Amalgamated Casualty Insurance Company Deploys PCMS Atlas™ System to Streamline All Business Processes
Selection Driven by Functionality, Innovation, Ease-of-Use And Carrier Partnership
DALLAS/WASHINGTON. – May 6, 2013 – Amalgamated Casualty Insurance Company (ACIC), a leading insurance company providing specialty transportation coverage, and PCMS, a leading provider of software and services for the P&C insurance industry, announced today that ACIC has selected and deployed PCMS’ Atlas™ system as its new platform for rating, underwriting, policy administration, billing, claims management and reporting.
ACIC and PCMS implemented the Atlas™ product suite for the company's commercial lines products, followed by rollout of the AgenTree™ product for their independent agencies and consumer portal for insured policy/claim management. In addition, ACIC is already enjoying the benefits of PCMS’ real-time web management tools for the home office, agency and customer.
As part of an effort to strategically transform the company's IT infrastructure and enable more rapid processing of insurance business for policyholders and its agent network, ACIC set out to find a new administration suite. Their exhaustive search pointed to PCMS, which offers a modern platform and comprehensive functionality offered by a company with significant industry expertise and experience in catering to small to mid-sized carriers.
Atlas™ is the property/casualty insurance industry's most comprehensive and technologically advanced insurance processing solution. Atlas successfully modernizes policy/claim administration, billing, reinsurance, document management, data warehouse, and real-time agency & consumer management portals.
During the exhaustive selection process, PCMS’ references, commitment to modernizing and streamlining applications, and philosophical approach in forming true partnerships with the carrier were instrumental in the decision making process.
"We were seeking a comprehensive technology suite to best fit our strategic business needs," said Patrick Bracewell, Chairman and CEO of ACIC. "After a thorough evaluation process, we decided to work with PCMS because of the solid functionality of the Atlas system. In addition, PCMS has a ‘partnership-like’ approach to pricing which, for a small growing company such as ours, we found to be very appealing.”
"We are proud to partner with ACIC and aid them in the modernization of their IT operations," said Mark Goldman, Sr. Vice President of PCMS. "Our products will empower their staff and help ACIC accelerate growth in these evolving competitive markets."
Amalgamated Casualty Insurance Company (ACIC) is a commercial lines insurance carrier in Washington, D.C. and has focused on providing insurance coverage to specialty transportation businesses since its founding in 1938. ACIC has been given a financial strength rating of “A-” (Excellent) by A.M. Best, a leading credit rating agency for insurance companies
PCMS is a leading provider of information technology to the Property and Casualty insurance industry. PCMS offers comprehensive administrative software solutions including underwriting and policy administration, claims management, and billing. PCMS’ product suite enables small to mid-size carriers to benefit from sophisticated, modern, real-time solutions. PCMS is changing the standard for Property and Casualty administrative software systems through honest, unique pricing models, hands-on customer service and use of the latest Microsoft .NET development tools.
For more information, visit www.pcmstech.com or call (214) 580-5660.