NxTech Delivers Real Time Bridging for Preferred Mutual Insurance Company

Cincinnati, Ohio - August 29, 2007 – NxTech, Incorporated, a leading provider of real-time interfaces, system integration, data management and interactive web development has completed the implementation of Personal Lines Real-Time Bridging for Preferred Mutual Insurance Company.

Real-Time bridging provides Preferred Mutual’s independent agents the ability to quote real-time and submit Personal Automobile and Homeowners (including watercraft, inland marine and umbrella) applications from their Applied Systems and AMS Services agency management systems to the Preferred mainframe  system.  The Preferred-NxTech solution reduces duplicate entry and improves ease of doing business by not only transferring information already entered in the management system, but also automatically enhancing the data stream with VIN verification, iiX credit scoring, address validation and territory assignment.

“The flexibility and efficiency provided by NxTech’s solution was the key to this successful implementation,” said Dave Starkweather, Preferred Mutual AVP/Support Services Manager.  “NxTech provided Preferred Mutual with the right mix of technology and business solutions to deliver a solid, Real Time bridging workflow for our Personal Lines agents to easily obtain accurate quotes, and submit applications, in the most efficient way possible.”

Thad Bauer, President at NxTech added, “Utilizing Preferred Mutual’s existing agent web infrastructure allowed a quick and easy workflow for their users, making the agents happy.  Giving one solution that supports both Transformation Station and TransactNOW makes Preferred Mutual happy.”

About Preferred Mutual Insurance Company

Preferred Mutual Insurance Co. primarily underwrites automobile, homeowners and commercial coverages in New York, New Jersey, Massachusetts and New Hampshire. The company, incorporated in 1896, was rated “A” by A.M. Best Company for 2007. Corporate headquarters for Preferred Mutual Insurance Company is located at One Preferred Way, New Berlin, NY 13411. To find our more about Preferred Mutual Insurance Company, go to www.pminsco.com.

About NxTech

NxTech, headquartered in Cincinnati, Ohio, was founded to provide technology to unlock data and integrate systems for the benefit of all participants within the insurance industry.  Emphasizing real time straight through processing with XML and ACORD standards, NxTech’s reusable component architecture allows for a comprehensive and easily expandable solution.  For information about NxTech’s products and services, email [email protected] or visit our website at www.NxTechCorp.com.

Contact: 

Teri Daniel, NxTech, Incorporated
851 Ohio Pike
Cincinnati, Ohio  45245
[email protected]
www.NxTechCorp.com