Press Contacts:
Focus!...On Innovation, Inc
Daniel T. Buckles
949.268.0700
dan.buckles@e-surety.net
Arrowhead Commercial Ins.-Surety
Ron Ballard
619-881-8480
September 3, 2002 -- Lake Mary, FL
Focus!...on Innovation announced today that it has signed a licensing agreement for its flagship e-SURETY™ product with the Commercial Insurance Division of Arrowhead General Insurance Agency of San Diego, CA .
"From our perspective, e-SURETY™ is the new model for underwriting, issuance, and service of all forms of Surety," says Dick Rohde, president of the Commercial Insurance Division. "We believe that with e-SURETY™ we can process significantly more Surety business, with better underwriting and less cost than our competitors in the markets we serve," Rohde said. According to Ron Ballard, Arrowhead's Senior Vice President for Surety, "As a startup Surety operation in one of the most successful General Agencies in the country, we believe we can leverage the e-SURETY™ model to simplify the entire Surety production process and bring greater value to our producer relationships."
According to Daniel T. Buckles, president of Focus!...on Innovation, "The enthusiastic adaptation of e-SURETY™ by Arrowhead is another strong indicator that strong, forward-looking Surety providers are actively pursing technology to streamline their operations and increase their ability to adapt to changes in the marketplace without sacrificing underwriting criteria. Arrowhead's commitment to e-SURETY™ firmly establishes e-SURETY™ as the industry standard for Surety underwriting automation."
e-SURETY™ is the only Surety bond automation system available to insurance companies
and large agencies that provides a completely web-based underwriting decision
product with the capability to manage the entire bond writing process from beginning
to end; including application, payment, underwriting, issuance, and renewal.
User-friendly, efficient features are the hallmark of the product, allowing
customers to process a high volume of bonds proficiently. Additionally, producers
and field offices can easily interact directly with the home office bond department
with nothing more than a connection to the Internet. Furthermore, the software
is so accessible, no technical assistance is necessary in the administration
of it.
Arrowhead® General Insurance Agency, Inc., with nearly $500 million in annual premium writings, is one of the nation's largest privately-held General Agencies. In addition to Surety, the Arrowhead Commercial Division offers insurance programs for Specialty Contractors, Commercial Auto and Workers' Compensation. For more information regarding Arrowhead, please visit their Web site at www.arrowheadgrp.com.
Headquartered in suburban Orlando, Florida, e-SURETY™ creator Focus!...on Innovation,
Inc. is an Internet design and construction services firm specializing in developing
completely Web-enabled Internet solutions for the Surety bond industry. For
more information regarding e-SURETY™ Contract or e-SURETY™ Commercial, please
visit their Web site at www.e-SURETY.net.