Adventist Risk Management (ARM, Silver Spring, Md.), the risk management company for the Seventh-day Adventist Church delivering services for its captive insurance companies, has selected Insurity’s (Hartford) Insurance Enterprise View (IEV) software as its data integration program. The selection of IEV software expands ARM’s current portfolio of Insurity solutions which includes the Insurance Decisions Suite of core processing software to support its domestic and international business in billing and policy administration, the vendor reports.
The IEV software suite includes reporting and integration, data mapping, business intelligence, analytics and a data warehouse for all lines of business, delivered in an Insurity hosted environment for ARM. Insurity’s enterprise-wide data management solution will provide the reduced complexity with the lower total cost of ownership ARM is seeking, the vendor claims. ARM selected the IEV software because it delivers the full complement of data components in a single package, Insurity reports.
“We chose Insurity’s IEV software as it is the most comprehensive and mature insurance data solution on the market specifically designed for insurance carriers,” comments Bob Kyte, President and CEO, ARM. “We could not have matched IEV’s cost/benefit and functional capabilities with any other product or by combining other alternatives. The additional value delivered in enabling us to support our churches across the globe provides the pathway and flexibility we need for future growth.”
“Insurity values its partnership with ARM and is excited to have them join our rapidly growing community of IEV software customers to enable data integration, migration and management across the enterprise,” says Lani Cathey, SVP of Sales and Marketing at Insurity. “IEV delivers comprehensive data management for insurers that either require specific components or, similar to ARM, can benefit from the entire solution suite to utilize the role of business data as a strategic asset.”