InsLogic Goes with Pivotal for eInsurance Service
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[Vancouver, CANADA] InsLogic today selected Pivotal's XML-based Demand Chain Network solution suite to create personalized Web services and products for companies in the insurance industry.
InsLogic expects to use the Pivotal suite for enabling companies to easily create an Internet presence to provide personalized insurance solutions.
The company provides turnkey, private label eInsurance agency solutions that leverage client brands. It delivers infrastructure, technical, and operational resources for companies that offer insurance, including banks, Web portals, broker-dealers, and traditional insurance brokers.
As a result, companies can directly sell insurance services online from a range of insurance suppliers. Serving as the licensed broker, Inslogic transparently links insurance buyers with the appropriate products and services.
"The ability to capitalize on the Internet as a fast, cost-effective medium for insurance transactions and interactions is critical to compete effectively in the insurance industry," said Peter Berczi, Inslogic president and chief executive officer.
"The Pivotal Demand Chain Network solution suite enables us to enhance our eInsurance solution with powerful eCommerce, Web-based selling and CRM capabilities."
InsLogic Corporation's insurance solution connects consumers and a variety of brand partners by way of a hybrid agency and technology business model. It helps to lower the cost of customer acquisition by replacing inefficient traditional marketing techniques with targeted efforts designed to retain clients and cross-sell the services of their partners.
It is a subsidiary of Onex Corporation (TSE: OCX) a diversified Canadian company with revenues of Cdn $20 billion, assets of Cdn $16 billion and 83,000 employees worldwide.
Pivotal Corporation (NASDAQ:PVTL, TSE:PVT) helps large and medium-sized businesses worldwide to make, serve, and manage customers with speed and efficiency by providing XML-based demand chain networks that deliver personalized customer services across every touch point in real-time.
These networks unify Internet commerce, CRM, eSelling, and wireless technologies to manage collaborative relationships between customers, business partners, and employees. Its solutions are sold in 35 countries to more than 1000 customers, including KPMG, Nissan, NEC, HarperCollins, Deutsche Bank, and Deloitte & Touche.
For more coverage on these two companies, see:
- Pivotal, webPLAN Integrate Demand and Supply Chains, August 30, 2000
- eCommercial.com Closes on $10.5 Million Financing Round, October 13, 1999
- Net Shepherd, Pivotal Corp. Enter New Relationship, September 23, 1999