|By Business Wire||
|March 19, 2013 11:15 AM EDT||
Agencyport Software, the leading provider of policy distribution software and services to the property and casualty insurance industry, today announced the immediate availability of BookSmart® 2.5, the latest version of its one-of-a-kind book roll migration and analysis solution.
BookSmart® is the market’s only proven, automated solution for migrating and analyzing P&C books of business, allowing carriers to easily and accurately acquire bulk data from agents; migrate bulk data between internal policy administration systems or carrier to carrier; evaluate internal rating and underwriting; and analyze their agents’ books of business—all within a single system.
The latest version of BookSmart® adds Data Encryption At Rest functionality, ensuring that data residing within carriers’ databases is encrypted, even before being transmitted anywhere. This new security feature is in addition to the social security number masking feature that BookSmart® has always provided. BookSmart® 2.5 also adds capabilities for Standalone Personal Umbrella business and Multi-Location Personal Homeowners policies. These join the other 9 personal and commercial lines of business that BookSmart® currently handles.
Steve Hauck, Co-CEO of Agencyport said: "With each release, BookSmart® builds out its position as the leading automated solution for analyzing and migrating books of business. Added security and more lines of business within the 2.5 version means more product value for more types of carriers.”
Agencyport Software makes the business of insurance more efficient through technology innovation. We offer the world's leading web-based distribution technologies and robust business intelligence tools—a powerful mix that makes the complex business of insurance easier and smarter, and helps our customers seize opportunities and gain a competitive edge quickly. Follow Agencyport on Twitter at @Agencyport and online through our blog, Insight: An Agencyport Blog at www.agencyport.com/blog/.