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Friday
May 23, 2003
Press Release
UPAC Integrates with XDimensional's Nexsure Agency
Management System
Lenexa, KS, May 23, 2003 -- UPAC Insurance Finance (UPAC®),
innovative providers of financing for commercial insurance
policies, and XDimensional Technologies, Inc. (XDimensional),
developers of the industry’s first 100% web-architected
agency management system, this week at the ACORD annual
conference, demonstrated a web-services interface to
provide real-time two-way exchange of transactions between
trading partners within the insurance value chain. The
exchange of ACORD standard XML messages, which includes
concurrent upload and quoting transactions with multiple
insurance carriers, is facilitated by G.A. Sullivan,
Inc.’s Enterprise Orchestrator for Insurance (EOI)
service.
"Nexsure’s native usage of the ACORD standard XML data
exchange format and the native Microsoft .NET platform
allows for quick and easy integration of our tools," said
Kurt Huffman, UPAC’s President & CEO. "Integration between
Nexsure and UPAC’s premium financing will benefit
insurance agencies and brokers with a seamless exchange of
data that will increase efficiencies and eliminate
errors."
"Our goal is to take the friction out of the premium
financing process through innovation and this agreement
further demonstrates our commitment. XDimensional’s
commitment to leading-edge technology and innovation in
the insurance marketplace make for an exciting partnership
for UPAC to serve the insurance industry," said Huffman.
Bill Hunt, XDimensional’s EVP of Sales and Marketing
added, "Like XDimensional, UPAC is a tools and innovation
leader in enhancing insurance agents and brokers
competitive advantage. Partnering with UPAC demonstrates
XDimensional’s strong commitment to becoming the industry
leader in providing 100% web-based agency management
solutions for the insurance marketplace."
Hunt added, "Our native usage of XML, scalable
architecture and Microsoft’s .NET platform create
capabilities to reduce administrative costs and permit
faster, better communication among insurers and their
insurance agents and brokers, and now with premium
financiers who hold our same vision of the future.
About UPAC
Founded in 1954, UPAC (www.upac.com)
is one of the nation's top ten insurance premium finance
companies. UPAC offers Old-Fashioned Service with
Leading-Edge Technology™ . Commercial insurance
premiums for policyholders are financed through a network
of insurance agencies across the country. UPAC's secure
Web site enables insurance agencies to manage their
premium finance accounts and arrange premium financing
through easy-to-use e-commerce features. (A company
interested in financing insurance premiums should contact
an independent insurance agency about seeking UPAC
financing to establish a convenient payment plan for
insurance policies.) UPAC, based in suburban Kansas City,
maintains offices in Atlanta, Boston, Chicago, Detroit,
Fort Lauderdale, Houston, Kansas City, Los Angeles,
Minneapolis, New York, and St. Louis.
About XDimensional Technologies, Inc.
XDimensional® Technologies, Inc. (www.xdti.com),
based in Brea, CA, 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, related service providers and policyholders.
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