Powerful optional enhancement for PPS enables companies to extract archive data to quickly create Lloyd’s Bordereau and other reports

Skywire Software, a leading provider of software and services for the insurance industry, will preview a data mining tool for PPS, its industry-leading policy issuance software, during the AAMGA Annual Meeting in the Bahamas. The company will showcase the optional data mining tool, along with its comprehensive suite of offerings for the wholesale insurance market, throughout the meeting.

The data mining tool makes extracting data directly from the smart archive within Skywire Software’s PPS easy. Users can then quickly generate reports saving hundreds of hours in work by avoiding duplicate data entry and additional report verification. It is easy to install, set up, and integrate within the existing PPS system. Strong export capabilities enable unlimited data exporting, flexibility in data exporting to Excel, Access, XML format, as well as visual mapping of forms and fields to data columns for simple report creation.

"Skywire Software is committed to improving and investing in PPS and our offerings for MGAs and wholesale insurance companies," said Bob Steinke, vice president, products, Skywire Software. "We continuously listen to our customers and direct development based on their needs to solve specific business challenges."

"Using Skywire Software's PPS data mining tool, I was able to set up in one hour a report that previously took me six months to prepare with another product," said Lauri Klotz, assistant vice president, Continental Special Risks.  "I look forward to continuing to use this latest addition for PPS and better utilize our data when creating Lloyd’s Bordereau and other reports in the future."

With hundreds of sites installed, PPS is the industry leader with one of the largest customer bases of all policy production systems, producing a substantial percentage of all policies produced each year. According to a recent NAPSLO survey, 67 percent of its general agent members and 62 percent of it broker members use PPS to issue policies. In the excess and surplus lines (E&S) market, PPS is the industry standard.

The number of wholesale insurance companies using its market-leading PPS for policy issuance continues to grow. More than 100 customers have purchased the policy issuance system and related offerings during the past year, with more customers signing up.

Skywire Software’s PPS is a powerful Microsoft Windows-based application that enables efficient and economical policy issuance, including any user-defined transaction such as new policies, quotes, endorsements, cancellations and renewals, for all lines of business. PPS provides industry-leading policy creation, presentment, printing, archival, retrieval and Web-enabling capabilities for simple insurance document automation. By using Skywire Software’ PPS companies can cut policy issuance time by up to 70 percent and also cut policy issuance costs by up to 69 percent, all while handling more volume with existing staff.

Skywire Software serves more than 1,600 customers worldwide. More than 1,000 insurance companies, including hundreds of MGAs and eight of the top ten wholesalers, use Skywire Software’s business and enterprise Customer Communications Management (CCM) software, professional services, and Business Process Outsourcing facilities.

Skywire Software is a leading software company serving the insurance, health care, utility, and financial services industries. The Company develops industry-specific software products that help companies integrate processes, people and information. With products and services that span a range of key functions, including rating, rules, underwriting, business intelligence, online management, data movement, and enterprise-wide document automation, Skywire Software is dedicated to providing an unparalleled customer experience to more than 1,600 customers worldwide. For more information, contact Skywire Software at 1-800-735-6620 or visit www.skywiresoftware.com.