(Image of Actinidia polygama, also known as Silver Vine.)
Core system vendor IDMI Systems (Warner Robins, Ga.) has rebranded as Silvervine Inc. The new name was developed based on user feedback that the corporate band should better reflect the vendor’s commitment to delivering competitive advantage to P&C carriers through growth, agility and product speed-to-market. As IDMI, the vendor has been serving the P&C insurance industry for more than 19 years, and has what it characterizes as a growing customer base of over 34 insurance organizations.
“The Silvervine name is derived from the fast-growing silver vine plant, and establishes a key theme for the company,” comments Gary Martin, general manager, Silvervine. “Moving forward, the company’s product initiatives and roadmap will continue to be customer-driven, so as to stay in step with the needs of and trends in the P&C market. As Silvervine, we will continue to grow the quality of our products, invest in the growth of our employees, and promote the growth of our customer base in the P&C insurance market.”
As part of the new brand, Silvervine also launched a new website with expanded educational content and a resources section accessible by company type or individual role, so customers can easily access information needed for better decision-making. Additionally, the website provides the most timely information on the Silvervine solution (formerly known as IDMI’s PTS solution) for small to mid-sized P&C insurance organizations, including insurance companies, managing general agents (MGAs), managing general underwriters (MGUs), third-party administrators (TPAs) and self-insured entities, needing to automate critical core administration (policy, billing and claims) processes.
Plans for product enhancements in 2015 include adding tools which will enable a greater degree of customer control and self-service, as well as:
- Improved content management and document creation capabilities;
- Better insight into critical data via upgraded analytics and reporting functionality; and
- An expansion of mobile capabilities via a planned app.