Kingsway Selects Insuresoft's Diamond System
According to Insuresoft, the Diamond System is a fully automated and integrated policy administration system for both personal and commercial lines insurance carriers.
The Diamond System can be implemented as a component based or enterprise solution for policy, billing and claims processing. Built on the Microsoft .NET platform, it has a services-oriented architecture that enables web-based access for agents, consumers and other insurance carrier partners.
The Kingsway America group of companies focuses on non-standard automobile insurance in the US. Kingsway’s primary businesses are the insuring of automobile risks for drivers who do not meet the criteria for coverage by standard automobile insurers.
Roger Beck, COO of Kingsway America, said: “When we compared all of the policy administration systems available on the market today, The Diamond System stood out as the premier modern insurance software solution that provided fully integrated policy, billing and claims.
“Additionally, the Diamond Data Warehouse will also provide Kingsway with a powerful business intelligence (BI) tool that will immediately improve our competitive efforts going forward.”
Tom Westhoff, national sales manager at Insuresoft, said: “Kingsway was a pleasure to work with during the evaluation and statement of work phases. They know exactly where they want to grow their business and have committed to improving their policy processing automation as the vehicle that will help get them there.”
Will the selection benefit the firm?
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