SeaPass Solutions Client, CNA, Earns 2012 Model Insurer Recognition from Celent

Award recognizes CNA for its use of SeaPass Solutions’ Insurance Portal and ACORD XML standards to increase productivity and profitability of independent agencies

NEW YORK--(BUSINESS WIRE)-- SeaPass Solutions, Inc. (insuranceportal.seapass.com), a leading independent provider of web-based insurance distribution solutions to the property and casualty (P&C) insurance industry, today announced that its client, CNA insurance, has been named a Model Insurer in Celent’s new report, Model Insurer 2012: Case Studies of Effective Technology Use in Insurance.

CNA was recognized by Celent in the Agency Portal category for its implementation of ACORD XML standards and SeaPass Solutions’ Insurance Portal to enable agents to submit online, real-time transactions, and easily and quickly receive quotes for small business clients and prospects. With CNA’s new Real Time Quoting (RTQ) solution, agents can now obtain insurance quotes within 30 seconds for CNA Connect® (the insurance carrier’s flagship BOP product), workers’ compensation, and commercial auto.

“In today’s economic environment, the winning firms are the ones who leverage all available resources to the maximum to meet market challenges,” said Karen Monks, analyst with Celent and author of the report. “CNA has earned the Celent Model Insurer recognition for implementing an innovative solution that leverages standards and modern technologies while also taking into consideration the wide range of technology readiness of the agencies.”

“SeaPass congratulates CNA on this well-earned Celent Model Insurer recognition,” noted Tim Attia, Senior Vice President with SeaPass. “We are proud to have our Insurance Portal solution being used to enable CNA’s offering to their agency community, and we look forward to continuing our work with CNA’s Small Business team as they continue their efforts to provide even more capabilities to the agent channel.”

Celent Model Insurer 2012: Case Studies of Effective Technology Use in Insurance recognizes 23 insurance technology initiatives as “Model Insurer Components” and names the Celent Model Insurer of the Year. These case studies represent best practices in the use of technology and span key areas of the product and policyholder life cycle, including product definition, distribution, underwriting, policy administration, service, claims, and infrastructure. The report also reviews IT best practices and measurable business results used in evaluating the Model Insurer Components. Members of Celent's Property/Casualty Insurance research services can download the report at http://www.celent.com/reports/model-insurer-2012-case-studies-effective-technology-use-insurance. Non-members should contact info@celent.com for more information.

About CNA

Serving businesses and professionals since 1897, CNA is the country's seventh largest commercial insurance writer and 13^th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products may not be available in all states. CNA is registered trademark of CNA Financial Corporation. For more information, please visit CNA at www.cna.com.

About SeaPass Solutions

Headquartered in New York and founded in 2000, SeaPass Solutions offers solutions that enable insurance carriers, agents, brokers and wholesalers to better connect, communicate, and manage the business. With a singular focus of enhancing the quality and timeliness of communications between insurers and their distribution channels and customers, SeaPass provides consumer and agency portal as well as comparative rating solutions. For more information visit www.seapass.com or call 212-608-4646.

Solomark AssociatesSusan Douglas, (847) 895-2634
susan@solomark.com
or
SeaPass Solutions, Inc.Mahalia (Maggie) Maria, (212) 981-4680
mahaliam@seapass.com

Source: SeaPass Solutions, Inc.