Canal Insurance Company Selects Adaptik Cloud for Policy Administration

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Canal will use Adaptik's solution for Commercial Auto business

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The Adaptik Cloud is one of the most exciting technologies that we are offering our customers and we're delighted that Canal is taking advantage of it.

Canal Insurance Company and Adaptik Corporation today announced that Canal has selected the scalable, flexible and integrated Adaptik Cloud policy administration solution for its Commercial Auto business.

“As a leading commercial trucking and specialty transportation insurer, we needed a highly configurable policy administration platform that could both meet our complex business needs and integrate with the other systems we utilize,” said John DiBlanda, SVP and CFO of Canal Insurance. “Those goals made the Adaptik Cloud solution immediately attractive to us. The system’s configuration capabilities empower our business users to be more self-sufficient, and the robust integration architecture allows us to take advantage of our investments in our other systems. As a result, we have a high degree of confidence that our thorough search has led us to a policy admin solution that will greatly improve speed-to-market, reduce costs and mitigate risk.”

“We are proud that Canal has selected the Adaptik Cloud policy administration solution for their Commercial Auto business,” said John Pettit, President and CEO of Adaptik Corporation. “We are looking forward to a successful implementation and a strong continued partnership with Canal so they can continue to provide their policyholders with industry-leading product and services.”

“The Adaptik Cloud is one of the most exciting technologies that we are offering our customers and we're delighted that Canal is taking advantage of it,” said Anne Kraske, VP of Product Management at Adaptik Corporation. “Cloud based solutions are reshaping the insurance industry. The Adaptik Cloud expands the implementation options for P&C carriers by delivering our policy administration platform as a service. As such, the Adaptik Cloud dramatically reduces barriers to entry, speeds implementation timelines and allows carriers to focus on core competencies and meeting the needs of their customers.”

About Canal Insurance Company
Canal Insurance Company, headquartered in Greenville, South Carolina, has specialized in providing insurance to commercial trucking operations through selected professional general agents for more than 75 years. By offering auto liability, motor truck cargo, physical damage and truckers general liability coverages, Canal is able to provide comprehensive options for its insureds.

About Adaptik Corporation
Adaptik Corporation provides leading P&C insurance carriers with on-premise and cloud software solutions that empower them to efficiently handle their most vexing challenges. Fortified by our strong foundation in policy administration, Adaptik offers a suite of insurance solutions designed to simplify product implementations, improve speed-to-market, drive operational agility and scale to support large numbers of users and high transaction volumes – regardless of the complexity of the product or line of business.

Founded in 2000 and based in Bethlehem, Pennsylvania, Adaptik has been named a “Best Place to Work in PA” every year since 2010.

To learn more about Adaptik or to see a demonstration of our suite of policy administration solutions, visit adaptik.com. You can follow us on Twitter @adaptik, or view our LinkedIn page here.

Media Contact:

Melis E. Carroll
Director of Marketing
Adaptik Corporation
800.306.1062 x122
mcarroll(at)adaptik(dot)com

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Melis E. Carroll
Adaptik Corporation
+1 800-306-1062 Ext: 122
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@Adaptik
since: 09/2008
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