IDP Adds Industry Expertise in Key Role

WYNCOTE, PA--(Marketwired - June 13, 2016) - IDP, a Pennsylvania-based developer of software and SaaS services for the property and casualty (P&C) insurance segment, is pleased to announce Steven C. Craig has joined the company as Senior Vice President of Sales and Marketing with additional management and profit and loss (P&L) responsibility for the Bureau Statistical Reporting group.

"It's an exciting time to be working in the P&C insurance industry," said Craig. "Insurers are being pressured by the insurtech revolution and consumer demands to modernize and to consider new ways of doing business. IDP is the perfect partner to help insurers grow through this time of change."

Intimately familiar with business and new product development, strategy and database development, Craig also has deep knowledge of operations and sales into the insurance marketplace. Prior to joining IDP, he held various positions at Verisk Analytics, American Insurance Service Group, Policy Management Systems Corporation (PMSC) and Western Farm Bureau. Accomplished in team development and leadership, market positioning, product branding, financial and sales planning and execution, new product launches, acquisitions and integration, he has orchestrated numerous partnership deals for industry leading insurance products, content, licensing agreements and service agreements and also holds a patent in the geometric-use of telematics data in rating. He is a graduate from the University of Utah with a Bachelor of Science and Master of Public Administration degrees.

"Steve brings to IDP a deep understanding of product and data needs of the insurance industry," said David Kerford, president of IDP. "Our older and newer customers alike will find him to be the perfect knowledge source through which to ensure appropriate product and services selection. This, coupled with Steve's unwavering integrity, makes him the perfect fit for IDP."

IDP's component-based, scalable, core administration suite, InsuraSphere, has been a market-leader for years. Typically delivered via a private cloud in a managed environment, InsuraSphere provides solutions for policy, billing, and claims, as well as rating, reporting, reinsurance, and portals for agents and insureds, including mobile applications, which support new business growth, streamline processing, and produce operational cost savings. IDP also offers a comprehensive bureau reporting service that integrates seamlessly with any policy or claim system.

For more information about IDP, InsuraSphere, or this release, please contact Robert Ridinger at (267) 620-2377 or rridiinger@idpnet.com.

About IDP

IDP is a leading-edge insurance technology firm and the developer of InsuraSphere, an agile, scalable, intuitive core administration suite for small and mid-size property and casualty (P&C) insurance organizations, which is delivered via a private cloud in a managed environment. IDP also provides a comprehensive bureau reporting service that can work with any policy or claim system. Based near Philadelphia, IDP has been serving the P&C insurer community successfully and consistently for decades, delivering results for policy administration, rating, billing, claims, reporting, reinsurance, and agent/insured portals, including mobile, through unparalleled technology which supports new business growth, improves policyholder retention, enhances customer experience, streamlines processing and produces cost savings almost immediately. For more information, please visit the company website at www.idpnet.com, or call 800-523-6725.