(Boston, MA) June 9, 2016 – Covenir, an innovative technology-enabled start-up providing back-office transaction processing to the insurance industry, announced today their strategic partnership with Insuresoft, a leading provider of insurance processing solutions for the P&C industry. The alliance allows Covenir’s insurance experts to perform Business Process Outsourcing (BPO) services, leveraging Insuresoft’s Diamond System, a fully integrated industry leading suite of products that includes policy admin, claims, billing and more.
Through their partnership, Covenir will leverage Insuresoft’s scalable and cost-effective hosting service and cloud-based delivery model, and will gain direct access to Insuresoft’s support and implementation resources. Insuresoft’s current and future clients will benefit from the relationship, as they will be provided a single contract, including not only BPO services, but also licensing, support, maintenance and hosting of the Diamond System.
“This strategic partnership is an excellent example of Insuresoft’s commitment to closely align with other providers who can bring complementary services to our customers,” said Tony Villa, CEO of Insuresoft. “Covenir’s senior leadership team are among the most experienced BPO providers in our industry. This partnership brings us closer to our mission of being the only software and services provider our clients will ever need.”
“We could not have asked for a better software and technology partner,” said Jon Hughes, Founder of Covenir. “The Diamond suite of products allow us to deliver outstanding service to our customers. We are honored to join Insuresoft’s impressive and growing list of partners.”
Covenir’s suite of insurance services includes policy servicing, customer service, billing, lockbox, print/distribution, first notice of loss, underwriting, and marketing campaign support. Their customers include insurance carriers, MGAs/brokers, fair plans, and state insurance government agencies. For a detailed description of Covenir’s services, please see http://www.covenirbpo.com.
Insuresoft is a Microsoft Gold Certified software developer serving the property/casualty insurance industry. Insuresoft’s flagship offering, The Diamond Suite, is a fully integrated policy, billing, and claims processing platform. One of the few systems to be in production for more than 20 years, Diamond is in production in nearly 30 insurance companies and MGAs across all 50 states, processing $1.5B in personal- and commercial-lines premiums annually. Diamond is scalable, configurable, and cost-effective. Insuresoft is privately held, with offices in Tuscaloosa, AL, and University Park, IL. For more information, please visit www.insuresoft.com, email email@example.com, or call 866-299-1314.