AMERISAFE Partners With FirstBest to Transform Underwriting; Leader in Workers' Compensation Coverage to Provide Real-time Collaboration with Agents
Insurance software provider FirstBest Systems announced that AMERISAFE, Inc. (Nasdaq: AMSF), a specialty writer of workers' comp insurance for hazardous industries, has selected FirstBest's advanced Underwriting Management System™ (UMS) to provide real-time collaboration with their agents and progressive agency capabilities while significantly increasing submission volume. The FirstBest UMS™ combines a rich agency portal with next-generation underwriting capabilities for commercial lines carriers.
Bedford, Mass., and Deridder, La. (PRWEB) October 20, 2008 -- FirstBest® Systems, Inc. today announced that AMERISAFE, Inc. (Nasdaq: AMSF), a specialty writer of workers' compensation insurance for hazardous industries, has selected FirstBest's advanced Underwriting Management System™ (UMS) to provide real-time collaboration with their agents and progressive agency capabilities while significantly increasing submission volume. The FirstBest UMS™ combines a rich agency portal with next-generation underwriting capabilities for commercial lines carriers.
AMERISAFE will leverage the FirstBest UMS to further establish market leadership, to enable closer relationships with agents, and to handle a significant increase in submission volume. The FirstBest UMS will help AMERISAFE improve agent visibility into submissions, streamline communications, promote best practices, and maintain underwriting quality. An online agent workspace provides agents with upload, quote delivery, submission status, and real-time collaboration between underwriters and agents.
"We are excited about the innovations FirstBest is bringing to our business. Our goal is to grow our business profitably by doing quality work faster, and to turn submissions around more quickly," said Allen Bradley, CEO of AMERISAFE. "FirstBest will help support our mission to consistently deliver superior results by focusing on the needs and demands of our agents."
"The agent is our key partner, and our goal has always been to provide as much openness and collaboration as possible with our agents. The FirstBest UMS will enable a higher level of service to our agents by enhancing our ability to communicate and provide real-time visibility into the underwriting process," said Craig Leach, EVP Sales and Marketing for AMERISAFE.
"AMERISAFE is a visionary in its commitment to applying advanced technologies to improve business performance, and is committed to the highest levels of customer service," said John Belizaire, CEO and Cofounder of FirstBest. "Even in a soft market, the FirstBest UMS will help AMERISAFE meet its growth targets with current resources, and enable increased focus on quality and customer service."
About AMERISAFE
AMERISAFE, Inc. is a specialty provider of workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging, agriculture, oil and gas, maritime and sawmills. AMERISAFE actively markets workers' compensation insurance in 30 states and the District of Columbia. The Company's financial strength rating is "A-" (Excellent) by A.M. Best. More information is available at www.amerisafe.com.
About FIRSTBEST
FirstBest® Systems, Inc. delivers advanced Underwriting Management Systems™ (UMS) that enable P&C insurance carriers to write more business and write better business. The UMS™ combines a rich agency portal with next-generation underwriting capabilities for commercial lines carriers. Insurers can achieve greater speed and business agility; provide real-time collaboration to make it easy for agents to do business with them; promote enhanced underwriting discipline and consistency; scale their book of business profitably, and empower agents, underwriters and management with greater visibility into the business. For more information, please visit www.firstbest.com or call 1.888.863.6095.
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