CaseRev Purchased by 2020 Capital Insurance, Inc.

2020 Capital Insurance, Inc. today announced that it has purchased the business of CaseRev and its innovative VenCore™ platform. VenCore™ helps insurance companies improve how they make, manage, and control work assignments to external service providers, across all service categories and across all service provider types.

Columbia, S.C. (PRWEB) December 16, 2008 -- 2020 Capital Insurance, Inc. today announced that it has purchased the business of CaseRev and its innovative VenCore™ platform.

VenCore™ (http://www.caserev.com) helps insurance companies improve how they make, manage, and control work assignments to external service providers, across all service categories and across all service provider types.

As a result of the acquisition, CaseRev's business will now be headquartered in Columbia, South Carolina. Paul Butare will serve as the President and CEO and Thomas (Bud) Buckwell has been retained as the Company's Chief Operations Officer. Taylor Smith will oversee the Company's marketing and business relationships.

"Our purchase of CaseRev and its VenCore™ platform is a logical next step in our continuing expansion of products that make our insurance customers more successful," said Paul Butare. "We have seen that our clients use fragmented and inconsistent processes to interact with hundreds and even thousands of service partners and vendors. VenCore™ can replace these inefficient processes with a centralized, flexible hub or pipe for all service partner interactions across the enterprise," said Butare. "For our customers and their service partners alike, this means greater speed, efficiency, customer service and cost control in an area of insurance transactions that has yet to be optimized."

About 2020 Capital Insurance, Inc.

2020 Capital Insurance, Inc. represents a group of investors, led by Paul Butare. The Company maintains a diverse portfolio, including companies with innovative products that improve the efficiencies and value of core insurance company operations.

About CaseRev

CaseRev helps insurance companies improve (http://www.caserev.com/solutions.asp?ContentId=41) how they make, manage, and control work assignments to external service providers. Its VenCore™ platform enables companies to build and maintain preferred networks of service partners in any service category, while also providing access to the industry's best service providers. Using Microsoft .NET technologies, VenCore™ helps adjusters, vendors, service partners and others in the insurance chain to streamline processes, control costs, and improve customer service - all while benefiting from advanced reporting and dashboard views of their service assignments. More information about VenCore™ can be obtained by visiting www.caserev.com, writing to info @ caserev.com, or by calling 866-957-1116.

Contacts

Taylor Smith

SVP, Marketing & Business Relationships

CaseRev

847-317-9167

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