FOR IMMEDIATE RELEASE
AMS adds six new carriers to TransactNOW,
surpassing the 50 Carrier Mark in record time
Arbella, CNA, Fireman’s Fund, Frankenmuth Financial Group,
Mutual Benefit Group, and Zurich are the latest to join
Bothell, Wash - April 14, 2005 – AMS Services today announced the total number of TransactNOW carrier partners has exceeded 50, with the recent addition of six new carriers for a total of 52 carriers. In less than two years, insurance carriers of all sizes have embraced TransactNOW.
TransactNOW enables all AMS customers to process business with their carriers using a real-time single-entry workflow direct from their management system. In addition to rapidly growing the number of carriers, AMS continues to work with carriers to grow functionality. The focus for year one was service transactions (inquiries, endorsements, and instant Web site sign-on via Carrier Passport). Year 2 then saw the addition of sales transactions (quote requests and new business issue transactions), which several carriers are now using, for both personal and commercial lines.
"CNA is excited to begin offering TransactNOW to our AMS agents", said Barbara Flanigan, assistant vice president, CNA Small Business. "We recognize that real-time interface direct from the management system is an essential part of an agent's daily workflow. We want all our agents with AMS systems to take full advantage of the efficiencies gained using TransactNOW."
Dave Shea, president of AMS Services adds, “We welcome these six new carriers to the TransactNOW network. We are committed to expanding our partnership with all our carriers to make it easier for agencies to do business through their management system in real-time. We are intent on partnering with agents and carriers in new and innovative ways and we look forward to adding more new carriers and features to TransactNOW.”
TransactNOW uses ACORD XML standards and Web services technology to integrate carrier functionality directly into the workflow of the agency management system. Transactions and carriers can be quickly added to TransactNOW and agents are able to access these additions immediately.
Developed in close cooperation with The AMS Users’ Group, TransactNOW is available to agencies using all AMS management system products. For further information, contact AMS at iisg@amsworld.com.
About AMS Services
AMS Services is a leading provider of innovative software products and services for independent insurance agents, brokers, carriers, banks, managing general agencies and other distributors of insurance and financial services. AMS technology solutions are the main desktop application for all sized agencies and help improve agent productivity and carrier/agent connectivity. To learn more about AMS products and services, call 800.444.4813 or visit our Web site at www.ams-services.com.
MEDIA CONTACTS:
Sue Milant
AMS Services
800.243.6204
press@amsworld.com