Stingray System functionality to include real-time property valuation information

BRADENTON, Fla., Dec. 2 /PRNewswire/ -- Maximum Processing today announced a new alliance with e2Value, to integrate its real-time property valuation service into The Stingray System, a fully functional web-based property & casualty insurance administration solution.

"In order to improve the ability for hands-free processing of risks and to facilitate accurate underwriting decisions, carriers require real-time, property valuation information," says Sean Pitcher, President and CEO of Maximum Processing. "The Stingray System has addressed this problem by expanding our integration to include e2Value's real-time property valuation reports into our Web-based administration solution," explains Pitcher.

"Until e2Value, there was no single standardized system to accurately and quickly determine replacement cost values. We are pleased with this alliance to continue expanding our service to additional carriers. Easy data integration is leading us to be the valuation provider of choice," said Todd W. Rissel, chairman and CEO of e2Value, Inc.

"Maximum Processing is committed to improving the functionality of its products so carriers can have the latest features while providing their underwriters and agents with the ability to process business in a more efficient and economical manner," continued Sean Pitcher. "This alliance with e2Value demonstrates our continuing commitment to the users of The Stingray System."

The Stingray System is a policy, billing, claims and reinsurance administration system which provides workflow, imaging, many third party interfaces (e.g. Credit Card, General Ledger, Comparative Raters, CLUE, bureau stat reporting and others) . It comes with consumer and agent portals as well a full point of sale system.

FOR ADDITIONAL INFORMATION:
Michael V. Vaccarello
Vice President, Sales & Marketing
Maximum Processing
610 457-5457
MVaccarello@MaxProcessing.com

About Maximum Processing

Maximum Processing offers Stingray, a modular browser-based, property and casualty solution for Policy (quoting, rating, issuance), Billing, Claims and Reinsurance administration along with statistical bureau, DMV, Imaging, Credit Card, General Ledger, Comparative Raters, CLUE reporting and many other third party interfaces. Maximum Processing is a privately held company headquartered in Bradenton, Florida with offices in Raleigh, North Carolina. For more information call 866-MAX-SOFT, email Info@MaxProcessing.com or visit www.StingraySystem.com

About e2Value

e2Value, Inc. is a full-service application development, insurance consulting and technology provider that offers products to assist with Insurance-to-Value and workflow solutions. The firm offers full-featured, knowledge-based Internet applications that enable consistency and standardization of pricing, processes and procedures for insurance. Founded in 1999 by former insurance executives and based in Stamford, Conn., e2Value is the leading hosted application provider delivering replacement cost valuations over the Web for all residential, commercial, and farm and ranch properties in the United States and Canada. The company provides the best property-based solution for risk management on a Microsoft® platform while easily integrating with digital technologies. This expedites information sharing and decision making among the sales, underwriting and claims functions. For more information, visit www.e2value.com, email sales@e2value.com, or call 888-371-2788.

SOURCE Maximum Processing

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