ISCS's SurePower Innovation Policy Administration Suite
Selected by the Mississippi Windstorm Underwriting Association
& the Mississippi Residential Property Insurance Underwriting Association
San Jose, CA and Jackson,
MS - August 17, 2010
- ISCS is pleased to announce the Mississippi Windstorm Underwriting
and the Mississippi
Residential Property Insurance Underwriting Association (MRPIUA) recently selected
Innovation® Policy Administration Suite and hosted services to increase
efficiencies in administering the policies placed with the state's insurer of last
resort for selected perils. SurePower Innovation's technology enables the
cost-efficiencies of having both MWUA and MRPIUA coverage offerings
administered through a single system.
"We at MWUA and MRPIUA are very excited and
eager to begin using SurePower Innovation," said Joe Shumaker, manager and executive
director of MWUA. "SurePower Innovation contains
the features and technology we were looking for in a new policy management system.
The team at ISCS has been very knowledgeable and professional and we look
forward to establishing a strong partnership."
Implementation of SurePower Innovation will significantly
enhance both plans' policy administration capabilities and ability to serve the
people of Mississippi. MWUA's policy base has nearly tripled since Hurricane
Katrina. SurePower Innovation's highly-scalable technology means the MWUA and
MRPIUA can efficiently manage present, and even higher, policy numbers.
ISCS's SurePower Innovation Policy
Administration Suite also has the ability to expand rapidly from a few claims
examiners and managers accessing the system to hundreds or even thousands that
might be deployed following a major catastrophe. As a fully web-based system, SurePower
Innovation delivers the security of a hosted system, whose facilities will not
be affected by a Mississippi catastrophe, and enables people with only Internet
access to file claims and claims processors to administer claims from any
"We at ISCS are looking forward to working with MWUA/MRPIUA,"
said Andy Scurto, ISCS president and CTO. "We feel that the implementation of
SurePower Innovation will provide the residents of Mississippi the peace of
mind that comes from having a secure and efficient system in place to meet the
needs of those covered by these plans when they most need it."
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 Mississippi Windstorm
Underwriting Association (MWUA)
Mississippi Windstorm Underwriting Association (MWUA) was established by House
Bill 274 of the 1987 session of the Mississippi Legislature to provide a method
whereby an adequate market for Windstorm and Hail Insurance may be provided in
the Coastal Area of Mississippi. MWUA provides coverage for Windstorm and Hail
perils only. For more information about Mississippi Windstorm Underwriting Association, please visit the
organization's website at http://www.msplans.com/MWUA/Index.htm.
About Mississippi Residential
Property Insurance Underwriting Association (MRPIUA)
The Mississippi Residential Property Insurance
Underwriting Association (MRPIUA) was established by House Bill 1113 of the
2003 session of the Mississippi Legislature. The former Mississippi Rural Risk
Underwriting Association provided a residual market for residential property
insurance in rural areas of the state. Under the MRPIUA, this will be expanded
to provide a residual market for residential property insurance in both rural
areas and all other protection classes of the state. It is the purpose of this
association to provide a program to assure an adequate market for
residential fire and extended coverage insurance in both the rural and other
areas of Mississippi. For more
information, about MRIPIU, please visit the organization's website at http://www.msplans.com/MRPIUA/index.shtml.