Patriot Technology Solutions Selected by Missouri Employers Mutual
Subject to final approval of definitive agreements, MEM plans to implement Patriot's entire SaaS insurance value chain software suite, including: QuoteExpert, PolicyExpert, BillingExpert, ClaimsExpert, ReinsuranceExpert, Agency Portal, Customer/Policyholder Portal, Claimant Portal, Business Partner Portal, DecisionUR utilization review and InsurePay pay-as-you-go modules.
"We are proud to partner with MEM on this important technology initiative that replaces their current system and implements our entire value chain software suite, which is vital to customer service and cost containment in today's competitive environment," said
"InsuranceExpert offers MEM and our policyholders, agents and other business partners a high level of efficiency, productivity and collaboration. We examined many potential solutions and found that this platform demonstrated the strongest work comp functionality with a highly configurable, truly integrated suite and single source of data across the platform. This will better position our company for even greater growth and help us bring safety to our policyholders," said
"This is an important step in the commercialization of our industry leading, SaaS-based, fully integrated insurance value chain management platform. IE's innovative architecture creates an unmatched value proposition through its overall ease of use and ability to rapidly implement changes that improve productivity at a lower initial investment and ongoing operating costs. We expect to capitalize on the large opportunity in the marketplace as other carriers take note of these value drivers," said
About
MEM is a safety company that provides workers compensation insurance. MEM helps policyholders eliminate injuries and reduce claims costs to protect people and their bottom lines. Headquartered in
About
Forward Looking Statements
This press release may include statements that may be deemed to be forward-looking statements. Words such as "may," "will," "should," "likely," "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates," "positioned," "outlook," "Guidance," and similar expressions are used to identify these forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties, and there are important factors that could cause actual results to differ materially from those indicated in these statements, including the potential that revenue, net income or adjusted EBITDA could finally be determined to be below the range discussed in this press release. For example, we may not be able to place insurance policies for our clients, our expenses may be higher than we expect, we may have difficulty integrating new acquisitions, new acquisitions may not perform as anticipated, as well as those matters contained in our filings with the
Media and Investor Contacts:
[email protected]
Logo - http://photos.prnewswire.com/prnh/20141209/163423LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/patriot-technology-solutions-selected-by-missouri-employers-mutual-300156383.html
SOURCE
BRIEF: Ex-fire lieutenant to be screened for diversion
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News