Helping P&C Carriers to Combat Soft Market Pressures
Joint Webinar Slated for April 9, 2008
LEXINGTON, MA, April 7, 2008 – FirstBest® Systems, Inc., developer of advanced Underwriting Management Systems™ (UMS) that enable property and casualty insurance carriers to profit from better underwriting, today announced a technology partnership with Connective Technologies, Inc., a leading provider of e-Commerce business solutions for the property and casualty insurance industry .
Recognizing the need for real-time collaboration between agents and underwriters, FirstBest Systems and Connective Technologies have joined forces to ensure seamless uploads from, and downloads to, agency management systems. FirstBest’s UMS provides the necessary automation and collaboration tools—such as email, live-chat, screen sharing, linked notes, and more—to make real-time collaboration possible. The FirstBest Underwriting Management System (UMS) redefines what is possible by bringing agents and underwriters closer together and helping them collaborate in writing more business and better business.
FirstBest Systems recently enhanced its UMS to enable insurance agents to upload submissions automatically from their agency management systems to underwriters without re-keying data. UMS works with popular agency management systems such as those from AMS Services and Applied Systems, Inc. Meanwhile, Connective Technologies’ proven TEAM-UP™ suite of products provides “once-and-done processing” in a data-secure environment for agency downloads.
In the current highly competitive market, carriers that provide FirstBest UMS capabilities and service to their agents and brokers will profit from increased retention, agent loyalty, and higher success ratios.
The two companies will present a Webinar on their joint offerings on April 9, 2008 at 1:00pm Eastern time. For more information or to register, please visit www.firstbest.com or click here.
Dic Marxen, CEO of Connective Technologies, comments, “When I was introduced to FirstBest about a year ago, I knew the FirstBest Underwriting Management System was unlike anything the industry had ever seen. It’s a pleasure to partner with FirstBest to help bring smart automation to the underwriting process and significantly enhance the ease of doing business with collaboration between underwriters and agents.”
“Connective Technologies shares our vision of helping agents and underwriters scale their businesses profitably and achieve true underwriting transformation,” adds John Belizaire, CEO, FirstBest Systems. “Together we are making it possible for carriers to strengthen customer loyalty and intimacy with agents.”
About FirstBest Systems, Inc.
Founded in 2006, FirstBest® Systems, Inc. delivers advanced Underwriting Management Systems™ (UMS) that enable commercial insurance carriers to profit from better underwriting. The FirstBest UMS™ is an insurance software solution that automates the entire underwriting process for P&C carriers, enabling them to write more business and write better business. Insurers can scale their underwriting profitably while achieving greater speed and business agility; foster real-time collaboration to make it easy for agents to do business with carriers; promote enhanced underwriting discipline and consistency; and empower management with greater visibility into underwriting processes. For more information, please visit www.firstbest.com or call 1.888.863.6095.
About Connective Technologies, Inc.
Connective Technologies, Inc. is a leading provider of e-Commerce business solutions for the property and casualty insurance industry, specializing in Internet interface solutions for carriers and their agents. Connective has used its many years of experience with leading agency management systems and traditional batch EDI to pioneer the approach, which has helped it become the leading provider of bridging and Internet-based interface solutions in the industry. Connective provides implementation services for its flagship products, TEAM-UP Upload, Download, and Translation Solutions, as well as Site Development and Web Services. To learn more about Connective products and services, visit our website at www.connectivetech.com.
Press contacts:
Meira Primes
FirstBest Systems
781.863.6005
primes@firstbest.com
Dic Marxen
Connective Technologies
817.377.0815
dmarxen@connectivetech.com