Insuresoft, a leading provider of insurance software, announced today that Elk Grove Village, Illinois based KAI Advantage Auto, Inc. (a subsidiary of Kingsway America, Inc.) has rolled out The Diamond System in a hosted (ASP) environment for their policy administration system for their non-standard auto line of business in Indiana.
“The hard work that both Insuresoft and KAI Advantage Auto have done on this project over the last few months has culminated with the processing of our first new business transactions using The Diamond System via our website
,” stated Roger Beck, President & COO at KAI Advantage Auto, “Our excitement continues to grow as we look forward to our upcoming roll out in Illinois.”
The Diamond System is a fully automated and integrated policy administration system for both personal and commercial lines insurance carriers. The Diamond System can be implemented as a component based or enterprise solution for policy, billing and claims processing. Built on the Microsoft .NET platform, it has a services-oriented architecture that enables web-based access for agents, consumers and other insurance carrier partners. It can be deployed as an on-premise or hosted solution for property and casualty carriers of all sizes.
“Rolling out Indiana for KAI Advantage Auto on our ASP model is just the beginning,” states Bradley Stoub, Vice President of Sales at Insuresoft, “KAI Advantage Auto is committed to using technology to continue to help them grow and prosper in a very competitive non-standard auto market. Insuresoft is proud to be a partner with KAI Advantage Auto.”
About KAI Advantage Auto, Inc.:
KAI Advantage Auto Inc. is a wholly owned subsidiary of Kingsway America Inc. The Kingsway America, Inc. group of companies focuses on non-standard automobile insurance in the United States of America. Kingsway’s primary businesses are involved in the insuring of automobile risks for drivers who do not meet the criteria for coverage by standard automobile insurers. Kingsway America, Inc. is a wholly owned subsidiary of Kingsway Financial Services, Inc., whose shares are listed on the Toronto Stock Exchange and the New York Stock Exchange under the trading symbol “KFS.”