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