ORLANDO, Fla., March 31, 2008 (PRIME NEWSWIRE) -- Simsol announced today it has completed the interface between its ClaimsWire(tm) electronic claim assignment software product and the claims management software of National Flood Services (NFS), Inc. of Kalispell, Montana, a leading provider of flood insurance services for a number of the National Flood Insurance Program's (NFIP) Write-Your-Own (WYO) insurance carriers. The interface now enables NFS to electronically assign claims to any independent adjusting firm in the Simsol ClaimsWire(tm) assignment network.
John Postava, President of Simsol, stated, "In addition to streamlining the assignment process, ClaimsWire(tm) enables adjusters to upload PDF's created in Simsol directly to NFS, reducing the amount of time it takes to review and approve payment of flood claims." He continued, "ClaimsWire also uploads an XML data file containing data from the NFIP Preliminary Report and NFIP Final Report. The XML upload populates data fields in the NFS claims management system eliminating human data entry error and further shortening the flood claim payment cycle. The interface is a win-win for NFS, its clients and all those who incur flood damage and require accelerated payments of their claims."
About Simsol, Inc.
Simsol Inc. (Simultaneous Solutions, Inc.), founded in 1987, is a leading provider of property estimating and data analysis solutions to the insurance industry. Simsol is dedicated to providing insurance carriers, independent adjusters and restoration contractors with leading edge technology through its software applications. The company's current suite of products include both PC and web based applications for structure repair estimating, contents valuation, structure appraisal, electronic claim assignment and data analytics.
About National Flood Services, Inc.
National Flood Services, Inc. (NFS), a Fiserv(tm) company, functions as an insurance management organization servicing the insurance industry to support the National Flood Insurance Program (NFIP). Insurance Company clients refer to NFS as a "third party administrator." NFS operates as the "Flood Department" for a number of insurance companies participating in the federally sponsored NFIP "Write-Your-Own" (WYO) Program.
NFS was founded in 1985 in Chicago, Illinois to capture the opportunity to service the newly formed WYO Program as a Federally Approved Vendor. The Company moved to Kalispell, Montana in 1986. NFS has now been a provider of flood insurance service to the Property & Casualty Insurance Industry for over a decade with excellent annual growth.
For more information about NFS, contact them at 1-800-759-8656.