November 17, 2003

Press Release


Michigan Association of Insurance Agents Endorses XDimensional Technologies’ Nexsure®

Unprecedented action by major insurance industry voice vaults automated agency management system to national forefront

Brea, CA, November 17, 2003 -- In a move unprecedented by any statewide insurance association in the U.S, the Michigan Association of Insurance Agents has exclusively endorsed the automated insurance agency management solution Nexsure for its agency members.

The Michigan Association of Insurance Agents (MAIA) represents approximately 1,300 agencies and 10,000 industry employees.

In a major announcement made last week at its 16th annual Great Lakes Automation Day (GLAD) at the Kellogg Center in East Lansing, Mich., MAIA Technology Chair Dave Muma endorsed Nexsure to its 1,300 member-agencies. Citing Nexsure’s cutting edge web-based technology that “raises the bar for agency management systems,” Muma described MAIA’s comprehensive 2-year analysis of agency management solutions that culminated in the Technology Committee’s endorsement of Nexsure. He called Nexsure a sound investment in cutting-edge technology for its robust feature set, scalability, superior carrier interface, and wide range of benefits.

Developed by XDimensional Technologies, Inc. of Brea, Cal., Nexsure is a state-of-the-art insurance agency management solution that seamlessly manages the entire customer life cycle from prospecting to policy marketing, customer servicing, billing and general ledger. Able to link insurance agencies regardless of size, from independent agents to global agencies, with insurance carriers through the web, Nexsure has been called the “virtual office of the future” because it can be accessed from any web-enabled PC anywhere, anytime.

Additionally, Nexsure is also the only agency management system that takes full advantage of ACORD standards and the XML data format to allow insured, policy, and agency information to be quickly and accurately exchanged among carriers, clients and agents in real time.

XDimensional Technologies president Robert Juracka demonstrated Nexsure to GLAD attendees in the conference segment entitled “Getting Under the Hood of Today’s Agency Management Systems.” Agency information officers were particularly impressed with Nexsure’s single-solution approach to managing multiple offices and multiple insurance lines. They were also pleased that Nexsure is a fully hosted solution with no hardware or software for the agency to maintain or upgrade.

With expanded technology services to members a key benefit of MAIA membership, MAIA organizes its annual Great Lakes Automation Day to provide its member agencies with information vital to gaining a competitive edge through the efficiencies and cost-savings gained through technology. Last week’s MAIA’s GLAD conference entitled “A Test Drive on the Automation Highway,” featured a panel comparing competitive agency management systems. Muma’s comments announcing the Nexsure endorsement followed.

Muma also announced that as an additional value-added benefit to its agency members, MAIA has secured preferred pricing of the Nexsure system for its member agencies through an exclusive arrangement with XDimensional Technologies, Inc.

Following last week’s GLAD announcement XDimensional Technologies president Robert Juracka commented, “We are enormously gratified for Nexsure to have received this endorsement which is unprecedented by any state insurance association in the country. The mark of approval by a major insurance industry voice such as MAIA solidifies Nexsure’s leadership position in the agency automation market today.”

Juracka also pointed out the MAIA’s announcement is the latest of recent major endorsements by a growing list of highly prestigious insurance carriers, agencies, and organizations nationwide. “XDimensional’s strong commitment to becoming the industry leader in providing state-of-the-art agency management solutions has clearly vaulted Nexsure to the head of the pack.”

Following the GLAD conference, MAIA will continue to promote Nexsure to its member base in newsletters, on-site visits, member events, and telesales activities.

About XDimensional Technologies, Inc.

XDimensional Technologies, Inc. (www.xdti.com) based in Brea, Cal., develops and markets software and other technology solutions, and serves as an applications service provider across the insurance industry, including property and casualty, benefits, life, health and other lines of business. XDimensional Technologies’ Nexsure hosted software solution and professional service offerings are designed to enable more efficient information management and transaction processing among insurance carriers, professional insurance agents, brokers, and policyholders.

About The Michigan Association of Insurance Agents (MAIA)

The Michigan Association of Insurance Agents (MAIA) (www.michagent.org) is the largest association for independent insurance agents in the state of Michigan. The organization represents approximately 1,300 agencies and 10,000 industry employees. MAIA’s mission is to serve the needs of Michigan independent insurance agents and consumers by promoting a healthy and competitive insurance and business environment.

 
Contact Information
Bill Hunt
XDimensional Technologies, Inc.
Phone: 800-789-2567
E-Mail: bill.hunt@xdti.com
 
 
Wayne Joubert
Michigan Association of Insurance Agents (MAIA)
Phone: 517-323-9473
E-Mail: wjoubert@michagent.org
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