SpeedBuilder Systems Partners with Seibels to Implement BOP in the State of Florida.
Columbia, S.C. — May 18, 2015—SpeedBuilder Systems, Inc. (SBS), developer of the BindExpress Policy Administration Suite, and The Seibels Bruce Group, Inc. (Seibels),an insurance services provider of business process outsourcing, claims, and technology solutions, are pleased to announce that their first client is now live for the Business Owners line of business in the state of Florida.
Seibels will provide all operational services, including underwriting, policy administration, equity billing, e-payment, claims and accounting, offering authorized agents the ability to rate, quote, bind, and process endorsements in real time over the web. The paperless solution was brought up in less than four months using the BindExpress Policy Suite by SBS.
“We are excited to add commercial lines processing to our suite of offerings,” said Helmut Tissler, CIO of Seibels. “After evaluating a number of systems on the market, we chose BindExpress from SpeedBuilder Systems for our Commercial Lines platform. Starting the implementation in January and going live in four months confirms we made the right choice.”
“We are pleased to be the engine behind a blue-chip service provider like Seibels,” said Rod Giess, President of SpeedBuilder Systems. “Our quick success demonstrates not only the robustness and flexibility of the BindExpress Policy Suite, but also how well our service teams collaborate with business partners, even under tight delivery deadlines. I am proud of everyone involved.”
About SpeedBuilder Systems
SpeedBuilder Systems, Inc. (www.speedbuildersystems.com) offers large enterprise-class solutions for small-to-medium sized P&C insurance carriers. The BindExpress Suite is an integrated set of components including policy administration, rating, automated underwriting, agent and consumer portals, product configuration, billing, automated workflow, analytics, and document generation. Built using open source technologies, the BindExpress Suite improves ease-of-doing-business for both consumers and professionals, reduces the time-to-market for delivering new products, and extends the life of both new and legacy systems.
Seibels provides business process outsourcing, claims, and technology solutions to the property and casualty insurance industry. From its start as a fire and life insurance company in 1869, Seibels has evolved and prospered over the past 140+ years. By leveraging a strong combination of insurance industry and technology expertise, Seibels helps today’s property and casualty insurers achieve operational efficiency. Seibels recognizes the value of quality customer service, strong client relations, continuous innovation and integrity. For more information, please visit www.seibels.com.