EXIGIS joins Microsoft s Insurance Value Chain program with a focus on the insurance end user30 May 2006
NEW YORK, NEW YORK — EXIGIS, the leading provider of workflow solutions for risk management, today announced that EXIGIS had been selected as a member of the Microsoft Insurance Value Chain (IVC) program. EXIGIS is one of the first members of the IVC to focus primarily on risk managers and the insurance end-user.
The mission of Microsoft and its Insurance Value Chain partners is to alter the way that insurance customers, employees, and operations personnel experience insurance by 1) sourcing third-party applications that are best-of-breed examples of insurance business processing; 2) providing those partners with a framework for integrating their applications based on Web Services and industry standards; and 3) pairing and pre-integrating these applications over time, in an effort to reduce millions of dollars of post-purchase integration pain on the part of insurance customers.
"We started EXIGIS with a conviction to transform the practice of risk management with superior technology, thinking and controls," says Armand Alvarez, President and CEO of EXIGIS. "Since the beginning, our solutions have focused on improving people s experience with insurance. We continue to develop innovative solutions for our clients by using leading Microsoft technologies. We, therefore, are proud to have been selected as a member of Microsoft s Insurance Value Chain."
EXIGIS offers a comprehensive set of secure, web-based services that help its clients streamline processes such as certificate tracking and issuance, exposure data collection, contract review, and contingent liability management. For more information on these and other EXIGIS solutions, please visit http://www.exigis.com/IVC
EXIGIS s two flagship solutions, rm.Certificates® and rm.Exposures®, are on demand web services that are hosted by EXIGIS. rm.Certificates® allows users to request and receive certificates of insurance instantly. Risk managers and brokers consistently praise its flexible approval routing and its "point and click" certificate renewal functionality. rm.Exposures® allows users to easily report risk information to their corporate risk managers. It enhances an organization s Sarbanes Oxley compliance through its rich set of features including documented workflows, complete audit trails, and powerful reporting capabilities.
EXIGIS solutions streamline risk management-related administrative processes, yielding a tangible and significant return on investment to clients.
"Optimizing business processes through innovative technology is one of the central tenets of Microsoft s IVC program. Especially given its proven track record of providing effective service-oriented solutions to risk managers and insurance professionals, EXIGIS therefore strongly complements the growing list of IVC partners," said Kevin Kelly, managing director, Microsoft U.S. insurance industry.
About EXIGIS
Founded in 2002, EXIGIS is the leader in workflow solutions for risk management. EXIGIS is dedicated to designing and marketing powerful and simple-to-use technologies that help companies better manage their business risks. EXIGIS is a privately held firm founded in New York City with operations in San Francisco, California. For more information about EXIGIS, please visit http://www.exigis.com
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Source: prleap
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