Insuresoft, a leading policy administration solution provider for property and casualty insurance carriers, announced today the formation of a partnership agreement with Yodil, Inc. of Charlotte, North Carolina. This partnership will bring greater insight and operational reporting capabilities to the already robust Diamond System.
Insuresoft customers can benefit from this partnership as they will have direct access to Yodil’s, Business Intelligence (BI) and data analytics solutions. This will allow them to gain additional business insight and will complement the Diamond System’s already strong operational reports. The integration between products will be accelerated by the utilization of the shared Microsoft technology stack.
“Yodil’s Business Intelligence and data analytics experience can help bring another value added service to Insuresoft customers.” stated Tony Villa, President and CEO at Insuresoft, “We look forward to a long successful relationship with the team from Yodil.”
“Given the number of carriers with which Insuresoft works, we’re going to be able to create effective economies of scale,” said Frederick Waite, CEO at Yodil. “The integration between the Yodil Platform and the Diamond System will be reusable for all present and future users of the system. In that sense, there’s a ripple effect to the benefit carriers will receive from this partnership.”
The Diamond System, Insuresoft’s award winning policy administration 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.
Insuresoft is a Microsoft Certified Partner and independent software vendor delivering insurance software to the property and casualty insurance industry. Insuresoft offers a suite of products and services that are configured to meet the unique needs of insurance companies and managing general agents in North America. Insuresoft is a privately-held company headquartered in University Park, Illinois, with offices in Tuscaloosa, Alabama. Visit www.insuresoft.com.