SOURCE: InSystems

October 24, 2005 07:07 ET

KMG America Selects InSystems Software Suite for Speed-to-Market

Integrated Document and Compliance Solution Streamlines Product Development Through Issuance

MARKHAM, ON -- (MARKET WIRE) -- October 24, 2005 -- KMG America, and its wholly owned subsidiary, Kanawha Insurance Company, a rapidly growing employee benefits provider, has licensed InSystem's suite of products, including Calligo Doc Services and InSystems Tracker, to streamline document assembly and regulatory filings.

Products from InSystems, the specialist in complex document and compliance automation for insurance and financial services, will help the company speed new products to market faster.

"InSystems' integrated solution was the only one that gave us full scope of what we needed," said Pamela Gillespie, 2nd VP and Chief Compliance Officer. "It automates not only document assembly but also preparation for filing and lets us submit filing electronically through the System for Electronic Rate and Form Filing -- SERFF."

"With our current system, we had to search state insurance department Web sites to print certifications periodically. InSystems Tracker automates that process and ensures that state documents are always current," Gillespie added.

Policy documents will be produced through InSystems Calligo Doc Services and stored in the Calligo Enterprise document management system for fast, efficient access supporting KMG America in delivering superior service to policyholders, customers and agents.

"Speed-to-market and operational efficiency are vital issues and we're delighted that KMG America selected InSystems solutions to address these critical business imperatives as it grows," said Neil Betteridge, VP Marketing, InSystems.

About KMG America

Based in Minnetonka, MN, KMG America, though its wholly owned insurance company, Kanawha Insurance Company, offers a comprehensive portfolio of core and supplementary benefits. With over $4.3 billion of life insurance in force, Kanawha provides and/or administers coverage for more than 450,000 individuals and 2,500 corporate customers. Licensed in 45 states, it has financial strength ratings of A- from A.M. Best and A- from Standard & Poor's. KMG America Corporation, a holding company, acquired Kanawha Insurance Company and its operating subsidiaries in December 2004.

About InSystems

InSystems specializes in complex document and compliance automation for insurance and financial services. Its software solutions enable organizations to accelerate speed to market by streamlining the product development and regulatory filing processes, and achieve operational excellence by automating the creation, management and multi-channel distribution of customized documents. InSystems' solutions give business users more control, with less dependence on IT resources. These solutions are developed, delivered and supported by a team with specialized knowledge and experience. InSystems (www.insystems.com) has more than 350 insurance customers, including over 50 of the 100 largest insurance groups in North America. InSystems, founded in 1989, is a subsidiary of Standard Register (www.standardregister.com) a $1 billion provider of information solutions.

Contact Information

  • Media Contacts:

    Henry Stimpson
    Stimpson Communications
    508-647-0705
    Email Contact

    Neil Betteridge
    InSystems
    905-513-1400 ext 3710
    Email Contact