Skywire Software Releases New Reporting Tool for PPS
(PRLEAP.COM) FRISCO, TX – July 26, 2007 – Skywire Software, a leading provider of software and services for the insurance industry, today announced the availability of a new reporting tool for PPS, its industry-leading policy production system for Managing General Agencies (MGAs) and wholesalers. Using Skywire Software’s reporting tool insurers can easily extract data residing within the smart archive of PPS to create Lloyd’s Bordereau and other reports.Skywire Software’s powerful new reporting tool for PPS reflects the company’s continued commitment to innovation for the insurance industry and enabling its customer to solve business challenges. Companies can save hundreds of hours in work by avoiding duplicate data entry and additional report verification by using the tool to access policy production data and quickly generate reports.
One customer using the Skywire Software’s PPS reporting tool was able to extract data and create a report in one hour, which previously took six months to prepare. “The reporting tool works like a charm,” said Lauri Klotz, assistant vice president, Continental Special Risks. “The data pulls from PPS easily, and it’s quite easy to put together a report – much easier than any other product I’ve used.”
Skywire Software’s reporting tool for PPS is easy to install, set up and integrate within the existing PPS system. Strong export and import capabilities enable unlimited data exporting, flexibility in data exporting to Excel, Access, XML format, as well as visual mapping of forms and fields to data columns for simple report creation.
“Skywire Software is committed to investing in our offerings for the industry and the wholesale insurance market,” said Wendy Gibson, chief marketing officer, Skywire Software. “We continually listen to our customers and direct development of our market-leading software based on helping them meets their business needs.”
With hundreds of sites installed, Skywire Software’s PPS is the industry leader with one of the largest customer bases of all policy production systems, producing a substantial percentage of all policies produced each year. According to a recent NAPSLO survey, almost 70 percent of its general agent members and with more than 60 percent of it broker members using PPS to issue policies.
The number of wholesale insurance companies using Skywire Software’s market-leading PPS for policy issuance continues to grow. More than 100 customers have purchased the policy issuance system and related offerings during the past year.
Skywire Software’s PPS is a powerful application that enables efficient and economical policy issuance, including any user-defined transaction such as new policies, quotes, endorsements, cancellations and renewals, for all lines of business. By using Skywire Software’ PPS companies can cut policy issuance time by up to 70 percent and also cut policy issuance costs by up to 69 percent, all while handling more volume with existing staff.
Skywire Software serves more than 1,600 customers worldwide. More than 1,000 insurance companies, including hundreds of MGAs and eight of the top ten wholesalers, use Skywire Software’s insurance business applications and enterprise Customer Communications Management (CCM) software, professional services, and Business Process Outsourcing facilities.
About Skywire Software
Skywire Software is a leading software company serving the insurance, health care, utility, and financial services industries. The Company develops industry-specific software products that help companies integrate processes, people and information. With products and services that span a range of key functions, including rating, rules, underwriting, business intelligence, online management, data movement, and enterprise-wide document automation, Skywire Software is dedicated to providing an unparalleled customer experience to more than 1,600 customers worldwide. For more information, contact Skywire Software at 1-800-735-6620 or visit www.skywiresoftware.com.
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