Oceanwide and Appulate Announce Partnership

Appulate Media Coverage

Appulate Contact:
Bryan Stuart
28348 Roadside Dr.
Suite 201
Agoura Hills, CA 91301
(818) 717-7301
bstuart@appulate.com

Oceanwide Contact:
Mark Adessky
3400 de Maisonneuve Blvd.
Suite 1450
Montreal, Quebec
H3Z-3B8
514-289-9090 ext.111
mark@oceanwide.com

Oceanwide and Appulate Announce Partnership
Appulate’s Agent Connectivity Is Now Part of Oceanwide’s “Bridge” Platform

Montreal, Canada – September 24, 2012 Oceanwide, the leading developer of cloud based software solutions for the Insurance industry, and Appulate a leading provider of forms parsing and data bridging technology, are pleased to announce a partnership in which Oceanwide will offer Appulate Uplink™ as an integrated component of Bridge, its multi-line Policy Administration and Distribution product.

The partnership will enable Oceanwide to offer its customers best-of-breed connectivity to agency management systems to help reduce agent data entry. In turn, Appulate will gain a distribution partner that offers a far broader solution for insurance carriers.

Uplink is a versatile middleware product that can either bridge data from the agent’s internal management software or be used by a carrier as a back-office forms parsing tool. It allows ACORD data to be more easily moved throughout the submission workflow to improve efficiency, and reduce the time associated with completing carrier application forms without the costly transaction fees associated with other solutions. When integrated with Oceanwide Bridge, the solution provides carriers- with a complete insurance distribution system that automates the entire submission workflow from quote generation to binding and issuance.

“With this partnership, Oceanwide is able to offer its customers an affordable turnkey solution for agent connectivity that will streamline productivity throughout the insurance placement process, something that no other vendor in our space can offer,” said Mitchell Wasserman, CEO at Oceanwide. “This is yet another example of how our cloud-based solution can offer all the features and power of traditional deployed policy administration and portal software without the usual exorbitantly high professional services cost and associated risks,” he added.

“The industry has been vocal about the need to increase connectivity between the stakeholders and through this partnership, we are able to offer carriers a great way to do that,” said Dimitri Nikouline, Chief Technology Officer and Co-Founder at Appulate. “We look forward to a great partnership that will benefit Oceanwide’s customers,” added Nikouline.

About Appulate
Founded in 2005, Appulate offers an unprecedented level of connectivity to streamline business processes through its innovative abilities to bridge data between insurance systems. The combination of our advanced technology, outstanding level of service and high value proposition have made us one of the fastest gPosting technology companies that serve the insurance industry.

Visit Appulate at www.Appulate.com

About Oceanwide
Founded in 1996, Oceanwide Inc. is the market leader in hosted, SaaS insurance applications enabling carriers, brokers and MGAs to get to market quickly and efficiently, significantly enhancing the customer and agent experience and enabling new revenue generating opportunities. Oceanwide is headquartered in Montreal, Canada with offices in the US, Europe and Asia