Business & Finance
Business and Finance
Business and Finance
Tue, June 9, 2009
Mon, June 8, 2009 FirstBest Systems, Inc.: AMERISAFE Live With FirstBest UMS for Workers' Compensation
ORLANDO, FL--(Marketwire - June 8, 2009) - [ FirstBest® Systems ], Inc., developer of [ advanced Underwriting ] Management Systems™ (UMS) that enable property and casualty insurance carriers to profit from better underwriting, today announced at the [ IASA 2009 Conference ] that AMERISAFE, Inc. (
"AMERISAFE selected FirstBest UMS to help us better communicate with our agent community and to help increase the volume and throughput of our submissions," said Geoff Banta, Chief Operating Officer at AMERISAFE. "UMS will improve agent collaboration, visibility and service -- key aspects of continuing to grow our business profitably. The AMERISAFE-FirstBest relationship is a true partnership; FirstBest has met and exceeded our expectations from day one."
Implementation of FirstBest UMS™ at AMERISAFE spanned seven months, followed by a two-month rollout. Users in the carrier's underwriting, sales and marketing departments, as well as its internal agency, have started to use the system. AMERISAFE is now launching FirstBest UMS™, branded as AMERISAFE "GEAUX," and plans to roll it out to more than 2,000 agencies. Once GEAUX is rolled out, AMERISAFE will be able to collaborate in real-time with its agent users via an online agent workspace with rapid upload, submission, and quote turnaround, all providing increased business transparency.
"In April, AMERISAFE received the first binding order on a UMS submission. As I reviewed every detail of this first submission, I recalled November 2007 when I first saw the FirstBest UMS™ system and watched in amazement at the possibilities for our underwriting department," commented Kelly Goins, Senior V.P. Underwriting for AMERISAFE. "Wow -- the vision and journey have come nearly full circle! We are excited to roll out UMS to agencies so that they too can benefit, understand our 'appetite' during the pre-qualification process, and see changes to submissions in UMS as they happen."
About AMERISAFE
AMERISAFE, Inc. is a specialty provider of workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging, agriculture, oil and gas, maritime and sawmills. AMERISAFE actively markets workers' compensation insurance in 30 states and the District of Columbia. The company's financial strength rating is "A-" (Excellent) by A.M. Best. More information is available at [ www.amerisafe.com ].
About FirstBest
FirstBest® Systems, Inc. delivers [ advanced Underwriting ] Management Systems™ (UMS) that enable insurance companies to write more business and write better business. The FirstBest UMS™ combines a next-generation [ underwriting workstation ] with a rich [ agent portal ] for commercial lines carriers. Insurers can achieve greater speed and business agility, provide real-time collaboration to make it easy for agents to do business with them, promote enhanced underwriting discipline and best practices, scale their book of business profitably, and empower underwriters and agents with greater visibility into the business. [ FirstBest Agent ] is now offered as a stand-alone solution and provides carriers with all agency-facing capabilities to enable a faster path to market-driven ROI, while enabling ease of doing business with agents.
For more information, visit [ www.firstbest.com ] or call 1.888.863.6095.
FirstBest is a registered trademark of FirstBest Systems, Inc. UMS and Underwriting Management System are trademarks of FirstBest Systems, Inc. All other trademarks are property of their respective owners.
