Press Release
- Date:
- Thursday, August 23, 2001
- Contact:
- David Peikin
- Phone:
- (301) 918-0818
- Email:
- G1@schwartz-pr.com
Insurity Selects Group 1 Software for Address Data Quality
Insurance Industry Technology Provider to Offer Group 1's CODE-1 Plus with its Commercial Intellisys Solution
Group 1 Software (Nasdaq: GSOF), a leading provider of customer relationship management (CRM)-enabling software solutions, today announced it has been selected by Insurity of Hartford, CT to provide customer address data quality solutions.
A wholly owned subsidiary of ChoicePoint (NYSE: CPS), Insurity is a business process and technology firm providing a full range of products and services to the insurance industry. Insurity will resell Group 1's CODE-1 Plus address correction and verification software with its Commercial Intellisys offering, a commercial property and casualty underwriting, rating, and policy production system. CODE-1 Plus will be utilized to ensure the accuracy of policyholder address data as it enters the enterprise and to update existing address information.
"Verifying policyholder address information is an operational imperative to ensure that our communications reach policyholders in a timely manner," said Jeffrey Glazer, Executive Vice President at Insurity. "We selected CODE-1 Plus for this mission-critical function due to the strength of the solution and Group 1's leadership position in the data quality arena."
"We're pleased to have been selected by Insurity to verify address information as part of the Commercial Intellisys solution," said Bob Bowen, CEO of Group 1 Software. "Insurity's utilization of CODE-1 Plus underscores the value of our data quality solutions for businesses that must deliver important customer communications such as insurance policies accurately and on-time."
CODE-1 Plus increases direct marketing effectiveness and customer satisfaction by helping provide on-time delivery of mailings, goods and services. CODE-1 Plus validates, corrects, and formats every element of an address element. By verifying address information, companies qualify for significant postal discounts and eliminate the operational costs associated with improper delivery.
About Group 1 Group 1 Software (Nasdaq: GSOF) is a leading provider of customer relationship management (CRM)-enabling software solutions for data quality, marketing automation, customer relationship communications and direct marketing applications. Group 1's software systems and services enable 2,500 customers worldwide to market smarter by helping them find, reach and keep customers. Founded in 1982 and headquartered in Lanham, Maryland, Group 1's solutions are utilized by leaders in the financial services, banking, retail, telecommunications, utilities, e-commerce, and insurance industries. The company's customer base includes such recognized names as AT&T, Charles Schwab, Entergy, GEICO, L.L. Bean, and Wal-Mart. For more information about Group 1, visit the company's Web site at http://www.g1.com.
About Insurity Insurity, a business process and technology firm, is a ChoicePoint company (NYSE: CPS). Insurity serves the needs of insurance companies, MGAs, and financial services institutions, including more than half of the nation's top 20 carriers. Insurity has offices in Hartford and East Hartford, Conn.; Atlanta; Dallas; and Red Wing, Minn. Readers can obtain more information about Insurity by calling (770) 205-6604, Ext. 23, or by visiting the company's Web site at www.insurity.com.
About ChoicePoint ChoicePoint is the leading provider of credential verification and identification services for making smarter decisions in today's fast-paced world. The Company serves the information needs of insurance, business, government and individual customers, including Fortune 1000 corporations, asset-based lenders and professional service providers, and federal, state and local governments. ChoicePoint is committed to the responsible use of information and the protection of personal privacy as fundamental planks of the Company's business model. For more information about ChoicePoint, visit the Company's web site at www.choicepoint.net.