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AQS Forms Strategic Alliance With Axiom
Agreement Adds Claims to AQS Policy Suite, Creates Distribution Channel for Axiom
| Quelle: AQS
HARTLAND, WI--(Marketwire - February 2, 2009) - AQS, Inc., a provider of policy administration
systems for property/casualty insurance, today announced a strategic
alliance agreement with Axiom, Inc. Under the terms of the agreement, AQS
becomes the marketing and selling partner for Axiom's .Claim (pronounced
"dot claim") system for property/casualty claims administration.
"This alliance enables us to offer a world-class claims product to our
customers and to other P&C insurers," said Dave Kerford, AQS' CEO. "The
functionality of .Claim is superior. It provides the cost-effectiveness
and convenience of being entirely Web-based. And on the heels of our
recent acquisition of AscendantOne (now AQS Access), it positions us to be
a comprehensive provider of P&C administration services."
.Claim was built with the help of adjusters, claims supervisors and
actuaries. It supports personal and commercial lines of business and
includes first notice of loss; automatic (intelligent) or manual
assignment; tracking for contacts, inspection, salvage, subrogation,
litigation tracking; activity logs (electronic and manual) with diary and
task-scheduling systems; catastrophe handling; financial transactions,
including bulk and recurring payments, check follow-up, positive pay, and
account reconciliation; and canned and ad hoc reporting.
"With the help of our premier technology partner, Vertical Alliance
Technologies, Axiom is pleased to announce this new strategic marketing
agreement with AQS," said Samir Salem, Axiom's President. "The agreement
gives AQS exclusive rights to market Axiom's flagship product, .Claim.
AQS' demonstrated commitment to the P&C market is exactly what we were
looking for in a partner. And their commitment to product excellence is a
perfect complement to our own. We look forward to sharing the power of our
alliance with our customers."
About AQS, Inc.
Since 1979, AQS has been providing policy administration and
business-support services to property/casualty insurers, supporting all
transactions for all lines of business in all 50 states. AQS products
deliver scalability and interoperability, using Web services and .NET
architecture to maximize extensibility, to optimize integration with other
systems, and to automate the entire policy life cycle. For more
information, please visit www.aqssys.com.
About Axiom, Inc.
Axiom, Inc., is a technology company based in Marietta, Georgia, with a
focus on Claims Management Systems for P&C insurance companies and expense
reports management. In addition to its products, Axiom also offers a wide
variety of hosting and software integration services. Axiom helps its
customers streamline operations and reduce expenses, helping them identify
and capitalize on their most important business and technological
opportunities, and providing solutions to their most critical challenges.
For more information, please visit www.axiomssc.com.