Unirisx Announces Two Additional Policy Administration System Implementations In the US: Armed Forces America and Eternal Care

RADNOR, Pa., May 25 /PRNewswire/ -- Unirisx LLC, the leading global software-as-a-service (SaaS) provider of insurance services announces the "go live" implementation of the Unirisx Policy Administration System (PAS) with two US clients.

Armed Forces Insurance Exchange (AFI) successfully launched Unirisx for their Texas Homeowners lines, which includes the ability to process "out of sequence endorsements".  AFI is a property and casualty insurer for military personnel and Department of Defense employees (www.afi.org).

AFI has been a client of IDP since 2004 and selected the Unirisx Integrated Solution (UIS) as a tool to market all lines of business in all 50 states in which they write.  According to Kurt Seelbach, President of AFI, "I want to congratulate you on your efforts in allowing us to bring up the new system for Texas Homeowners.  A monumental day for us at AFI and we look forward to the future."  

In addition to AFI, Unirisx completed the successful PAS implementation for Eternal Care Insurance Company, based in Harrisburg, PA. Eternal Care (www.eternalcareinsurance.com) is a start-up property and casualty insurer that offers specialty products for the funeral industry.

"Unirisx is just the solution we were looking for to help us launch our products. We are excited to be up and running in our home state of Pennsylvania," said David Wisneski, CEO of Eternal Care.

Dave Hollander, CEO of Unirisx added, "We are pleased to add out of sequence endorsements to our growing list of capabilities. By working with clients such as AFI, Unirisx is able to combine our best-of-breed solutions with their quality products and membership." In November 2009, Unirisx and IDP announced a strategic alliance to private label IDP billing and claims components as part of the Unirisx Integrated Solution.

About Unirisx

Unirisx Integrated Solution (UIS) the leading low cost platform to launch, distribute, manage and process insurance and healthcare products. The web-based, on-demand solution enables insurers, agents, brokers and other users to rapidly launch new products, create broader distribution networks and manage the full policy lifecycle in real time. UIS components for policy, claims and billing deliver full straight through processing, eliminating errors from manual processes and reducing costs. Unirisx delivers premium growth, cost savings of 30-50 percent, improved risk management, and efficient control and management across multiple distribution channels. The fully configurable platform requires no software to install or hardware to buy and can generally be implemented in 60 to 90 days. Unirisx services more than 50 lines of business with 25 currencies in 20 countries. Unirisx is offered by Unirisx LLC, a privately held company based in Radnor, PA, with offices in Hong Kong and Reading, England. For more information, please visit www.unirisx.com.

About Armed Forces Insurance

AFI was founded in 1887 by military leaders with a single mission: to protect the property of those who protect our nation. The company provides premium quality, competitively-priced property and casualty insurance to military professionals throughout the United States and overseas. Headquartered in Leavenworth, Kansas, AFI understands that its subscribers have unique circumstances and insurance needs, enabling the company to offer a level of personalized service that's unequaled in the industry. For more information, please visit www.afi.org or call (800) 495-8234.

SOURCE Unirisx