Every year, the CIO 100 Awards honor 100 companies that demonstrate excellence and achievement in innovation and business value. This year, Narragansett Bay Insurance (NBIC) was among the select few for a project lead by NBIC’s CIO, Mike Anselmo. Exigen Insurance is pleased to congratulate Mike and NBIC for their success and recognition for what CIO magazine describes as “using IT in innovative ways to deliver competitive advantage to the enterprise and enable growth.”
The award recognized NBIC’s Project Apex, a cornerstone of which is Exigen’s PolicyCore and BillingCore solutions implemented as SaaS. CIO magazine wrote: “NBIC’s new software-as-a-service insurance platform for policy administration, underwriting, product, distribution, billing and claims management has increased its revenue by providing faster customer service and automated underwriting, and by enabling agents to more quickly quote premiums and capture new business.”
NBIC was among just four insurance companies recognized in 2012. The others were Aflac, Horace Mann and Nationwide. More information about the NBIC honors is available at CIO.com.
To read a case study on the NBIC implementation, click here.