NEW CANAAN, Conn., May 5 (SEND2PRESS NEWSWIRE) — Prevail Consulting, Inc., a leading consulting and technology services provider for the property and casualty insurance industry, will be featuring their new Prevail Reinsurance
System at the 2008 Insurance Accounting and Systems Association (IASA) annual conference in Seattle from June 1-June 4. Prevail combines its strong reinsurance business expertise and support services with advanced technology
to roll-out an exciting new solution for reinsurance management.
According to Nat Curiale, Executive Vice President of Prevail, “It is by far, the most fully functioned, user-defined, rules-based reinsurance software solution in today’s market.” This reinsurance software utilizes advanced
technology and is web-based, supporting XML, SOAP, and integration with external systems. “Over the years, Prevail has been called upon to assist its customers to achieve their reinsurance-processing objectives,” Curiale
explained.
Recognizing the industry’s need for more comprehensive functionality and flexibility in a single, reinsurance-management solution, Prevail decided to leverage its reinsurance business and systems’ expertise to develop the Prevail
Reinsurance System. Curiale adds that, “It’s the best in its class for robust functionality and quick implementation of complex treaties.” Advantages of the Prevail Reinsurance System are: asset protection; operating cost
reduction; and audit of all financial transactions.
The use of XML and SOAP enables the Prevail Cession Web Service to be “application agnostic” and “platform independent.” That is, inward and ceded premium and loss data can be incorporated into websites and networks regardless
of the platform those downstream services use.
The launch of the Prevail Cession Web Service is a further milestone in the company’s strategy for making its Prevail Reinsurance System recognized in the industry as the best in its class for robust functionality and quick
implementation of the most complex reinsurance programs and treaties. The Prevail Reinsurance System contains robust functionality, with user-defined tables, rules-based and utilizes standard Microsoft software.
ABOUT PREVAIL
Since 2000, Prevail has been providing reliable and innovative technology services exclusively to the property and casualty insurance industry; it is clearly recognized by its clients for business expertise, commitment, and
ability to deliver quality work products in a cost-effective manner, no matter how complex the requirement.
As part of its offerings, Prevail delivers Application Development and Maintenance Support; Business Systems Analysis; Project Management Consulting; Independent Quality Testing; Data Migration and Integration; P&C Insurance
System Assessment; and Business Process Outsourcing.
For more information, contact Pilar Hoyos at: 203-972-7449; or email: phoyos@prevailconsulting.com. People may also visit Prevail at the IASA conference vendor booth #839; or
their web site at: www.prevailconsulting.com.