New version of surety workflow software reduces costs and improves efficiency for insurance agencies that sell surety bonds
WESTBROOK, ME – March 24, 2010 – The Insurance Automation Group, a Workgroup Company and Applied ConneXion® Integrating Vendor, announces that it has released Version 4.4 of its iAutomate: Erlon Surety software, a surety workflow automation solution that reduces the costs and the potential for error in developing and managing surety bonds. The new enhancements include the ability to manage dividends associated with Texas-based construction projects, to electronically transmit bid-bond data, and to improve navigation and workflow. New updates include:
- Texas Dividends Module: This new feature enables agencies that write bonds for Texas-based projects to calculate and manage the dividends given to contractors that successfully complete contracts on time with no claims. iAutomate: Erlon Surety enables agencies to calculate premiums based on SFAA rates, as well as manage the process of collecting the dividend owed by the surety and remitting payment to the contractor.
- Surety2000 Interface: iAutomate: Erlon Surety now integrates directly with e-commerce surety bond repository Surety2000, which enables agencies to submit surety bid bond data electronically, reducing clerical errors and streamlining their surety workflow processes.
- Bond Processing Options Toolbar: Buttons used to process bonds have a new static toolbar at the top of the screen.
- Improved Search for Contract Bond Job Name Field: This field is now driven by a unique word look-up rather than via pull-down menu, slashing the time required to find a specific job.
- Principal Bond Card Redesign: The Principal Bond now displays the most commonly used information in the leading columns.
“Our community of users relies on iAutomate: Erlon Surety to streamline their surety bond departments’ workflow,” says Jeff Bucci, National Sales Manager, Insurance Automation Group. “They provide solid ideas that help us enhance the software, enabling surety departments to save time and money, improve efficiency, and build their surety business.”
About Insurance Automation Group
The Insurance Automation Group is a wholly owned subsidiary of Workgroup Technology Partners, a provider of advanced technology solutions and services based in Westbrook, Maine. The Insurance Automation Group develops software solutions that help insurance firms and Plans grow their businesses and capture more revenue without adding personnel overhead. The product line includes iAutomate: Erlon Surety, iAutomate: SmartForms, iAutomate: ABTS Benefits, iAutomate: Recovery CaseManager, iAutomate: OPL CaseManager and iAutomate: Overpayment CaseManager. The Insurance Automation Group is an Applied ConneXion® Integrating Vendor. For more information, call 207-856-5300 or visit www.insuranceautomationgroup.com.
Contact:
Jeff Bucci
Insurance Automation Group
207.856.5325
jeff.bucci@insuranceautomationgroup.com
Alison Harris
Harris Media Services
207.829.4500
