Integrated Solutions for the Insurance Business From Web Financial Solutions

XML Integration technologies for better business

March 31, 2006, Toronto ON – Web Financial Solutions is pleased to announce a software integration service for Property and Casualty Companies. The solution is based on CSIO XML
Standards and allows legacy backend systems to be integrated together using more productive and
current XML technologies. These integrated systems use CSIO XML standards to connect to
business partners including Broker Management Systems that support the CSIO XML standard.

‘Our goal is to bring the same technologies and processes that are deployed by the banks to the insurance business. By reducing the re-keying of data and allowing policies to be written and changed with lower human intervention we can free staff from these tasks which results in a lower transaction cost.’ says John Munro, VP Sales.

What makes the solutions unique is the combined use of industry off the shelf tools and best practices. WFS has composed the solution with open systems and products to ensure support is easily obtained and the solution can grow as the company’s business grows.

Web Financial Solutions (WFS) is a Canadian owned and operated company that helps insurance and financial services companies become stronger through the development of technology-based business solutions. One of WFS’ specialties is creating Policy Change Systems that are accurate, scalable, cost-effective, efficient and easy to use. WFS utilizes customer-tailored versions of the Rational Unified Process to create Enterprise J2EE and WebSphere solutions. For more information, visit