SIMS Claims Successfully Implemented at Olympus Insurance

Real Estate Weekly News

By a News Reporter-Staff News Editor at Real Estate Weekly News -- Insurity, a leading provider of core insurance processing and data integration and analytics solutions, announced that Olympus Insurance Company (Olympus), a Florida homeowners insurance company, successfully implemented SIMS Claims™ as part of its plan to bring claims in-house. The system is being hosted on Insurity's reliable, secure and high-performing SIMS Cloud environment.

As a truly digital claims system, SIMS Claims is fast, flexible and functional. Leading insurance companies, insurance pools, self-insured employers, and TPAs have relied on SIMS Claims to manage claims, control costs and boost productivity. With its fresh user interface, clients can leverage the power and robust features of SIMS, while benefiting from an intuitive and efficient user experience. Key capabilities include workflow automation, business intelligence and digital features that encompass apps, web portals, mobile capabilities and mapping. Jeffrey Scott, CEO of Olympus, commented on the software project, "When we first started to shop for a new claims system, we found in SIMS Claims an intuitive interface that would meet our claims management needs, and it's also flexible enough that we'll be able to support our unique processes and continually incorporate powerful capabilities with the platform. From the start, we experienced a very positive interaction with the management team of SIMS Claims, Insurity. With their expertise in the claims space, we felt confident in their system and in their team's ability to meet our aggressive timeframe for implementation within six months." Jose Tribuzio, Senior Vice President and General Manager of the SIMS Claims product line at Insurity, commented, "We were excited about this opportunity to work with Olympus; the company has a reputation as a trusted provider of homeowners insurance in Florida and for providing exemplary service to customers. Olympus wanted to accelerate implementation, and cloud-hosting helped expedite delivery of the solution. With SIMS Claims now in place, Olympus has a sophisticated digital platform to support its unique workflow. They also have access to powerful business intelligence and dynamic reporting capabilities to gain deeper insights into their business."

Scott added, "We recently went live with SIMS Claims, but we have a significant road map ahead to continue to integrate our core philosophies around service. We can tell SIMS Claims will provide a strong foundation from which to accomplish our objectives to meet and respond to customer needs, and to deliver our expertise and professionalism in claims-handling." About Olympus Insurance Company Headquartered in Palm Beach Gardens, FL and founded in 2007, Olympus Insurance Company specializes in Florida property insurance. Through its independent agency force, Olympus insures $45 billion worth of residential and investment property including homes, condos, rental property, and valuable personal property. The company also writes flood insurance and umbrella policies. Coverage for individual risks up to $5 million in total insured value is provided on one of the most comprehensive coverage forms in the industry. For more information, visit olympusinsurance.com. About Insurity Insurity, Inc. enables property & casualty insurers to modernize their enterprise and achieve their business goals. Insurity's core processing applications and data integration and analysis solutions are backed by rich insurance expertise and are in production with over 100 insurers, processing billions of dollars of premium each month. Insurity's solutions address the needs of all carriers - from the Top 20 insurers to small or regional commercial, personal, or specialty lines writers, as well as MGAs. For more information about Insurity, call 860-616-7721 or visit www.insurity.com. Connect with Insurity on Twitter, LinkedIn and Facebook. View source version on businesswire.com: http://www.businesswire.com/news/home/20170530005005/en/