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From Resource, August 2004
Copyright by LOMA
Exhibitors
Show New Technology at Forum
Insurance Systems Forum attendees were able to discuss their IT needs with
exhibitors at more than 170 booths, seeing how various solutions could meet
their unique business challenges.
Insurance
companies today face more challenges than ever—globalization, information
transparency, regulatory demands, security, outsourcing and terrorism are just
of few of the pressing technology issues. Finding the systems tools and partners
to make business vision a reality is not always an easy proposition. It takes
dialogue, understanding, and partnership. Even more it takes looking at many
different companies and solutions to make sure you have the best possible fit
for your organization.
At
the ACORD LOMA Insurance Systems Forum in
Las Vegas
,
Nevada
, attendees had the advantage of talking to exhibitors at over 170 booths in the
Forum Exhibit Hall. They were able to see live product demonstrations and
network with exhibitors and other attendees to develop relationships and look
for partnership opportunities. These professionals left the Forum with a better
comprehension of the products and partners that are available to help them meet
their needs in the current climate of uncertainty—understanding which ones
might have solutions that would help ensure future safety and success.
Some
exhibitors took the opportunity provided by the ACORD LOMA Insurance Systems
Forum to unveil new products, introduce partnerships, or make announcements.
Here are some of those announcements, along with highlights of the many products
demonstrated.
InSystems
Announces InSystems Calligo
Enterprise
5.1
InSystems, Markham, ON, a specialist in complex document and compliance
automation for the insurance and financial services organizations announced
InSystems Calligo Enterprise 5.1, a suite of integrated document capabilities
that enable organizations to create, manage and distribute high volume, highly
personalized, complex, error-free documents while streamlining document workflow
and collaboration processes. Using InSystems Calligo Enterprise 5.1,
organizations can control complex and distributed business processes using an
integrated workflow subsystem, promoting business agility by enabling
organizations to respond quickly to changing business conditions and customer
expectations.
InSystems
Calligo Enterprise 5.1 includes a number of enhancements, capabilities and
infrastructure upgrades designed to facilitate enterprise document production.
InSystems
also announced the release of InSystems Tracker 6.1, a compliance automation
software solution that automates and accelerates the product development and
regulatory compliance filing processes. Now featuring the first and only
integration with the API to the National Association of Insurance
Commissioner’s (NAIC) System for Electronic Rate and Form Filings (SERFF),
InSystems Tracker 6.1 enables end-to-end automated electronic regulatory
compliance filing processing—from creation to delivery, accelerating product
development and speeding time to market.
For
more information, visit the InSystems Web site at www.insystems .com.
SOLCORP
and Document Sciences Announce Delivery
of Integrated Solution
SOLCORP,
Toronto
,
ON
, a provider of software solutions to the life insurance and financial
industries and a subsidiary of EDS, together with strategic marketing partner
Document Sciences, announced the delivery of a seamless integration between the
SOLCORP/INGENIUM policy administration system and xPression, Document
Sciences’ universal content processing software. The integration is the result
of a Cooperative Marketing and Technical Agreement signed last year, and allows
SOLCORP clients to use xPression with INGENIUM, enabling real-time, high-volume
delivery of critical insurance documentation.
xPression
integrates with the generic XML print interface in INGENIUM 6.5, bringing back
office information through the mid and front offices, where real-time
communication is critical. Using INGENIUM, insurers can create or customize
document types that are automatically sent via an XML feed to xPression, which
reads the XML feed, applies formatting rules, and then distributes the final
documents—all without modifying source code. This solution provides insurers
with an effective means to increase customer service levels, improve regulatory
compliance of customer-facing documents, reduce manual document processing costs
and accelerate time-to-market.
For
more information, visit the SOLCORP Web site at www.solcorp .com or visit the
Document Sciences Corporation Web site at www. docscience.com.
Central
States Indemnity Chooses Fiserv ID3
Fiserv, Inc.,
Brookfield
,
WI
, announced that Central States Indemnity (CSI) Company of
Omaha
has selected the ID3 life, health and annuity administration system from
Fiserv’s suite of insurance products. CSI decided to integrate ID3 with its
existing Fiserv solutions for annual statement, financial management and
unclaimed property to launch CSI’s newest payment protection product and
implement complete credit card payment processing.
CSI,
a Fiserv client since 1980, also will take advantage of ID3’s
straight-through-processing capabilities, developed using ACORD standards, to
accept application information from its distribution network. This feature
automates the entry of new business information into the ID3 system to save
time, eliminate duplicate data entry and reduce the incidence of errors. The ID3
administrative system will be integrated with document management, and with
financial and regulatory reporting solutions to provide seamless, end-to-end
automation.
“We
selected the ID3 system for its robust functionality, inherent automation
capabilities and reliable platform that are absolutely essential for the
increased activity we are experiencing now and forecast for the future,” said
Bill Bechaz, vice president of information technology at CSI. “Fiserv’s
integration expertise and proven track record of successful implementations were
other primary factors in our decision. We knew we could count on Fiserv to get
us into production quickly and efficiently.”
For
more information, visit the Fiserv Web site at www.fiserv.com.
PilotFish
and CGI Sign Agreement
CGI,
Montreal
,
Quebec
, has signed a Complementary Marketing Agreement with PilotFish Technology,
Wethersfield
,
CT.
Under the terms of the agreement, CGI will be an authorized user of the XMLife
Communications Suite (XCS). The addition of the XCS toolset will enable CGI to
provide the insurance industry with a pre-integrated, ACORD standards based, new
business acquisition solution.
Intuitive
Case Manager is a Web-based new business application designed specifically to
address the issues and complexities of the life insurance industry. Intuitive
Case Manager provides end-to-end support for the new business acquisition life
cycle, including: data capture, workflow, risk assessment, underwriting and
fulfillment. It supports all distribution channels, including: agent laptop,
agent/partner branch office, home office or call center. Intuitive Case Manager
is supplied with an integrated rules engine and a data driven screen panel
generator that makes the solution highly flexible and customizable to meet a
customers specific business needs.
The
PilotFish Technology XMLife Communications Suite is a set of tools and
components that enable the integration of disparate systems using the ACORD
TXLife/XMLife data model as a translation hub. By leveraging XCS, the Internet,
Web Services and ACORD standards to integrate the systems of internal and
external business partners, CGI will help their customers realize the full value
of the Intuitive Case Manager application more quickly than ever before
possible.
For
more information, visit the Pilot-Fish Technology Web site at www.
pilotfishtechnology.com.
AdminServer
Introduces J2EE and .NET Versions of Its Administration System
AdminServer, Inc.,
Chester
,
PA
, announced the availability of the J2EE and .NET versions of its life and
annuity policy administration system—the industry’s first solution available
for both J2EE and .NET. With AdminServer offering the solution on both
platforms, insurers are afforded the option to select the platform technology
that is the best fit for their environment.
For
those existing clients utilizing the original “.NET Framework” COM/DCOM
version they are able to easily upgrade to either of the new environments (J2EE
or .NET) due to the autonomy of the system’s rules-engine from the underlying
technology. With the rules-engine design of the system, an insurer can start
implementation in any of the three available technology environments and easily
migrate to a new platform as their business and technology needs evolve.
With
the addition of the .NET and J2EE based systems, the AdminServer system is now
able to leverage a plethora of technologies, including, Jboss, WebLogic,
WebSphere, Linux. This breadth of technology support demonstrates
AdminServer’s unwavering commitment to offer solutions that fit well into an
insurer’s technology infrastructure, regardless of whether they have adopted
.NET or J2EE based technologies. Furthermore, with AdminServer’s support of
the ACORD standards, all versions of the AdminServer solution utilize the ACORD
compliant XML rules engine.
For
more information, call 972-715-2028, e-mail ricy@AdminServer.com, or visit the
AdminServer Web site at www.AdminServer.com.
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