PISCATAWAY, N.J., Sept. 21, 2016 /PRNewswire/ -- ValueMomentum, Inc., a provider of software and services to the insurance, healthcare and financial services industries, today announced that Illinois Casualty Company (ICC), a provider of insurance products and aggressive claims defense exclusively for the food and beverage industry, has licensed ValueMomentum's BizDynamics App2Data Forms Processor module.
App2Data is designed to enable agents to easily submit complete ACORD and proprietary applications along with any supplemental forms and enable insurance carriers to respond with a quote quickly, by eliminating the need to rekey data in ACORD applications. The App2Data solution was particularly attractive to ICC as it focuses on the company's growth, expansion to additional states, the need to improve application submission capabilities, and provide agents Sedwith tools to achieve faster turnaround times for quotes. With a new generation of agents entering the industry, ICC recognized and is responding to the increased demand and higher expectation for technology sophistication and improved efficiencies.
According to Norm Schmeichel, vice president and CIO of Illinois Casualty, "ValueMomentum's App2Data is a high-value and scalable solution at an attractive price point. The implementation of App2Data is key to our effort to achieve our 5-year growth objectives, while we maintain and enhance our competitive advantage in the niche market we serve."
Anticipated benefits from the implementation of ValueMomentum's App2Data include:
- increased flow of submissions by enabling agents to submit complete ACORD and proprietary applications and forms via email;
- automatic extraction of submission data;
- prefill of ICC's quoting portal; and,
- a rapid response to the agents.
"We are very pleased that Illinois Casualty has decided to partner with us to implement App2Data to enhance their application submission and quoting process – making it even easier for agents to do business," said James Carlucci, vice president, insurance at ValueMomentum. "We look forward to working with ICC to strengthen the company's already impressive market position as one of the leading insurance service providers in the food and beverage industry."
ValueMomentum provides software and services to Insurance, Healthcare & Financial Services firms. Customers choose ValueMomentum due to the company's track record of delivering value and driving the momentum of customers' business initiatives. ValueMomentum accomplishes this by applying a time-tested formula of combining strong technology expertise with deep industry experience. For more information visit www.valuemomentum.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/illinois-casualty-company-selects-valuemomentums-app2data-300331447.html
SOURCE ValueMomentum, Inc.