Madison Mutual Selects ISCS's SurePower Innovation to Streamline and Modernize Policy and Claims Processes
San Jose, CA and Edwardsville, IL - June 29, 2010 - ISCS is pleased to announce Madison Mutual Insurance
Company (Madison Mutual) recently selected ISCS's SurePower Innovation® Policy Administration
Suite to streamline and modernize the company's policy and claims
processes. Madison Mutual also looks to gain efficiencies
through rule-based approvals possible through SurePower Innovation.
"Madison Mutual chose ISCS based on the
rules-and-tools flexibility that SurePower provides," said Ken Somogyi,
director of IT for Madison Mutual. "We also found that ISCS will bring
excellent industry knowledge and best practices to the table, which will help
us meet our goals of transforming our business processes during the change from
our legacy system. The technology SurePower is built on will also allow us to
scale the system as we achieve the business growth we have targeted."
Speed-to-market for new products and offerings is
another strategic advantage Madison Mutual is looking forward to upon the
completion of the SurePower Innovation implementation. "Having a rules-based system will allow us to
make changes faster than today, thus reducing overall time and cost," said
Somogyi. In SurePower Innovation, business logic is configured fully at the
product level, with no hard-coding required.
Madison Mutual will be the first ISCS client to
implement the latest version of SurePower Innovation, which features a completely
redesigned user interface. The new user
interface has quickly gained praise and acceptance from industry analysts, and the
enhanced usability and user acceptance were key factors in Madison Mutual's
selection of SurePower Innovation for this technology initiative. During the
implementation, ISCS will utilize its field-proven agile development methods,
including defined sprints and continual acceptance testing, to control project
scope and ensure the highest business value result in the final system.
"The entire ISCS team is excited to begin working
with Madison Mutual," said Andy Scurto, ISCS president and CTO. "We are always
working to improve and enhance not only the functionality of SurePower
Innovation, but the user experience as well, and I know Madison Mutual
appreciates and will benefit from our efforts going forward."
P&C carriers and MGAs rely on the modular, Web
and SOA-based SurePower Innovation Policy Administration Suite to perform critical business processes for commercial, personal and
specialty lines of business. These include automated
underwriting, policy and claims management, integrated
reinsurance, integrated billing and much more. The system provides
integrated document management, a rules-based data warehouse, and document
imaging client tool for bulk indexing and LDAP-standards security. With modern
highly scalable, extensible, and configurable technology, SurePower Innovation
enables insurers of all sizes to meet today's market requirement for business
agility. SurePower Innovation Policy Administration Suite is a company-wide,
strategic choice for carriers to both retain customers and increase their book
of business. For more information contact Phil Kiekhaefer, Ph.D., Director of
Marketing & Usability for ISCS, at 1-888-901-ISCS, email@example.com, or visit www.iscs.com
About Madison Mutual Insurance Company (Madison Mutual)
Madison Mutual Insurance Company was founded in
1920 as the Madison County Mutual Automobile Insurance Company. From 1920 until
1982 they wrote Auto insurance exclusively in Madison County in Southern
Illinois. In 1983 Madison Mutual expanded into Home, Farm and Personal Umbrella
lines and began to expand throughout the rest of the state. Madison Mutual
distributes its products exclusively through Independent Agents. They currently
have over 160 agencies representing them with more than 400 licensed producers.
Madison Mutual has historically enjoyed an AM Best rating of A
(Excellent). For more information about Madison Mutual, please visit the company's
website at www.madisonmutual.com.