News & Releases

PCMS Deploys End-to-End Workers Compensation Solution, Triangle Insurance Companies Goes Live with the Compass™ System

PCMS meets Triangle’s aggressive timeline to convert, implement and deploy its end to end solution for administering its workers’ compensation insurance offerings.

Triangle

DALLAS and ENID, Okla. – May 22, 2013 – PCMS meets Triangle’s aggressive timeline to convert, implement and deploy its end to end solution for administering its workers’ compensation insurance offerings.

Triangle Insurance Companies (TIC), a leading insurance carrier providing specialty commercial lines products throughout the Midwest and southern U.S., and PCMS, a leading provider of software and services for the P&C insurance industry, announced today that TIC has selected and deployed PCMS’ Compass™ system as its new platform for rating, underwriting, policy administration, billing, claims management and reporting for its workers compensation line of business.

As part of an effort to integrate and streamline its’ workers compensation business, while reducing IT expenditures, TIC set out to find a new administration suite, the only logical choice was PCMS’ Compass system.

“As with all conversions, integration of the data from our previous software provider was both voluminous and complex. PCMS worked diligently to convert our data in a timely and accurate manner. In addition, they have been able to modify the Compass system to satisfy the nuances particular to our book of business,” said Audra Welcher, vice president, Workers Compensation Division, TIC. “We look forward to working with PCMS as we move forward on the Compass platform. We appreciate their commitment to further customize and develop the Compass system to meet our needs and demands as we continue to grow and expand.”

Compass is based on the Atlas platform, one of the property/casualty insurance industry's most comprehensive and technologically advanced p&c insurance processing solutions. Atlas successfully modernizes policy/claim administration, billing, reinsurance, document management, data warehousing, and real-time agency & consumer management portals.

"We are excited to launch our workers compensation product and partner with TIC on improving their processes and enhancing their user experience. We were committed to meeting TIC’s aggressive deadline to implement and exceeded expectations," said Mark Goldman, Sr. Vice President of PCMS. "TIC is already experiencing the benefits, and we look forward to our continued partnership."

About TIC

Triangle Insurance Companies (TIC) is a commercial lines insurance carrier in Enid, OK and has focused on providing commercial insurance coverage to regional Agri-Business and Petroleum Marketers since its founding in 1916.

About PCMS

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.

Contact:

Caroline Rad
(214) 989-6399
crad@pcmstech.com