MONCTON, NB, Canada (PRWEB) October 17, 2006 -
Whitehill Technologies, Inc. today announced the release of Tracker 6.4, designed to work with SERFF version 5 being released by NAIC (the National Association of Insurance Commissioners) on October 30, 2006.
SERFF, the System for Electronic Rate and Form Filing, is an electronic system that lets insurance companies file products with the U.S. Insurance Departments for approval. WhitehillÂs Tracker 6.4 integrates seamlessly with SERFF and extends its capabilities, letting insurers automate the entire process of researching, preparing, submitting and tracking the status of filings for new and revised products.
WhitehillÂs Tracker software reduces filing times by 50% over SERFF alone. Tracker does this by eliminating inefficient manual processes, and enabling the creation of multi-state filings en masse. TrackerÂs direct integration with SERFF means users are spared the time-consuming tasks of converting filing documents and uploading them to SERFF. Communications from the State Insurance Departments are sent back to Tracker allowing the entire filing package to be stored electronically by the insurer, providing a secure archival record of the process.
ÂSpeed to market is critical for companies in todayÂs competitive environment,Â says Debbi Marquette, Director of Compliance Solutions, Whitehill Technologies, Inc. ÂTracker 6.4 helps insurers get new products to market faster by automating the whole process, from creating state-specific language, to submitting all documents from a single interface, to providing status updates and reports on rates, rules forms and advertisements.Â
About Whitehill Technologies Inc. (http://www.whitehilltech.com)
Whitehill Technologies, Inc. develops and implements document and compliance automation software that helps insurance companies and legal firms accelerate key business processes. WhitehillÂs InSystems line of software helps get new products to market faster by speeding up development and regulatory filing processes. More than 1,000 customers in 45 countries, including more than half the largest 100 insurers in North America, have used Whitehill software to personalize and accelerate the way they communicate with customers, getting the right information into the hands of the right people at the right time. Whitehill is a privately held company with more than 200 employees in Canada, the United States and the UK. Whitehill is headquartered in Moncton, New Brunswick, Canada.
For further information, or to arrange for interviews, please contact:
Whitehill Technologies, Inc.
lreid @ whitehilltech.com