2008-05-06 23:45:59 -
www.xdti.com - XDimensional Technologies Inc., the provider of Nexsure(R), 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(R) Technologies, Inc. (www.xdimensional.com), based in Brea, CA., develops and markets Nexsure(R), 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-architected, Microsoft(R) .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.
XDimensional Technologies Inc.
Mr. Warren Long, VP Marketing
714-672-8960
warren.long@xdti.com