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Press Contacts:
Focus!...on Innovation, Inc.
Daniel T. Buckles
949.268.0700
dan.buckles@e-surety.net
November 10, 2003 -- Lake Mary, FL
Focus! on Innovation announced today that it achieved a record number of companies moving to production with its e-SURETY product in 2003.
Driven by demand from both senior corporate management and reinsurers for immediate tightening of underwriting criteria, surety companies are increasingly turning to e-SURETY. Other features which have motivated surety companies to adopt e-SURETY include its ability to display bond history, attach supporting documents to the bond record, and to easily analyze accumulated risk by either bond type or by account.
"Our most recent surety company to move into production in 2003 is a Forbes Platinum 400 P&C company that has completely converted from an internally-developed surety system to e-SURETY," said Daniel T. Buckles, president and CEO. Buckles continued, "The rapid increase in the number of companies in production is significant because it now exposes a wide range of surety bond producers (agents) to the benefits provided by e-SURETY -- easier Internet processing and forms printing, detailed reporting on their book of business, and access to extensive yet easy-to-use financial analysis tools for account management. Agent feedback has been highly positive."
e-SURETY is the only surety bond automation system available to insurance companies and large agencies that provides a completely Web-based underwriting product for Contract and Commercial surety bonds and the ability to manage the entire bond-writing process from beginning to end. e-SURETY also easily integrates and exchanges information with existing back-end systems such as accounting, claims, or corporate statistical databases.
User-friendly, efficient features are the hallmark of the product, allowing surety departments to manage every aspect of the bond life-cycle process without the need for specialized IT department assistance. Additionally, producers and field offices can easily interact directly with the home office bond department with nothing more than a connection to the Internet.
Headquartered in suburban Orlando, Florida, e-SURETY creator Focus!...on
Innovation, Inc. is dedicated solely to Web-enabled Internet solutions for the
surety bond industry. For more information regarding e-Surety, please
visit www.e-SURETY.NET.
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