Madison Mutual Selects ISCS's SurePower Innovation to Streamline and Modernize Policy and Claims Processes - Insurance News | InsuranceNewsNet

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June 29, 2010 Newswires
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Madison Mutual Selects ISCS’s SurePower Innovation to Streamline and Modernize Policy and Claims Processes

SAN JOSE, CA and EDWARDSVILLE, IL -- (MARKET WIRE) -- 06/29/10 -- 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."

About ISCS
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 protected], 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.

Media Contact: Jennifer Overhulse-King St. Nick Media Services (859) 803-6597 Email Contact  

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