ISCS Releases New Professional Liability Automation Solution

Fully Functional and Completely Customizable by Insurance Carriers and RRGs


SAN JOSE, CA--(Marketwire - May 28, 2009) - ISCS, the leading provider of property/casualty insurance policy automation solutions, is pleased to announce its newly developed professional liability lines product as an addition to the standard feature set of SurePower Innovation, ISCS's comprehensive, SOA-based insurance technology solution.

ISCS's property/casualty insurance company clients rely on ISCS to automate critical business processes, including underwriting, policy and claims management, reinsurance, billing and more. The SurePower Innovation customer base is growing steadily, due in part to ISCS's commitment to continual product development and how the results address today's market needs.

Highlights/Key Details:
    -- Roll out Professional Liability Lines Quickly: Insurance carriers
       and even risk retention groups (RRGs) can quickly and fully automate
       sales and support of professional liability coverage, including
       medical malpractice, fiduciary and other coverages for the following
       consumer groups:
       - Physicians
       - Dentists
       - Lawyers
       - Contractors
       - Architects
       - Accountants

    -- Benefit from Pre-integrated Insurance Automation: The new offering
       complements ISCS's automation of commercial package policies,
       business owners' policies (BOP), commercial auto, personal auto,
       homeowners and umbrella.  ISCS's SurePower Innovation provides
       administration and IT efficiencies, easy cross-company reporting,
       and enforcement of consistent company requirements -- across all
       lines and products.

Quote from Chad Hersh, principal in Novarica's Insurance Practice:

"As carriers continue to look to core systems replacements in record numbers to help them achieve speed-to-market, one of the key elements many of them look at is how quickly they can get lines up and running. The more lines a solution offers 'out-of-the-box,' the faster the implementation can be completed -- and at a lower risk of failure, as there are fewer unknowns to worry about."

Quote from Andy Scurto, president of ISCS, Inc.:

"Professional liability presents innate challenges to automate completely. Unlike the few solutions available, most of which deliver only partial automation, our product meets those challenges, delivering full automation, efficient pre-integration with the entire system, and optimal productivity gains."

Resources:

Download "The SurePower Innovation Technology Advantage" whitepaper for further information.

About ISCS

San Jose, Calif.-based ISCS offers SurePower Innovation® an SOA, web-based enterprise insurance automation system that includes personal, commercial, and specialty lines underwriting, policy management, claims management, reinsurance, customer billing/remittance processing and financial reporting, all with integrated document management. SurePower Innovation includes a rules-based data warehouse and document imaging client tool for broad indexing and LDAP-standards security.

For more information contact Phil Kiekhaefer, director of marketing and usability for ISCS, at 1-888-901-ISCS, phil.kiekhaefer@iscs.com or visit www.iscs.com.

Contact Information: Media Contact: Jennifer Overhulse-King St. Nick Media Services (859) 803-6597