NxTech Recognized With ACORD Awards for Excellence in Agency-MGA-Company Interface Specialty Carriers Realize Results

Milford, Ohio November 21, 2011 – NxTech, Inc. a leading provider of agency-company interface software and services , featuring their Total Interface Solution™ for Real-Time, Download and Agent Portals, has been recognized with 2011 ACORD Awards for:

• Most Compelling Case Study
• Property & Casualty Round Trip of Data

The two awards were presented to NxTech President, Thad Bauer at the November 2011 ACORD Implementation Forum at Ft. Lauderdale, Florida, and honored NxTech for providing breakthrough workflow for two unique providers of Property and Casualty Insurance. The two companies are: Glatfelter Insurance Group, a multifaceted insurance broker and MGA/Program Manager and SPARTA Insurance Company, a P&C carrier dedicated to writing program business with Program Administrators as well as retail agents.

Increased ease of doing business and the ability to quickly respond to market opportunities by providing ACORD standard download and real-time rating and inquiry, with their respective agency distribution channels, was the goal of both Glatfelter and SPARTA in working with NxTech. The interfaces that NxTech built for Glatfelter and SPARTA are unique because they both deal with the automation of workflow with retail agents and MGAs for program and/or specialty business - breaking new ground and providing time and money savings.

NxTech President, Thad Bauer said, “NxTech understands the value of standards and promotes the use of standards wherever possible. We are especially proud of these two awards because they are a testament to NxTech’s insurance and ACORD expertise and our ability to understand the customization necessary to deliver interface using ACORD standards in the specialty commercial and E&S marketplace. We will continue to push out the ACORD standards model to all participants in this market.”

"NxTech is to be congratulated for earning two 2011 ACORD Awards as well as for continuing to show the benefits that can be achieved by implementing ACORD Standards," said Lloyd Chumbley, Vice President, Standards, ACORD.

About ACORD

ACORD (Association for Cooperative Operations Research and Development) is a global, nonprofit standards development organization serving the insurance industry and related financial services industries. ACORD's mission is to facilitate the development of open consensus data standards and standard forms. ACORD members include hundreds of insurance and reinsurance companies, agents and brokers, software providers, and industry associations worldwide. ACORD works with these organizations towards a goal of improved data communication across diverse platforms through implementation of standards. ACORD maintains offices in New York and London. For more information, visit www.acord.org.

About NxTech, Incorporated

NxTech, headquartered in Milford, Ohio is a leading provider of P&C interface solutions that help insurers and MGAs enable growth, customer retention, and automated workflows with their distribution channel(s) to drive down cost and provide ease of doing business. The Total Interface Solution™, powered by NxTech's awardwinning ConneXt software and services, enables Real Time Rating & Bridging, Download and Agent Portal Development – all based on ACORD standards.

For information about NxTech’s products and services, email [email protected] or visit our website at www.NxTechCorp.com.

Contact: Rex Fledderjohn, CPCU
NxTech, Incorporated
100 TechneCenter Drive, Suite 125
Milford, OH. 45150
Phone: 513-943-0000
[email protected]