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Novarica Vendor Solutions Review™ evaluates iter8 Agent Portal Solution

July 2010, iter8 Inc., an insurance solutions software developer, is pleased to announce that Novarica has published a Novarica Vendor Solution Review™ for iter8’s Agent Portal Solution.  The report examines product features and functions, lines of businesses supported, technology, integrations, and much more. The complete report is available for purchase at www.novarica.com

The report reinforces the market leading position of iter8’s portal solution – collabor8. After an extensive review the report concludes, “It (collabor8) is a great fit for carriers that need a proven product and implementation partner to help them succeed.”

Martina Conlon, Principal at Novarica, and lead reviewer of the report stated that “iter8 is a good technology partner with a robust product offered at a very competitive price point. They are respected and valued by their current clients and seem poised to grow their product offering and client base in the future.”

Novarica Vendor Solution Review™ reports are published independently to assist insurers in evaluating technology products. They are not sponsored or commissioned by vendors. To prepare the report, Novarica conducted extensive research, examining the software in a demo format, and in an operating “live” environment. The report writing team also met with several iter8 customers to collect a full and complete understanding of iter8’s connected agent portal.

Agent portals are an essential technology for carriers that utilize an independent agent channel, and are a source of significant market differentiation for carriers. At a time when research shows over 30% of carriers are planning enhancements to their portals, and an additional 30% are planning new portals, this report will be invaluable for this set of insurance carriers.

Glen Piller, President and CEO of iter8 commented, “iter8 is pleased to have Novarica publish such a positive review of the iter8 agent portal. It comes at a very good time in our company history when we have just announced the signing of a major new customer in Optimum General Insurance, and with Providence Mutual Agent Portal recently live using iter8’s products and services.” 

About Novarica

Novarica provides information, insights, and perspective on markets, operations, and technology to insurance executives and project teams.

The company delivers its service through published research, retained advisory services, and project-based consulting. Novarica's research includes market and trend analyses, best practices research, case studies, and independent analyses of software vendors that serve insurers and financial institutions.

Novarica is a division of Novantas LLC, the leading management consultancy and information services provider for the financial services industries.

About iter8

iter8 Inc. is a software solutions provider to the Property and Casualty Insurance Industry, its products designed to increase profitability by solving problems - centered on Agent Portals, Agent Connectivity and Underwriting Operating Excellence - through smart innovation and proven expertise in both the insurance business and in technology, implementation, and service.

A dynamic, creative company, iter8 has a track record of successfully streamlining insurance processes, improving time-to-market, and saving companies money.

For more information, please visit http://www.iter8.com/  or contact:

David Gallagher, Vice President, iter8

dgallagher@iter8.com or               (416) 364 6306         (416) 364 6306 x490

or

Martina Conlon, Principal, Novarica

mconlon@novarica.com