Answer Financial Wins Insurance Leadership Award in Technology from Insurance Association ACORD
Answer Financial, the nation’s leading independent insurance agent, was recognized this week with a leadership award from the Association for Cooperative Operations Research and Development (ACORD), a global non-profit insurance association. Presented at the 2006 ACORD LOMA Insurance Systems Forum in Las Vegas, the award spotlights the technological advances Answer has made to comparison shopping and buying of auto insurance, home insurance, life insurance and health insurance.
Los Angeles, CA (PRWEB) June 6, 2006 –– Answer Financial, the nation’s leading independent insurance agent, was recognized this week with a leadership award from the Association for Cooperative Operations Research and Development (ACORD), a global non-profit insurance association. Presented at the 2006 ACORD LOMA Insurance Systems Forum in Las Vegas, the award spotlights the technological advances Answer has made to comparison shopping and buying of auto insurance, home insurance, life insurance and health insurance.
Accepting the award for Answer Financial was Dr. Daniel Bryce, the company’s chief information officer. “Answer Financial was the first to provide consumers with truly actionable quotes online or from a licensed call center agent nationally,” said Bryce. “This required that we develop an innovative end-to-end interface between our system and hundreds of insurance companies. Those efforts have paid off, and today customers are able to make better informed decisions by using Answer’s real-time insurance quoting and buying service.”
Studies show that insurance rates for comparable coverage can vary by more than $500 for six months' worth of coverage. Answer’s innovative “quote results table” provides an instant comparison of real insurance rates from many different carriers, often as many as 6 or more. At Answer, consumers can conveniently and securely provide their personal and vehicle information just once, and then receive a true apples-to-apples comparison among competing insurance companies.
Answer's quoting, sales and servicing platform offers a broad range of insurance including auto, home, life, health, annuities, and specialty products in all 50 states.
The 14th Annual ACORD Awards recognized outstanding accomplishments and leadership in the implementation of standards in the industry. ACORD is a global, nonprofit insurance association whose mission is to facilitate the development and use of standards for the insurance, reinsurance and related financial services industries. Affiliated with ACORD are hundreds of insurance and reinsurance companies, and thousands of agents and brokers, related financial services organizations, solution providers, and industry organizations worldwide.
About Answer Financial Inc.
Answer Financial (www.answerfinancial.com) is one of the nation's largest independent insurance agencies, providing consumers with comparative quotes and custom policies from 400 top-rated insurance companies. Since pioneering its automated shopping engine in 1998, the Insurance Answer Center, Answer has delivered more than 20 million quotes for auto, home, life, health, dental and specialty insurance products in all 50 states. Consumers can consult with one of Answer’s 400 licensed Insurance Agents by calling 1(800) 233-3028, or they can visit www.answerfinancial.com to receive secure, real-time insurance quotes and buy their insurance policy Online. The Insurance Answer Center is also offered as a voluntary benefit program or cross-selling platform to hundreds of financial institutions, large employers and affinity groups serving millions of American families.
Answer Financial is a private company headquartered in Encino, Calif.
For additional information on insurance services, interviews are available with Dr. Daniel Bryce of Answer Financial Inc. To arrange, contact Jessica del Mundo at (310) 396-2400, or email jdelmundo at cswpr.com.
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