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Tuesday
May 6, 2008
Press Release
Nexsure Integrates Multi-Carrier, Real-Time, Commercial
Lines Quoting Via SeaPass Hub
Brea, CA., May 6, 2008 - XDimensional Technologies Inc.,
the provider of Nexsure®, the Internet
insurance agency management solution, announced today
that it has released integration with SeaPass to speed
the process of multi-carrier quoting, binding, and the
writing of commercial lines of insurance for agents and
brokers using Nexsure. From a single Nexsure submission,
multiple quotes are provided within minutes, allowing
the agent or broker to quickly offer coverage
alternatives and win business.
Bob Juracka, President of XDimensional Technologies
states, “Our integration work with SeaPass, adds yet
another avenue for real-time quoting for Nexsure users.
We’ve implemented a new Nexsure interface and are
delivering a three way win - agents effortlessly fulfill
on their obligation to offer a variety of fitting
insurance choices for their clients, the clients benefit
from the competition, and the carriers benefit by having
the opportunity to quote on the business. Compared to
Nexsure’s existing direct (one-to-one) real-time carrier
quoting, this SEMCI approach provides even greater
efficiency. Of course both approaches offer superior
time savings over the typical method of entering
submissions on the proprietary web-sites of multiple
carriers.”
Mr. Juracka continues, “The SeaPass Hub has elegantly
simplified a once burdensome and finicky process into a
streamlined, practical, and robust utility. By
consolidating common carrier requirements, calling out
carrier unique questions, offering context defaults, and
providing intelligent exception handling, submissions
process quickly and with impressive resiliency. In
addition, the SeaPass Hub functionality is seamlessly
integrated as part of the Nexsure workflow.”
“SeaPass represents a very practical solution to a
ubiquitous business challenge for independent agencies,”
states Mr. Juracka, “such a solution is a natural fit
and compliment to the very rich Nexsure feature set. We
are pleased to be working with them.”
“In today’s soft insurance market and current regulatory
environment, now more than ever, agents must look to
multiple markets and carriers to service their
customers,” said Eric Gewirtzman, CEO of SeaPass. “The
SeaPass Hub enables agents to reach and receive
proposals from multiple appointed carriers in real time
with exceptional ease. This capability is now part of
the Nexsure workflow. We look forward to expanding our
relationship and participating in the exciting, growing,
and expanding Nexsure’s client base.”
About SeaPass Solutions
SeaPass Solutions, (www.seapass.com)
founded in 2000, is headquartered in New York City. The
company develops and markets solutions that enable
insurance carriers, agents, brokers and wholesalers to
transmit and receive data in real time. Since 2001,
SeaPass has been implementing IT solutions at national
insurance carriers, regional carriers, banks, large
agencies and brokers.
The SeaPass Hub Solution leverages existing systems to
interact automatically with one another, leading to
reduced costs, better new business and successful
transactions. Go to
www.seapass.com/intro/seapass.html for a quick
overview.
SeaPass is a privately-held company. Its shareholders
include Hyperion, a world-renowned merchant banking fund
specializing in investments in financial
services-related companies and pioneering technologies,
and Platinum Neurone Ventures, a fund backed by global
investors such as Bank of America, the Inter Atlantic
Group and Dolphin Equity Partners, both NY based
investment firms.
About XDimensional Technologies, Inc.
XDimensional® Technologies, Inc. (www.xdimensional.com)
based in Brea, CA., develops and markets Nexsure®, the
Internet insurance agency management solution that
connects agents, carriers, brokers, and policyholders,
driving efficient business production, superior customer
service, and insightful business management. Nexsure
offers robust contact management, sales force automation,
advanced work flow, standard (property and casualty, life
and health, benefits) and custom lines of business, policy
life cycle management, CRM, and multi-office accounting
and reporting. Nexsure is a scalable, web-based, Microsoft®
.NET application with built in web services, data
processing, and transactional capabilities. Nexsure
provides unmatched ease of use, scalability, and
information availability to help insurance agencies
achieve their business goals. XDimensional Corporate
Headquarters are located at 145 S. State College Blvd,
Suite 160, Brea, CA. 92821, tel: 714-672-8960, fax:
714-672-8908.
| Contact
Information |
| Warren Long, VP
Marketing |
| XDimensional
Technologies, Inc. |
| Phone: 800-789-2567 |
| E-Mail:
warren.long@xdti.com |
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