October 2008 - iter8 Inc. wishes to congratulate York Fire and Casualty Insurance (York Fire), winner of two awards from Applied Systems and ASCNet, presented at the 2008 TENCon Conference . The two awards - the 2008 Interface Leadership and Innovation Award and the RealTime Adoption Award represent recognition of the priority York Fire places on the independent broker - carrier relationship. York Fire is a long-term client of iter8, and has used iter8 products to position the company for success in the market
The Interface Leadership and Innovation Award is the highest achievement recognized by Applied Systems. The award was conferred based on York Fire's interface achievements during the past year and their ongoing support and promotion of real-time transactions. York Fire is among an elite group of only six carriers who received the Leadership and Innovation Award.
A major goal of York Fire is to deliver Choice and Business Opportunity to brokers. Technology is a key enabler to meet this goal. iter8, a Canadian based software developer, has partnered with York Fire since 2004 and through its suite of software solutions has worked with York Fire to deliver Broker Connectivity and a Broker Portal, known as "Gateway".
A sub-set of current Gateway functionality includes:
- Real Time Personal Automobile and Property Policy, Billing and Claims Inquiry via WARP
- Broker statements
- Personal Lines Automobile New Business and Policy Change
- Personal Lines Property New Business and Policy Change
- CSIO EDI AL3 Download for Personal Lines Automobile and Property
- XML Upload for Personal Lines Automobile and Property via WARP
- XML Upload for Personal Lines Automobile and Property via Compu-Quote
The independent insurance broker is York Fire's sole distribution channel. It represents the company's face to consumers, and is an integral part of the company's growth of well over 400% in the years 2004 - 2007. iter8 insurance software solutions are the technological solution chosen by York Fire to meet their needs for seamless, real-time connectivity. iter8 solutions automate and manage the sales, service and underwriting process. This includes connectivity to Broker Management Systems and a Broker Portal to automate underwriting workflow and third party data integration.
York Fire also received the Real Time Adoption Award from ASCnet. This award is presented to a carrier based on input provided by member Brokers, CSRs and committee members on the actual 'Ease of Doing Business'. This award reflects York Fire's commitment to supporting local user groups and industry standards while striving to implement groundbreaking solutions that truly provide an Ease of Doing Business.
The two awards representation the culmination of extensive effort on behalf of York Fire to provide brokers with unmatched ease-of doing business. iter8 is proud to work with York Fire, and wishes to join many in wishing them a hearty - CONGRATULATIONS!
About iter8
iter8 is a market leader in offering smart insurance solutions to increase competitiveness and profitability. The innovative combination of strategy, rules and workflow helps insurers reach their goals faster. iter8 has a track record of successfully streamlining insurance processes, improving time to market and saving companies money. Founded in 1999, iter8 has implemented proven, functional automated exception-based underwriting, claims management and data management solutions for insurers ranging from leading multinational companies to highly profitable niche firms.
For more information, please visit http://www.iter8.com/ or contact:
David Gallagher, Vice President,
iter8 Incorporated,
dgallagher@iter8.com
or (416) 364-6306 x490