May 28, 2010 – Thousand Oaks, CA – VRC Insurance Systems, Inc. today announced the completion of its integration with Appulate’s “Uplink” data bridge technology.
The two companies came together in an effort to join their solutions and provide a way for agents using VRC’s management system to be able to electronically submit First Notice of Loss (“FNOL”) forms to interested carriers using the ACORD XML standards. “We see this capability as a great added value to our agency constituency”.,” said Tom Turgeon, Executive Vice President, VRC Insurance Systems.
The “proof of concept” consisted of VRC using Uplink to upload several ACORD 1 forms (workers’ compensation FNOL). Uplink provided each of these outputs as standard ACORD XML data and delivered this to a participating carrier. The result allows VRC customers to streamline their business processes and reduce data entry for all stakeholders involved. “VRC offers a best of breed solution to its agents and we are very fortunate to have an opportunity to work with them”, said Dimitri Nikouline, Appulate’s Chief Technology Officer.
The two companies will continue to develop an increasingly close relationship. Both are recognized as industry leaders and located just 3 miles apart in Southern California.
Founded in 2005, Appulate provides a best of breed bridging technology that allows retail agents to send ACORD, supplemental, loss and other data to carriers, wholesale brokerages, MGA and TPA receivers. Using the ACORD XML standards, Appulate offers an unprecedented level of connectivity to streamline business processes of the insurance industry. For more information, visit www.appulate.com or call 818-717-7301.
Acknowledged as a premier provider of business and technology solutions to the Property Casualty marketplace VRC’s End-to-End Velocity ™ offering is a specialty provider to: Insurance companies, Brokers, MGA’s, MGU’s, Medical Malpractice/ Professional Liability, Specialty Programs & Pool Administrators, Captives, Wholesalers, RRG’s RPG’s and virtually all lines of P & C.
Founded in 1986 VRC is recognized for its technological superiority, system flexibility, service expertise, and the delivery of quantifiable productivity returns to our clients. VRC unites extraordinary workflow management, business intelligence technology, superior analytical tools and human resources enabling our client partners to do what they do, Better, Smarter and Faster.
With extensive expertise and decades of experience in Insurance Servicing, VRC exemplifies the stability, resource depth and proven performance records insurance professionals demand in the selection of an information business solutions partner. As your partner, VRC can be relied upon to deliver superior human and technological solutions that deliver dramatically improve profitability and deliver a distinct Competitive Advantage.
VRC recognizes the importance technology has on its success and that of our clients. Accordingly, the design, development and implementation of insurance business solutions that are intuitive, in-depth, and flexible are of paramount focus. It is our belief that the implementation of new and emerging hardware, software and human resource technology is essential in maintaining a competitive advantage. It is also critical in the attainment of maximum productivity and profitability gains.
Insurance executives mandate that business solutions be affordable, easy to maintain, people friendly and adaptable to evolving market dynamics. Analytical data must be available on demand and investment returns must be irrefutable and continuous.
VRC is proud to collaborate with a diverse and prestigious group of client partners; several of which are ranked amongst the top P&C organizations in the industry.
Clients such as Marsh, BPostn & BPostn, Hub International, Hull & Company, American E&S, Lockton Affinity Services, QBE, Brit, Lawyers Mutual Insurance Company, Gramercy & Old United Insurance Companies, etc. exemplify the diversity of VRC’s clients. Virtually every LOB is being serviced by VRC clients.
Thomas T. Turgeon
EVP of Sales/Marketing, Partner
VRC Insurance Systems
2223 Rutgers Drive
Troy, MI 48085