NEW YORK, June 23, 2008 (PRIME NEWSWIRE) -- FJA-US, Inc., a leading provider of custom software solutions for the insurance industry, is pleased to announce Blue Shield of California has licensed the company's flagship offering, the Product Machine, for their Product Engineering group.
The multi-year project is part of Blue Shield's strategy to make things easier for its customers and business partners by simplifying the product development process. The Product Machine provides an end-to-end solution to centralize and share product information with all downstream systems without redundantly coding product. The inherent benefits of centralization, collaboration and availability of information bring accuracy and consistency across systems and offer Blue Shield of California an opportunity to significantly improve speed to market for new and revised insurance products.
"Integrating FJA's Product Machine and Plan Configurator will allow us to be quicker to market, establish greater automation, and improve the work quality and efficiency of product implementation processes, such that we strengthen core services provided to customers and business partners," said Bob Wadsworth, vice president of product development at Blue Shield of California.
Blue Shield of California chose FJA-US, Inc. for its market leadership position in the product development space. FJA-US, Inc. is a subsidiary of Munich, Germany-based FJH AG, a leading consulting company and software provider focusing specifically in the insurance space.
For further information, please contact Marc Dutton, president of FJA-US, Inc. via phone (212-840-2618) or via email (marc.dutton@fja-us.com).
NOTE: Except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially.
About Blue Shield of California
Blue Shield of California, an independent member of the Blue Shield Association, is a not-for-profit health plan dedicated to providing Californians with access to high quality care at a reasonable price. Founded in 1939, it now has 3.2 million members, 4,500 employees, one of the largest provider networks and more than 20 office locations, providing a wide range of commercial and government products throughout the state. The company has contributed $100 million over the past three years to the Blue Shield of California Foundation to fund nonprofit organizations that improve access to quality health care in California. Contact your local agent or broker for more information about Blue Shield products and services, or visit the Blue Shield web site at www.blueshieldca.com.
Blue Shield and the Shield Symbols are registered service marks of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans.
About FJA-US
FJA-US, Inc., combines expertise in actuarial science, business and technology to deliver packaged and custom software solutions for the insurance industry. Our core offering is the Product Machine, which helps companies shorten the time and reduce the cost of product development. In addition, the company offers applications that cover Sales & Service, illustration/proposal, plan configuration and rating. FJA also offers an extensive portfolio of services ranging from the design, implementation and testing of software through to data migration and consulting. FJA-US, Inc. headquartered in New York City, is a subsidiary of FJH AG, Munich Germany, a leading consulting and Software Company specializing in the insurance industry. Founded in 1980, FJH has been listed on the Frankfurt stock exchange since 2000. The group has expertise in all major product lines and has implementations in 26 countries around the world.