For Immediate Release
National Grange Mutual
Licenses Insure3
Rapid Insurance Product Innovation and Customization Are The
Keys
Toronto, Ontario, May 15, 2001
- Castek Software Factory Inc., a provider of enterprise-wide
processing systems for financial services, is pleased to announce
that National Grange Mutual Insurance Company (NGM) has licensed
Castek's Insure3 policy administration and claims processing
systems. NGM's goal is to provide best in class service to its
agents, to streamline transaction processing through the Internet,
to provide much quicker time to market for new and customized
products, and to achieve a high level of customer satisfaction.
"NGM's
commitment to service - and the due diligence of their
RFP process - makes us especially happy to have been
selected for this contract," says Stephen Carson,
Castek's president and COO. "Insure3's
tool for rapid product innovation and customization,
and its ability to integrate with all core business
processes makes it uniquely adaptable to NGM's current
and future insurance and agency network needs."
Founded
in 1923 by Grange fraternity members, NGM writes over
$400 million in premium for personal and commercial
lines products. Today, NGM is a multi faceted company
writing business in 16 states and partnering with the
best independent agents in the industry, backed by superior,
personal service. NGM's corporate headquarters are located
at 55 West Street, P.O. Box 2300, Keene, NH 03431.
"Castek
invited us to influence the development of their new
claims solution and enhancements to the current policy
administration modules," says Jeanne Eddy, Executive
Vice President at NGM. "They were as interested
in helping us maximize our success as they were in making
the sale. That's not what vendors do - that's what partners
do."
"To
enable NGM's business goals, we needed an extremely
flexible solution that could be implemented successfully,"
says Bill Garvey, Director, Corporate Systems at NGM.
"In Castek's Insure3 products we found
a solution that is built to support change, and backed
by a team of professional and knowledgeable personnel,
focused on our business.
About Castek
Castek Software Factory Inc. is the premier provider
of Internet-age, component-based software solutions.
The company specializes in the development of strategic,
component-based business software solutions to the financial
services sector, with a specific focus on the P&C insurance
sector. Founded in 1990, Castek is recognized as the
pioneer and leading practitioner of component-based
development. For more information about Insure3
visit the company web site at www.castek.com