TORONTO, ON, October 11, 2007 – Aviva Canada Inc. is pleased to announce that we have entered into an agreement with Policy Works Inc. to exchange commercial-lines data, developing an efficient broker systems integration solution.
�We are very excited about this agreement,� said Linda Regner Dykeman, Senior Vice President, National Commercial Lines. �The data exchange capability between Fastrax and Policy Works will be a huge benefit to our broker partners by eliminating duplication of effort.�
The integration will provide Aviva brokers with the ability to upload Commercial Lines risk and rating detail directly from the Policy Works Commercial Management System into Fastrax, Aviva�s web-based application that enables brokers to quote and bind business online. This solution will enhance the brokers� operational efficiency by eliminating double data entry and improving their customer response times on new business quotes.
�At Aviva, our goal is to ensure that brokers can effectively respond to the evolving business and insurance environment in Canada,� said Bob Fitzgerald, Executive Vice President & COO, Aviva Insurance Company. �The implementation of this data exchange will make it easier for brokers to do business with Aviva and will strengthen our position as the market of choice for small commercial business.�
The integration of Fastrax and Policy Works will be developed using the most current version of the Centre for the Study of Insurance Operations� (CSIO) commercial-lines XML standards.
�At Policy Works, we see the CSIO XML standard as the universal language through which data exchange is spoken,� states Kevin Campbell, President of Policy Works Inc. �We are very excited to welcome Aviva as a member of our Certified Data-Exchange Partner (CDEP) program and look forward to jointly implementing the CSIO standard in this data-exchange initiative.�
The Policy Works CDEP program ensures that commercial data is exchanged between insurers and Policy Works in an accurate, reliable, and secure manner. Policy Works Inc. and all CDEP partners are committed to working with the CSIO standards.
About Aviva Canada Inc.
Aviva Canada Inc. is one of the leading Property and Casualty insurance groups in Canada, providing home, automobile and business insurance and premier claims service to more than 3 million customers. Our group of companies has more than 3,200 employees, 40 locations and more than 3,000 independent broker partners from coast to coast. Aviva Canada Inc. is a wholly owned subsidiary of UK-based Aviva plc, the world�s fifth largest insurance group. For more information, please visit www.avivacanada.com.
About Policy Works Inc.
Since 1992, Policy Works Inc. has been leading the development of Commercial Management Systems (CMS) for the Canadian insurance industry. Policy Works streamlines the commercial-lines workflow to manage the entire policy lifecycle efficiently and effectively. For more information, please visit http://www.policyworks.com/.