Toronto, Canada, March 11, 2002 — InSystems, a leading provider of e-business
solutions for financial services organizations, and AscendantOne, Inc., architects of the
next generation rate/quote, policy and P&C-specific customer relationship management
technology, have announced a marketing alliance. Through this alliance, the companies will
co-sell and provide a more complete, integrated solution for their joint customers.
AscendantOne’s suite of component-based solutions,
modernize rate/quote/issuance and policy administration practices, linking them with
insurance-focused customer relationship management to establish an agile,
market-responsive front office. InSystems Calligo document automation solutions are
designed for organizations that need to create, manage and distribute, highly
personalized, error-free documents in a controlled and distributed environment.
“Successful end-to-end technology solutions are often
the result of creative collaboration among partners. Each partner contributes valuable
functional and technical perspectives, leading to tangible business solutions,” said
Don Chase, Executive Vice President, AscendantOne. “Our strategy is not only to build
value-generating software products, but also to partner with the “best-in-class”
technology and application providers like InSystems to create optimum business solutions for our clients.”
“This alliance contributes to our continued
penetration of the insurance marketplace,” said Sean O’Donovan, General Manager,
Document Automation Products, InSystems. “AscendantOne and InSystems
industry-specific solutions complement each other’s end-to-end capabilities, enabling our
joint customers to dramatically improve their business processes, speed time-to-market
market and enhance their competitive position. This new alliance leverages proven
technologies from both companies, providing a complete solution for P&C insurers.”
About InSystems
Only by using InSystems e-business software can financial
services organizations deliver web-based personalized sales, fulfillment, and service
capabilities across all of their relationships, boosting efficiency, decreasing costs,
improving service and increasing revenues. Founded in 1989 and based in Toronto, Canada,
InSystems www.insystems.com has more than 350 insurance customers in 24 countries,
including over 50 of the largest insurance groups in North America and over 55,000 life
insurance agents and agencies.
About AscendantOne
Headquartered in Nashua, NH, AscendantOne delivers open,
flexible XML-based technology and services that directly transform property & casualty
front office economics, while boosting the marketing and client retention capabilities of
insurance providers. AscendantOne introduces new browser-based paradigms for
rate/quote/issuance, policy and customer management — strengthening the entire
new-business-to-renewals service process in the P&C distribution network. For more information,
please visit www.AscendantOne.com.
