UniRisX Ltd Announces 15th New Client Win with Arnold Fisher Insurance
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World`s Leading Provider of SaaS Insurance Solutions to Develop Online Insurance Solution for Rapid Speed-to-Market Capabilities CONSHOHOCKEN, Pa.--(Business Wire)-- UniRisX Ltd. (www.unirisx.com), the leading SaaS provider of global insurance services, has been selected by Arnold Fisher Insurance to help the company launch a web-based business-to-consumer portal for the company`s European Property Owners and Liabilities division. The product is the first of several UniRisX solutions the company will employ to achieve faster business growth and greater control of their product and distribution networks. The UniRisX solution is designed to allow Arnold Fisher Insurance to launch new products at significantly faster speeds, increase customer satisfaction ratings, create distribution networks and manage the full life-cycle of their insurance policies over the web. The solution incorporates Straight-Through-Processing to deliver tremendous cost savings by automating paper handling and manual systems. With more than 40,000 registered users and over one million policies globally, UniRisX has successfully implemented On Demand solutions for clients across the insurance industry. "UniRisX`s proven global track record and fully hosted, web-based solution made them the clear choice to help us rapidly set up and distribute products with greater efficiency and control," said Stuart Burt, Regional Director, Arnold Fisher Insurance Services. "The flexibility of the system will allow us to eventually add other products and distribution channels with our own business users, enabling us to achieve even greater control of our customer and product networks." As a specialist liability insurance provider to travel agents and tour operators, Arnold Fisher Insurance provides unique insurance solutions to more than 3,000 travel companies in the UK with unrivaled experience in the travel insurance field. "Our goal is to provide Arnold Fisher Insurance with a high quality IT solution that offers unparalleled business growth opportunities and low cost delivery," said Andrew Philpott, Director of Operations, UniRisX Ltd. "We are thrilled that industry leaders like Arnold Fisher Insurance are realizing the value of UniRisX and we look forward to working with them to develop more customized solutions for them in the future," commented Matthew Priestley, UniRisX Solutions Director who worked closely with Arnold Fisher in concluding the contract. Established in 2001, UniRisX offers flexible, web-based solutions to global clients with a user base in nine countries on five continents. The fully hosted multi-currency, multi-language software enables rapid product delivery in just days and weeks from traditional months and years, allowing insurers, agents and brokers to gain critical market share for new products and customer segments while receiving significant cost savings. Editors Note: UniRisX will exhibit at technology partner Sun Microsystems` booth #317 at the ACORD LOMA Insurance Systems Forum, held from May 17 to 19 at the Walt Disney World® Dolphin Resort in Lake Buena Vista, Florida. About UniRisX Ltd UniRisX Ltd. is the leading global provider of SaaS insurance solutions with 15 global clients with a user base in nine countries and five continents. Established in 2001,UniRisX`s fully hosted, web-based solutionallows industry leaders such as ACE Insurance, Falcon (Hong Kong) Price Forbes, Carrols, Zennor Ltd. and MS Automotive, among others, to rapidly launch new products, create distribution networks, including affinities, and manage the full policy lifecycle over the web. The company has established strategic partnerships with Sun Microsystems and Eastnets, a bank outsourcing center headquartered in the Middle East. For more information, please visit www.UniRisX.com. Arnold Fisher Insurance Services Ltd Arnold Fisher Insurance Services Limited was established in 1971 and following its acquisition in 2004 it became part of the Group that includes James Hallam Limited (Est 1982, a Top 50 Independent UK Broker) and Touchstone Underwriting. A working knowledge of the travel industry was developed in the late 1980`s when Arnold Fisher acquired the general insurances of Club 18-30 which was followed by other high profile tour operators including Unijet, Cresta International Leisure Group and Hayes and Jarvis. In 1993 they negotiated full underwriting authority on behalf of insurers to provide Tour Operators Liability Insurance (in response to the Package Travel and Package Holiday Regulations 1992) from which the Travel Agents office Combined Policy was developed to include such covers as specific extensions for Directors and Officers Insurance, Crisis Management and PR Insurance. The Office policy was also recently enhanced to allow up to 25% of turnover to be derived from operating activities. As well as working closely with ABTA, we also have close links with all the main travel industry associations. We are now responsible for providing insurance to over 3000 UK travel companies. Arnold Fisher is Authorised and Regulated by the Financial Services Authority. Maven Communications Rebecca Devine 610-608-2618 rdevine@mavenagency.com or Arnold Fisher Insurance Jackie Knight, Comms Manager Jackie.knight@arnoldfisher.co.uk www.arnoldfisher.co.uk Copyright Business Wire 2009
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