Printer Friendly

INSpire Insurance Solutions Announces Software Sales Contracts.

FORT WORTH, Texas--(BUSINESS WIRE)--Oct. 13, 1997--INSpire Insurance Solutions (Nasdaq:NSPR) announced today agreements to provide the company's software products and systems to five property and casualty insurance firms. The agreements are with:

-- Coregis Insurance Company of Chicago for WPC, Underwriter

Expert System (UES) and Visual Rater (VR).

-- Arbella Protection Insurance Company, Inc. of Quincy, Mass.,

for WPC and VR.

-- Atlantic Mutual Insurance Company of Madison, N.J., for WPC

and UES.

-- Michigan Basic Property Insurance Association of Detroit for

WPC, VR and Policy Set Production (PSP).

WPC is a Windows-based system designed to meet daily information processing demands, including submission tracking, policy and claims administration, and management and bureau reporting. VR allows users to create, build and test the rating components of insurance processing. PSP gives a company the ability to design, maintain and print all documents, bills and forms. UES mirrors the underwriting process, automating rules and guidelines and enhancing review consistency.

"These announcements keep us on target to reach our projected sales figure for software products and services of $25.6 million for 1997. This surge in sales activity confirms our belief that the industry recognizes the urgent need to become Year 2000 compliant, and will turn to outsourcing technology and administrative functions to accomplish that goal," said George Dunham, president, chairman and chief executive officer, INSpire Insurance Solutions.

With headquarters in Fort Worth, Texas, and with offices in Sheboygan, Wis., and Columbia, S.C., INSpire Insurance Solutions provides policy and claims administration solutions to the property and casualty insurance industry, and offers a comprehensive choice of outsourcing services, software and software services. Additional information may be obtained from INSpire's Web site at www.nspr.com, or by calling 817/348-3999.

CONTACT: INSpire Insurance Solutions, Fort Worth

Scott Lewis, 817/348-3650

or

Witherspoon, Fort Worth

Kelli Emmons, 817/335-1373
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Oct 13, 1997
Words:303
Previous Article:Positive Talk Radio Comes to San Francisco on KBPA 1220 AM.
Next Article:Lafarge's LT Rtg on S&P CreditWatch Neg; ST Rtg Afmd.
Topics:


Related Articles
The Principal Financial Group selects Softlab for company-wide application maintenance activities; Maestro II to support improvements in time to...
INSpire Insurance Solutions Adds to Florida Client Base with New Outsourcing Contract With American Superior Management Co.
COGNICASE Announces Several Important Contracts.
INSpire Insurance Solutions Announces New Outsourcing Contract With Kemper Insurance.
FDP Corp. Announces Second Multi-Million Dollar Licensing Agreement in Australia.
INSpire Insurance Solutions Announces Two Software Licensing Agreements for Policy and Claims Administration.
INSpire Insurance Solutions Signs Outsourcing Agreement With Pembroke Managing Agents Inc.
Hancock, MetLife to underwrite federal long-term-care policies. (Life/Health).
Getting down to basics. (Life Insurance).
FINEOS announces release of FINEOS 4.0-TM-enterprise platform for banking and insurance.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters