Security Mutual Insurance Company Goes Live on the Finys Suite

The Ithaca, N.Y.-based personal and commercial lines insurer has its first five lines in production.

(Image credit: Will Barkoff/Unsplash.)

Finys (Troy, Mich., developer of the Finys Suite, a platform of integrated modules for processing personal and commercial property/casualty insurance, announced that Security Mutual Insurance Company (Ithaca, N.Y.), has gone live with its first five lines of business on the the Finys Suite, a platform of integrated modules for processing personal and commercial property/casualty insurance developed by Finys (Troy, Mich.), according to a vendor statement.

Kurt Diederich, Co-Founder and CEO, Finys.

“By implementing the Finys Suite, Security Mutual is making a commitment to its agents and the ease with which they do business with the company,” comments Kurt Diederich, co-founder and CEO, Finys. “At the same time, the company is making a commensurate commitment to its policyholders in efficiency and responsiveness. We look forward to a long, mutually rewarding relationship with Lauren Belfiore, Director of Info Systems and her team.”

Security Mutual is now in production on Finys with all commercial lines, including Artisan, Businessowners Special Multi-Peril, Commercial Fire, and General Liability, according to the Finys statement. Personal lines are being implemented and are expected to be in production by the end of 2024. The implementations include 17 integrations to third-party systems and data sources.

Enabling Agents to Write More Business

“We’re excited about the potential upside,” comments Ron Wilder, president and CEO, Security Mutual. “Finys will help our agents write more business by providing speed to market with new products and with adjustments to current products. The staff members at Finys have been incredible.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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