TORONTO, Aug. 26 /CNW/ - Camilion Solutions(TM), a leading provider of
<a href="http://www.camilion.com/Product_Development_Solution.php">insurance product development solutions</a> and modern <a href="http://www.camilion.com/solutions_policy_admin_p&c.php">P&C policy administration
systems</a> that create product agility, and Pitney Bowes Business Insight, the
leading global provider of location and communication intelligence solutions,
today announced that they are collaborating to provide Pitney Bowes Business
Insight's best-in-class location intelligence functionality with Camilion's
industry-leading policy administration system Authority Suite(R).
Authority Suite is a fully functional modern P&C policy administration
system for all lines of business that provides a rich set of policy
transactions and enables "true" speed to market. It supports the entire policy
administration lifecycle, including application data capture, qualification,
rating, quote management, bind and issuance, and all required policy
transactions. Powered by ProductAuthority(R), the market's only "true"
insurance product configurator, Authority Suite separates product from process
by externalizing and storing all product data and rules from legacy
operational systems into a centralized product repository where products can
be configured and modified easily.
Pitney Bowes Business Insight's location intelligence solutions put the
power of visual mapping into the hands of Authority Suite customers. With
location intelligence, insurers are able to garner new insights into the
marketplace, minimize risk and improve strategic decision-making capabilities.
Pitney Bowes Business Insight's location intelligence solutions help insurers
to recognize coverage opportunities based on location, establish proximity to
emergency services, assign the appropriate Premium Tax, validate and normalize
customer information such as name and address, and match and normalize
customer information against existing customer records.
"Camilion Solutions is continuing to develop our partner ecosystem by
offering our customers this enhanced functionality," said Bob Logan, senior
vice president, Sales, for Camilion Solutions, Inc. "Pitney Bowes Business
Insight's location intelligence technology is an ideal solution to enhance an
Authority Suite deployment. Deliverable through the Authority Suite interface,
the Pitney Bowes Business Insight tools help users more accurately identify
and assess risks in a catastrophic area, maximizing underwriting efficiency
"We're excited to know that Authority Suite users can have powerful
location intelligence tools to help refine the underwriting process through
the Pitney Bowes Business Insight's location intelligence products," noted
Bill Sinn, strategic industry and marketing director of Pitney Bowes Business
Insight. "These tools will help users to determine relative risk accumulations
to minimize over-exposure and will establish accurate proximity to a broad
range of risk factors, such as flood plain, fault line, windpool, brushfire
and other natural perils."
Authority Suite also includes ProductAuthority(R) Lifecycle Manager, a
web-based "desktop" that includes automated, collaborative workflows,
providing insurers with the ability to track and manage tasks and all
participants involved in the product development process.
Pitney Bowes Business Insight's location intelligence solutions allow
users to recognize coverage opportunities based on location, establish
proximity to emergency services, assign the appropriate Premium Tax, validate
and normalize customer information such as name and address, and match and
normalize customer information against existing customer records.
About Camilion Solutions(TM) Inc.
Camilion Solutions, Inc. (www.camilion.com) is a leading provider of
world-class insurance product development solutions and modern P&C policy
administration systems that create product agility. With some of the world's
largest insurers as customers, Camilion uses its deep knowledge of the
insurance industry to enable mid to large size insurers to concurrently
develop or modify innovative products, get these products to market faster,
automate underwriting, enable straight-through processing, and deploy a modern
technology platform all while mitigating risk and reducing costs. Camilion is
a privately owned corporation founded in 2001 with offices in Toronto and New
About Pitney Bowes Business Insight
Pitney Bowes Business Insight, a division of Pitney Bowes Software Inc.,
a wholly-owned subsidiary of Pitney Bowes Inc., provides a unique combination
of location and communication intelligence software, data and services that
enable organizations to make more informed decisions about customers,
competition and market expansion. With the industry's most comprehensive set
of solutions for maximizing the value of customer data, Pitney Bowes Business
Insight provides the tools required to more effectively locate, connect and
communicate with customers in today's global markets. Leading organizations
rely on Pitney Bowes Business Insight I solutions to increase the accuracy and
effectiveness of customer information delivery and drive profitable growth.
Visit www.pbbusinessinsight.com and www.pb.com for more information.
Authority Suite(R), ProductAuthority(R) and related names are trademarks
of Camilion Solutions(TM), Inc. All other products and services mentioned are
trademarks of their respective companies
This press release contains forward-looking statements involving risks
and uncertainties. Any statement not a statement of historical fact is a
forward- looking statement, including without limitation statements concerning
demand for and benefits of Pitney Bowes Business Insight products and
integration of its products with existing solutions. Actual results could
differ materially from those stated or implied in forward-looking statements
due to a number of factors, including those factors contained in the Pitney
Bowes Inc. 10-k statements filed with the Securities and Exchange Commission
under the heading "Risk Factors". Pitney Bowes Business Insight takes no
responsibility to update any forward-looking statements.
For further information:
For further information: Media Contacts: Gwen Lannaman, Camilion
Solutions, O: (905) 482-3452, M: (905) 992-9557, firstname.lastname@example.org;
Maddy Shedno, Schwartz Communications, O: (781) 684-0770,