TUSCALOOSA, Ala., Dec. 22, 2020 /PRNewswire-PRWeb/ — Insuresoft, a leading provider of mission-critical core insurance software for property & casualty insurers, announced the successful completion of their 2020 System and Organizational Controls (SOC) 1® Type 1 examination. With its long-standing experience in the insurance software and core processing space, the company has completed its first SOC 1 examination, reflecting a commitment to secure internal controls.
“This milestone in our company will allow our team to improve our security and solution for our clients continually,” said Joe Fendley, VP of Technology & Architecture for Insuresoft. “Our recent SOC 1 examination report will provide our current and future clients with the confidence that we are committed to safeguarding data – and that Insuresoft is committed to and invested in the highest levels of data security and protection.”
Insuresoft’s SOC 1 Type 1 examination focused on their internal controls over financial reporting, assessed at a point in time.
The effort was completed by the professional and independent third-party audit firm, 360 Advanced, Inc.
Insuresoft became SOC 1 compliant because enabling a secure data environment is a critical component of their investment and unwavering commitment to building world-class core systems for the insurance marketplace. They chose to work with 360 Advanced due to the quality, value, and willingness to guide them through the process.
Insuresoft’s Diamond Platform allows insurers to innovate freely with products and services across multiple distribution and engagement channels. Diamond is an all-in-one solution that combines core policy processing, digital engagement, and intelligent data to advance each insurer’s mission. The Azure deployed platform allows insurers to reduce IT operating costs and move to a more strategic and innovative, modern approach to serving policyholders. To learn more about Insuresoft, visit https://www.insuresoft.com
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About 360 Advanced
360 Advanced is “Making Better Businesses” through their Cybersecurity and Compliance offerings. Services provided include SOC 1, SOC 2, SOC 3, SOC for Cybersecurity, SOC for Supply Chain, CSA STAR, HIPAA/HITECH, ISO 27001 and 27701, PCI-DSS, HITRUST CSF, Microsoft SSPA Attestation, Penetration Testing, GDPR, CCPA, PIPEDA, GLBA, FFIEC, MARS-E and more. In certain states, 360 Advanced may operate under the name of Hiestand, Brand, Loughran, P.A. to meet State Board requirements for CPA firms. To learn more about 360 Advanced, visit http://www.360advanced.com.