Mississauga, Ontario Canada, March 22, 2002: Applied
Systems Canada Inc. and Tec4 Systems Inc., the leading vendors of their respective
markets, announce a strategic integration partnership that will enhance commercial policy
management within The Agency Manager® product.
The integration partnership between Applied Systems Canada
Inc. and Tec4 Systems Inc. will allow brokers to transfer data from The Agency Manager�
(TAM) product to underwrite commercial lines of business within the Policy Works�/Broker
Edition product. The integration, engineered by Applied ConneXion, utilizes a real-time
XML transaction to seamlessly transfer data between the two product databases. The level
of information obtained fuses commercial policy data from TAM with the more detailed
commercial lines information in Policy Works.
Brokers who are looking for expanded services in commercial
lines can find the level of information suitable to underwrite and produce commercial
lines policies. With this integration, Applied Systems and Tec4 can provide clients with a
method to connect to a complete commercial lines product to satisfy a broker’s business
needs. Ideally, brokers can work within TAM for most of their business functions and have
the overall reporting of the policy written back to TAM for accounting and reporting.
This integration partnership is the first of its kind using
a true real-time interface to communicate between the two products. Jeff Purdy, President
of Applied Systems Canada Inc., states, “We are pleased to announce a strategic
alliance that will extend a broker’s reach into the commercial market place.” Now
brokers can process new and existing commercial accounts with greater speed and functionality.
Brokers have often looked for expanded commercial line
services from their broker management system and have been unsuccessful. “Tec4 and
Applied Systems are building a greater future for commercial lines business,” states
Kevin Campbell, President of Tec4 Systems Inc. “Applied ConneXion lets us offer
brokers a level of integration previously unattainable, which will streamline their
commercial operations, allow them to grow, and improve their profitability.”
About Tec4 Systems Inc.
Tec4 is the premier provider of commercial policy
management systems for the property and casualty industry. Since 1991, we have helped
brokers and companies reach unprecedented levels of productivity and quality. Policy
Works®, our flagship product, revolutionizes every aspect of handling commercial
policies. Our peerless Insure Works� consulting team combines the talents of insurance
specialists and software developers to create uniquely tailored solutions. Our commitment
to leading edge technologies such as XML, web services and web-enabled applications will
create a seamless interface from the broker’s office to the company and back. Welcome to
the future of commercial policy management.
About Applied Systems Canada Inc.
Applied Systems is a leading provider of automation
solutions for the property and casualty insurance industry. Since 1983, we have been
developing software for independent insurance agents, brokers, managing general agents,
insurance companies and other financial institutions with insurance operations, such as
banks. We have helped over 10,000 clients take their operations to new levels of success
with our leading management system The Agency Manager®. The Diamond System, a policy
processing system for insurance companies, and our success in Electronic Data Interchange
have propelled Applied Systems as the technology frontrunner of the industry. Combined
with our consulting services, rating solutions and third party integration, Applied has
the ability to automate the insurance transaction at every level of the distribution system.