with business geographics functionality of its core service and demonstrate how companies can succeed by solving location-critical operational problems." About CNA CNA is the country's fourth largest commercial insurance writer, the 11th largest property and casualty company and the 51st largest life insurance company. CNA insurance products include standard commercial lines, specialty lines, surety An individual who undertakes an obligation to pay a sum of money or to perform some duty or promise for another in the event that person fails to act. surety n. , reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. , marine and other property and casualty coverages; life and accident insurance; group long term care, disability and life insurance; and pension products. CNA services include risk management, information services See Information Systems. , underwriting, risk control, and claims administration. For more information, please visit CNA at www.cna.com. CNA is a registered service mark, trade name and domain name of CNA Financial CNA Financial Corporation (NYSE: CNA) is a financial corporation based in Chicago, Illinois, United States, and noted for its 600 foot tall red headquarters building there. Its principal subsidiary, Continental Casualty Company (CCC) was founded in 1897. Corporation. About Centrus Centrus, a division of Sagent Technology, focuses on providing enterprise solutions for Business Geographics, Data Quality and Real Time Customer Identification and Matching. Centrus solutions are ideal for real-time applications as well as back end processing. Centrus technology is being used by leaders in the Insurance, Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. and Financial industries. For more information about the complete line of Centrus products, visit www.centrus.com. Note to Editors: Sagent, Sagent Solution, and Centrus are trademarks of Sagent Technology Inc. All other trademarks are the property of their respective owners. |
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