ClaimCard Announces The Addition of TJ Maxx and Marshalls to the ClaimCard Merchant Network.SUNRISE, Fla.--(BUSINESS WIRE)--March 27, 1998-- The ClaimCard, Inc., is pleased to designate des·ig·nate tr.v. des·ig·nat·ed, des·ig·nat·ing, des·ig·nates 1. To indicate or specify; point out. 2. To give a name or title to; characterize. 3. T.J. Maxx T.J. Maxx is a chain of American department stores owned by TJX Companies. It is the largest off-price apparel retailer in the United States offering brand name clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares. and Marshalls, divisions of The TJX Companies The TJX Companies, Incorporated (NYSE: TJX), is the largest international apparel and home fashions off-price department store chain, based in Framingham, Massachusetts, in the United States. (NYSE NYSE See: New York Stock Exchange : TJX) as national, off-price retailers in the ClaimCard merchant network. ClaimCard has assembled a distinguished collection of merchants that offer goods typically found in a home. These merchants have been selected by ClaimCard to participate in a unique program designed to improve claim service after a homeowner claim. An example is when a house fire destroys clothing, furniture, electronics, etc. and forces a family to seek temporary housing. Insurance companies using ClaimCard technologies can coordinate a hotel room, fairly and accurately value the destroyed property, disburse dis·burse tr.v. dis·bursed, dis·burs·ing, dis·burs·es To pay out, as from a fund; expend. See Synonyms at spend. [Obsolete French desbourser, from Old French desborser claim benefits much quicker than writing a check, eliminate the necessity for a homeowner to go "out of pocket" after the loss, and completes these tasks at a much lower cost than traditional methods. In 1997 homeowner claims exceeded $20 billion and content claims alone exceeded $5 billion in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . As insurance companies implement ClaimCard software and payment systems, bundled with consumer incentives and other initiatives, ClaimCard network merchants are expected to receive an inordinate share of settlement dollars. Larence Park, President and Chief Executive Officer of ClaimCard stated, "TJ Maxx and Marshalls offer a dynamic selection of quality, brand-name fashion apparel and house wares We love "wares" in this industry as noted below. See also warez. abandonware adware annoyware badware beltware betaware bloatware boardware brochureware bridgeware censorware cloudware courseware crapware crimeware crippleware crossware crudware demoware donateware dribbleware at exceptional prices. The consumer-oriented focus and product mix represented by the TJX Companies is a perfect fit in our premier merchant network." The ClaimCard, Inc. is a technology leader in the development of Internet based software applications and innovative payment systems for the insurance industry. ClaimCard's software delivers scalable solutions that enable its customers to improve the management, valuation, and payment of insurance claims. The company pioneered the development of the ClaimCard(sm) MasterCard(R), the first payment system of its kind designed specifically for the unique requirements of the insurance industry. For more information go to http://www.claimcard.com on the Internet. CONTACT: The ClaimCard, Inc. Gary Palmer, 954/851-0700 gpalmer@claimcard.com |
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