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Exigen Insurance Solutions Selected by AAA NCNU for Policy Administration and Billing Management

SAN FRANCISCO, CA -- 11/10/09 -- 
 Exigen Insurance Solutions
(www.exigeninsurance.com), a leading provider of insurance core systems,
today announced that AAA Northern California, Nevada and Utah has sele..
Posted : Tue, 10 Nov 2009 15:47:12 GMT
Author : Exigen Insurance Solutions
Category : Press Release
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SAN FRANCISCO, CA -- 11/10/09 -- Exigen Insurance Solutions (www.exigeninsurance.com), a leading provider of insurance core systems, today announced that AAA Northern California, Nevada and Utah has selected Exigen Insurance Solutions' underwriting, policy administration and billing solutions for auto, homeowners and all other personal lines of business for its operations spanning 18 states. The Exigen Suite applications PolicyCore(TM) and BillingCore(TM) will allow AAA NCNU to rapidly expand and enhance its insurance product offerings and customer service to millions of members from a technology platform that supports long-term business growth.

"The Exigen Insurance team has built a flexible, scalable, high-performance system. We expect that this modern platform will allow us to migrate efficiently from our legacy systems and to enable us to be nimble in a dynamic market," said Paul Gaffney, Executive Vice President, Operations, AAA NCNU. "We have chosen a partner whose interests are aligned with ours and we are looking forward to a degree of partnership and collaboration well above typical software supplier relationships."

Exigen's PolicyCore, recognized as one of the top policy administration solutions for its scope of functionality, with inbuilt integration to BillingCore, is expected to provide AAA NCNU several business benefits, including:

--  An integrated view of customer information and history that improves
    response time and enhances member relationships
--  A highly configurable tool to accelerate product development
--  Automated underwriting capabilities that streamline new business and
    policy servicing processes
--  Business process management of all policy and billing functions that
    reduces process cycle-times and costs
--  Business intelligence via the built-in business activity monitoring
    service which tracks all system activity to provide business performance
    benchmarking, reporting and activity-based costing
    

"AAA NCNU's objective is to provide exceptional service and insurance products that honor the loyalty of our broad membership and meet its diverse needs. To do this we need to improve speed-to-market for product innovation and lower operational costs," said Steve George, Executive Vice President, Products & Services, AAA NCNU. "With Exigen Insurance we have selected a strategic partner that delivers industry-leading functionality and performance, and has a successful track record of rapid implementations. We are impressed with the Exigen Suite's advanced product development and management capability. Equally important, its flexible distribution capabilities enhance ease of doing business for both direct and independent channels."

"We are delighted to welcome AAA NCNU to our growing family of clients. Members put great trust in AAA's products and services. We are grateful for the trust that AAA NCNU has in turn placed in us to deliver solutions that serve those members," said Gwen Spertell, CEO, Exigen Insurance Solutions. "We look forward to working in alignment with the AAA NCNU team on this major initiative to modernize their primary core systems."

About AAA Northern California, Nevada and Utah

AAA Northern California, Nevada and Utah offers a wide array of automotive, travel, insurance, DMV, financial services and consumer discounts to more than 4.2 million members. AAA has been a leader and advocate for the safety and security of all travelers since it was founded more than 100 years ago. AAA NCNU distributes insurance products for the California State Automobile Association Inter-Insurance Bureau.

About Exigen Insurance Solutions

Exigen Insurance Solutions (www.exigeninsurance.com), offers a completely modern, modular suite of end-to-end core solutions that provide measurable value and unparalleled speed to market. The Exigen Suite of configurable solutions for policy administration, claims, billing and distribution management can be implemented individually or together. Their comprehensive insurance functionality, innovative design and embedded capabilities -- including CRM, BPM, document generation, content management, business activity measurement and operational analytics -- enable P&C insurers of all sizes to increase distribution channel productivity while reducing operational expense. Our clients gain a lasting competitive advantage for doing business with customers, agents and brokers with exceptional ease, enjoying rapid time to market for product and process innovation, and reliably managing changes in response to market demands. Exigen Insurance is a privately held company headquartered in San Francisco.

Contact:
Kevin Haydon
Marketing and Communications Manager
+1.845.797.2976


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