Unirisx, a SaaS provider of insurance services, has said that it has implemented its Policy Administration System (PAS) for two US clients, Armed Forces Insurance Exchange (AFI) and Eternal Care Insurance Company.
According to Unirisk, AFI, a property and casualty insurer for defense personnel, has launched PAS for its Texas Homeowners lines, which includes the ability to process ‘out of sequence endorsements’.
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 addition, Unirisx has also completed the PAS implementation for Eternal Care Insurance Company, based in Harrisburg, Pennsylvania. Eternal Care is a start-up property and casualty insurer that offers specialty products for the funeral industry.
Previously in November 2009, Unirisx and IDP formed an alliance to private label IDP billing and claims components as part of the UIS.
Dave Hollander, CEO of Unirisx, said: 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.
UIS is a low cost platform to launch, distribute, manage and process insurance and healthcare products. The solution enables insurers, agents, brokers and other users to launch new products, create broader distribution networks and manage the policy lifecycle in real time.