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Friday
September
29, 2006
Article reprinted from Windows in Financial Services
- http://www.windowsfs.com/
"Willis Automates Lifecycle With New Agency Management System"
In 2005, Joe Plumeri, chairman and CEO of the global
insurance brokerage Willis Group, commissioned an
initiative focused on improving Willis’ operational
capabilities in the US retail offices. The goal was to
improve the company’s ability to provide superior client
service while maintaining a keen focus on reduced
operating costs. The existing operating procedures were
varied and cumbersome: document creation was manually
intensive, required multiple handoffs, and required users
to re-key data into multiple systems.
By the end of 2006, those inefficiencies will be gone and
Willis brokers will be generating proposals in minutes
using a single database that enables them to service
clients from anywhere at any time.
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Monday May 22, 2006
Press Release
Nexsure Achieves Straight-Through Agency/Carrier
Business Processing with Microsoft’s Insurance Value
Chain Architecture Framework (IVCAF) v1.0
Brea, CA, May 22, 2006 - XDimensional Technologies Inc.,
the provider of Nexsure®, the Internet insurance agency
management solution, announced today that in
collaboration with Microsoft Corp., INSTEC, and
Insuresoft, a set of straight-through business processes
and transactions between their respective software
applications have been pre-integrated to speed business
for agencies and carriers. This first set of
transactions is focused on commercial auto policy
processing.
The commercial auto policy processing scenario is part
of Microsoft’s recently announced Insurance Value Chain
Architecture Framework (IVCAF) v1.0, which promotes
integration among best-of-breed software applications
through Microsoft .NET web services and industry
standards, such as ACORD. Pre-integrating applications
has the potential to reduce millions of dollars of
post-purchase integration pain on the part of insurance
customers.
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Monday May 22, 2006
Press Release
XDimensional Technologies® Wins ACORD Award For Highest
Annual Percentage Growth In Downloads While Expanding
Regional Carrier Inventory
Brea, CA, May 22, 2006 - XDimensional Technologies Inc.,
the provider of Nexsure® the Internet insurance agency
management solution, announced today it has won the ACORD Vendor of the Year Award for percentage growth in
downloads for the second consecutive year.
Bill Hunt, XDimensional’s Executive Vice President of
Sales and Marketing states, “We’re delighted to receive
this recognition from ACORD once again. This highlights
our continuing progress and commitment to ‘carrier
interface excellence’ and provisioning our customers
with the efficiency, quality, and productivity that
electronic communication standards deliver. Our customer
expansion continues to accelerate and consequently drive
our comprehensive inventory of ACORD downloads.”
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Wednesday
March 29, 2006
Press Release
Nexsure’s Policy Market Analysis Expands Compliance
Control Automation For Agencies
Brea, CA, March 29, 2006 - XDimensional Technologies Inc.,
the provider of Nexsure®, the Internet insurance agency
management solution, announced today that Nexsure version
1.83 includes a new feature-set for the side by side
comparison and analysis of multiple policies. This
feature-set assists agents and customer service
representatives with assessing and choosing the optimum
product solutions for their clients while achieving a
stronger compliance position for their agency or
brokerage.
“In order for an agency or brokerage to fulfill on their
core value proposition and implied contract with the
client,” states Bob Juracka, President of XDimensional
Technologies, “agents must be empowered to find the best
price-to-value combinations within the markets they
represent. Nexsure’s Market Analysis was designed to do
just that through an efficient, structured and documented
approach. This unique approach has the key benefit of
placing an agency in a stronger position with respect to
its regulatory and compliance concerns. In today’s
environment of increasing regulation and a future
portending more, capabilities like Market Analysis
combined with a robust and pervasive security model, are
becoming increasingly important and strategic.”
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Tuesday February 14, 2006
Press Release
Willis Begins Implementation of XDimensional
Technologies Nexsure for US P&C Commercial Retail
Operations
Brea, CA, February 14, 2006 - XDimensional Technologies
Inc., the provider of Nexsure®, the Internet insurance
agency management solution, announced today that Willis,
the global insurance brokerage, has begun the
implementation of Nexsure for its US P&C Commercial Retail
operations.
After a comprehensive analysis of available agency
management solutions, Nexsure was selected for its robust
features and innovative use of current technology that
will enable Willis to continue expanding their world-class
client service strategy from a consolidated policy
management platform. This decision follows a successful
pilot implementation at three of Willis’ largest offices,
which began in August of last year.
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Thursday February 9, 2006
Press Release
XDimensional Technologies Inc. Successfully Completes
Type 1 SAS 70 Audit
Brea, CA, February 9, 2006 - XDimensional Technologies
Inc., the provider of Nexsure®, the Internet insurance
agency management solution is pleased to announce that it
has recently completed a service auditor’s review,
commonly known as a SAS 70 audit, of its general controls
supporting the Nexsure services. The audit was performed
by a nationally recognized independent auditing firm, and
was completed in January, 2006. The general controls that
support these activities were also examined.
SAS 70 is an acronym for the American Institute of
Certified Public Accountants (AICPA) Statement on Auditing
Standard (SAS) No. 70, titled “Reports on the Processing
of Transactions by Service Organizations”. SAS No. 70
defines the professional standards used by a service
auditor to assess the internal controls of a service
organization and issue a service auditor’s report.
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Tuesday January 31, 2006
Press Release
User Collaboration Delivers Exceptional Value At Second
Annual Nexsure User Group Meeting
Brea, CA, January 31, 2006 - XDimensional Technologies
Inc., the provider of Nexsure®, the Internet insurance
agency management solution, announced today that the
recently held Nexsure user group meeting exceeded
expectations in delivering the forum for nationwide
collaboration to its rapidly growing membership at its
second annual meeting. The meeting was held in Brea,
California January 27-28.
Karen Bitzer, President of the Nexsure User Group stated,
“Our second annual meeting represents a key milestone for
us in growth and value. Our membership has grown by nearly
50% over last year. Our users came prepared to participate
with questions and ideas, and feedback from previous
meetings guided our content and delivery. We introduced
user-led break-out sessions around topics such as
Microsoft Office Integration, Sales and Marketing
Opportunities, and Accounting. The benefit of exchanging
ideas with other agencies across the nation and having an
XDimensional product specialist present was immeasurable.
In-fact, the entire meeting from start to end could best
be described as hyper-engaged.”
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