The Tuscarora Wayne Group of Companies (TW) of Pennsylvania has signed with SeaPass Solutions to enable one-touch, bindable quoting and submission in real-time.
SeaPass Solutions provides a customized web portal and system integration solution, including the capability for producers to upload information directly from their management systems. The new technology streamlines internal processes and provides greater ease of doing business.
Eric Gewirtzman, CEO of SeaPass, said, “Our collaboration with TW illustrates the added-value that entrepreneurial insurers see in our technology to secure real-time quoting, proposals and issuance for their producers. The technology being implemented at TW and their agencies will increase revenues and more importantly will enhance service to both their personal and commercial lines customers, as it has at many other clients of ours. We applaud TW for their commitment to their producers by constantly trying to make it easier for them to do business and by providing excellent service to their customers.”
“Our producers were instrumental in the decision to partner with SeaPass Solutions,” comments Jay W. Chadwick, president and chief executive officer of the Tuscarora Wayne Group of Companies. “In 2005, the Company launched Genius, a research project designed to identify and deploy an information technology strategy that effectively meets the needs of business partners and produces positive, measurable results. During the data collect phase of the project, we solicited advice from producers to determine the technology solutions needed to promote the ease of doing business and superior service. The project concluded in 2007 with a commitment to implement real-time, web portal technology.”
About Tuscarora Wayne Group of Companies
Tuscarora-Wayne Mutual Insurance Company, Tuscarora Wayne Group, Inc., and its subsidiaries, Tuscarora Wayne Insurance Company, Tuscarora Wayne Partners, Inc., Keystone National Insurance Company, and Washington Mutual Fire and Storm Insurance Company, comprise the Tuscarora Wayne Group of Companies. The parent Company, Tuscarora-Wayne Mutual, incorporated in 1874, is rated A+ (Superior), Class VI, by A.M. Best Company, the leading provider of ratings, news, and financial data for the insurance industry worldwide. Please visit us at our website: www.twmic.com.
On SeaPass Solutions Inc.
SeaPass Solutions, founded in 2000, is headquartered in New York City. The company develops and markets solutions that enable insurance carriers, agents, brokers and wholesalers to transmit and receive data in real time.
The SeaPass Hub Solution leverages existing systems to automatically interact with one another, leading to reduced costs, better new business and successful transactions. Since 2001, SeaPass has been implementing IT solutions at national insurance carriers, regional carriers, banks, large agencies and brokers.
SeaPass is a privately-held company. Its shareholders include Hyperion, a world-renowned merchant banking fund specializing in investments in financial services-related companies and pioneering technologies, the Inter Atlantic Group and Dolphin Equity Partners, both NY based investment firms Platinum Neurone Ventures, a fund backed by global investors such as Bank of America.
For more information on SeaPass, Agents can contact SeaPass Solutions Inc. or visit the company at www.seapass.com/intro. Customers interested in purchasing insurance coverage from Tuscarora Wayne should contact their local independent insurance agent or find one at www.twmic.com.