Connective Technologies, Inc. Announces TEAM-UP Contracts with 3 new P&C Companies
Houston, TX, (BusinessWire) February 10, 2009, Connective Technologies announces the signing of contracts with three new insurance carriers located in the Mid-West and Western states. Two carriers are licensing and implementing TEAM-UP Download™ and TEAM-UP Translation Solutions. The third carrier is licensing TEAM-UP Agency Portal/Bridging components for agency upload. The TEAM-UP suite of products provides once-and-done processing in an industry compliant, data-secure environment for agency upload, download, and ACORD standard data translations.
Dic Marxen, CEO of Connective Technologies comments, “Carriers’ desire to make it easy to do business in a straight-thru, real time processing environment as well as continuing to have to operate in a soft competitive market is driving high demand for our agency interface solutions. The goal to achieve quality customer care is no longer a nice to have but a must have and one that clearly raises the bar to new levels of efficiencies and effectiveness.” Marxen further commented that “although we are still faced with the tough challenges of profitability, due to high losses in our industry last year, Connective is committed to sustaining its core business philosophy for investing in our people, processes, and technologies and we believe that this is what has helped us achieve market dominance with our TEAM-UP suite of solutions.”
TEAM-UP Download is an Internet-secure offering being leveraged by more than 55 P&C carriers in providing accessibility to over 24,000 communicating agency pairs using more than 40 different agency management systems throughout every region in the United States. Now in its third major release, the product has matured to ensure agencies have a seamless migration from other download processes. The improved self-reliant features such as single-policy, real-time archival retrievals by the agents, improved group management distribution and tracking features that ease and accelerate the registration process for both agencies and carriers, have been implemented with TEAM-UP’s Service Oriented Architecture. This environment ensures a seamless fit into carriers’ existing agency portals and incorporates a single-process entry point at the agency for accessing multiple carriers downloads
About Connective Technologies, Inc.
Connective Technologies Inc. is a leading provider of e-Commerce business solutions for the property and casualty insurance industry, specializing in Internet interface solutions for carriers and their agents. Connective has used its many years of experience with leading agency management systems and traditional batch EDI to pioneer the approach, which has helped it become the leading provider of bridging and Internet-based interface solutions in the industry. Connective provides implementation services for its flagship products, TEAM-UP Upload, Download, and Translation Solutions, as well as Site Development and Web Services. To learn more about Connective products and services, contact Dic Marxen at (817) 377-0815, by email at: dmarxen@connectivetech.com, or visit our website at www.connectivetech.com.