Columbia, S.C. – April 30, 2012 – SpeedBuilder Systems, Inc., a leading provider of software and services for the insurance industry, today announced that Michigan-based Fremont Insurance is live with Worker’s Compensation on the BindExpress Policy Suite, the eighth commercial line the company has added in just the last 20 months. The BindExpress Suite allows internal underwriters and external agents to process all insurance transactions – from new business quotes, to out-of-sequence and two-term endorsements – all on a 100% web-based platform. With over 2,000 configuration options, BindExpress allows carriers to setup and edit most any function, adjusting quickly as market needs change.
“Not only has Fremont simplified work comp quoting, but their system also displays prices real-time as I enter each field,” said Wayne Blackwell, owner of Blackwell Insurance Agency in Grand Rapids, MI. “This means I can customize and sell individual coverages quickly and easily, on a single entry screen.”
“We started this project in mid-December,” said Dave Mangin, CIO of Fremont Insurance Company. “As with other lines, configuring Workers Compensation on BindExpress was fast and relatively easy. In addition, the new “rate-as-you-go” technology gives Fremont yet another leg up on the competition, demonstrated by the positive feedback from our agents, and our continuing, profitable growth.”
About Fremont Insurance
Fremont Insurance is a subsidiary of the Auto Club Group, servicing the Independent Agents of Michigan. The company has been a Pure Michigan company since 1876. Dynamic Products, Exceptional Service, Competitive Pricing, and Advanced Technology have made Fremont Insurance one of the fastest growing and most respected companies operating in Michigan. For more information about Fremont Insurance you can visit the company online at www.fmic.com, find them on Facebook at www.facebook.com/FremontInsuranceCo, or follow them on Twitter at www.twitter.com/FremontIns.
About SpeedBuilder Systems
SpeedBuilder Systems, Inc. (www.speedbuildersystems.com) offers large enterprise-class solutions for small-to-medium sized P&C insurance carriers. The BindExpress Suite is an integrated set of components including policy administration, rating, automated underwriting, agent and consumer portals, product configuration, billing, automated workflow, analytics, and document generation. Built using open source technologies, the BindExpress Suite improves ease-of-doing-business for both consumers and professionals, reduces the time-to-market for delivering new products, and extends the life of both new and legacy systems.