Contact Information: Media contact: Mark O'Brien 860-944-9022
Swett & Crawford Licenses AQS Access
Renowned Wholesaler Leverages Self-Development Tools and Maintenance, ISO Rates
| Source: AQS
HARTLAND, WI--(Marketwire - November 16, 2009) - AQS, Inc., a provider of policy administration
systems for property/casualty insurance, today announced that Swett &
Crawford, one of the country's largest insurance intermediaries, has
licensed AQS Access for its commercial property/casualty business.
"We've been searching for a solution that would allow us to accommodate
several carriers on a single system," said Terri Snell, Swett & Crawford's
chief administrative officer. "We'd faced challenges; but with AQS Access,
we expect to meet this objective and have greater self-development
flexibility. And we're able to bring the product management in-house,
which is what our goal has always been."
AQS Access is a policy administration system with complete rate-quote,
underwriting, and policy-management capabilities for all property/casualty
lines -- including self-service options for product configuration. It
integrates ISO Rating Service® and packages ISO's loss costs, rules, and
policy forms information.
"The architecture of AQS Access allows us to integrate with multiple
technology platforms within Swett, as well as those of our business
partners," added Chris Mitchell, Swett & Crawford's CIO.
"Being selected by Swett & Crawford is a milestone for both companies,"
said Dave Kerford, AQS's CEO. "For them, it gives them the tools and the
self-sufficiency they want in one application. For us, it demonstrates that
we can scale and adapt to the needs of carriers and MGAs such as Swett &
Crawford, giving both groups the ability to react quickly to ever-changing
business needs and product demands, along with an ISO-based rating system
for efficiency and compliance."
About AQS, Inc.
Since 1979, AQS has been providing policy administration and
business-support services to property/casualty insurers, supporting all
transactions for all lines of business in all 50 states. AQS products
deliver scalability and interoperability, using web services and .NET
architecture to maximize extensibility, optimize integration with other
systems, and automate the entire policy lifecycle. For more information,
please visit www.aqssys.com.
About Swett & Crawford
For more than 95 years, Swett & Crawford has delivered exceptional
expertise and service to the commercial insurance marketplace as a
wholesale insurance broker, serving as an intermediary between independent
insurance agents and the nation's top insurance carriers. For the last four
years, readers of Business Insurance magazine have voted Swett & Crawford
"Best Wholesaler." Swett & Crawford works with retail insurance agents or
brokers to provide comprehensive, cost-effective commercial coverages and
specialty programs for a wide variety of risks, including exceptional
access to more than 200 standard and specialty carriers, domestic and
foreign. Swett & Crawford also has in-house binding authorities, exclusive
insurance programs for niche businesses and industries, the ability to
identify untapped market capability and capacity and the breadth and depth
of marketing expertise of nearly 850 brokers, underwriters and support
professionals.