Mississauga, ON, and Sooke, BC, Canada (September 30, 2005)–PowerSoft and Applied Systems Canada are pleased to announce the integration of PowerSoft�s PowerQuote ™ rate comparison and sales tool with Applied Systems� agency management systems, The Agency Manager (TAM) and TAMOnline™.
Making use of Applied Systems technology, PowerSoft will develop the long-awaited two-way integration to allow the seamless exchange of client information in either direction between PowerQuote and current versions of TAM and TAMOnline.
�Integration between TAM and PowerQuote is a very exciting development in the Canadian P&C industry,� said PowerSoft President Chris Lang. �This means brokers will truly have choice for their front-end sales and quoting tools. There are significant numbers of brokers out there who have been waiting for this. This is a top priority and we hope to offer TAM/PowerQuote integration as soon as possible.�
�Applied Systems is delighted to offer our customers integration with PowerQuote,� said Greg Purdy, CEO of Applied Systems Canada. �PowerSoft has demonstrated to us the company�s ability to meet the changing needs of our customer base.�
Integration between TAM and PowerQuote will be completed soon and available across Canada.
Incorporated in 1998, PowerSoft has been serving Canadian P&C industry professionals since launching its flagship program, PowerQuote, in 1999. PowerQuote is used by several thousand professionals in approximately 500 insurance offices nationwide. A developer of Canada-specific software solutions, PowerSoft developed EvalWorks, the only home reconstruction cost calculator based on solely Canadian data which is currently licensed in over 1500 offices nationwide. PowerSoft�s newly developed suite of web-based products includes the web-based home evaluator, PowerHouse Web Edition and QuoteCast, an advanced and customizable program allowing consumer quoting from a broker�s website. An innovation leader, PowerSoft is constantly upgrading the capabilities of its software solutions to make selling insurance easier. For information, visit www.power-soft.com
About Applied Systems
Applied Systems is the leading provider of technology solutions for the property and casualty insurance industry. Since 1983, the company has developed solutions for independent insurance agents, brokers, managing general agents, and insurance companies, as well as banks and other financial institutions with insurance operations. Applied Systems has partnered with more than 10,000 insurance organizations to achieve new levels of success using its premier agency management system, The Agency Manager ® (TAM). Applied Systems leads the industry in broker/carrier real-time and batch communication solutions. The company automates insurance transactions at every distribution level from consumer through carrier, also providing technical support and professional services to maximize customers� return on investment. For more information, visit www.appliedsystems.com.