Congratulations to Narragansett Bay Insurance Company (NBIC) on their 2011 Vanguards in Insurance Practices Award. NBIC won third place in the prestigious Best Practices category. We are very pleased that our nomination of NBIC for its deployment of Exigen PolicyCore and BillingCore as software-as-a-service (SaaS) was recognized by the awards panel, which consisted of Insurance Networking News editors, its editorial advisory board of industry experts, and Celent’s top insurance research analysts.
“What impressed the panel about the NBIC nomination,” said Ben Moreland, senior analyst, Celent, “was the successful and pioneering deployment of SaaS core systems for legacy replacement and the strong results across the board, including such areas as new business quoting, operational efficiency and agency roll-out and adoption.”
According to Mike Anselmo, CIO, Narragansett Bay Insurance, “NBIC is growing rapidly and this success would not have been possible without the SaaS deployment that got up and running quickly and the highly-configurable solution that gives us the business agility to quickly service customers and add products, states, and producers.”
For more information about the award, go to the full announcement.