(Photo credit: Anthony Quintano.)
AmTrust Financial Services, Inc., a New York-based global specialty property/casualty insurer, has implemented Bond-Pro’s (Tampa, Fla.) surety platform into production in less than 90 days, according to a statement from the vendor. AmTrust utilizes Bond-Pro’s solution to streamline account management, bond issuance, reporting, and other Surety related functions.
The rollout bolstered AmTrust’s technology infrastructure by providing a best-in-class surety management and automation system hosted on Bond-Pro’s SaaS platform, the vendor statement asserts. Bond-Pro Carrier Edition will assist AmTrust in rapidly growing its surety book while reducing its processing costs and underwriting turnaround time, the vendor says.
“We engaged Bond-Pro to implement a comprehensive enterprise-level solution that enables our team to manage our entire surety business in real time,” comments Sam Zaza, President of AmTrust’s Surety division. “Their solution makes it easier to engage our agents, better manage our risk, and drive profitability. Bond-Pro is a true partner to AmTrust ensuring on time and in budget software delivery.”
Quickly Realizing Value
Bond-Pro has focused on accelerating implementation projects and shortening the time to production, enabling its clients to quickly recognize value, according to Fred Duguay, the vendor’s CEO. “This has been fueled by improving our implementation methodologies and incorporating best practices from lessons learned. It’s a testament to the combined maturity of our team, processes, and software technology platform.”