NEW YORK--(Business Wire)--
STGMastek, a provider of enterprise-wide solutions to the P&C
Insurance Industry, today announced that AAA Mid-Atlantic has selected
its STG Billing and Accounts Receivable system to support its
Insurance business across several lines and eventually expand to
non-insurance lines of businesses. The STG Billing System will provide
a centralized cash-management, accounts receivable and collections
operations to AAA Mid-Atlantic.
"We were impressed with STGMastek's enterprise billing solutions
and the installations that will enable us to modernize administrative
infrastructure in order to better serve our members," said Spencer
Roman, President and Chief Operating Officer, AAA Mid-Atlantic
Insurance Group. "AAA Mid-Atlantic chose STG Billing because it
demonstrated the integration capabilities required to complement our
systems. We wanted a platform that would provide us with enhanced
flexibility for our diversified product portfolio in consumer
insurance services."
"Billing has moved to the forefront of carrier investment
strategies as the need to improve the customer experience combines
with the need for tighter financial controls and the need to refresh
the technology stacks of the back office," said Billy McCarter,
President of STGMastek. "AAA Mid-Atlantic's faith in our Billing and
Accounts Receivable solution for its insurance and non-insurance lines
validates our vision and strategy to offer a matured and best-of-class
enterprise billing, cash-management and receivables solution to not
just insurance companies but to other services industries. We are
excited to add AAA Mid-Atlantic to our family of customers and look
forward to a long-term relationship with this esteemed organization."
AAA Mid-Atlantic, Inc. (AAA)
AAA Mid-Atlantic Inc. is among the largest automobile clubs in the
United States with a membership base of nearly 4 million. Its
subsidiary, the AAA Mid-Atlantic Insurance Group, provides personal
lines insurance coverages to auto club members throughout the
Mid-Atlantic region. As North America's largest motoring and leisure
travel organization, AAA provides its members with a broad range of
travel, insurance, financial and automotive-related services.
STGMastek
Since 1991, New-York based STGMastek has positioned itself as a
provider of IP based enterprise solutions and services to the P&C
Insurance Industry, including licensing of onsite solutions, solutions
on an ASP platform, application driven business support services and
value added services. STGMastek is the P&C vertical of MajescoMastek,
the U.S. subsidiary of Mastek, a publicly listed (MAST.BO) leading
global IT solutions player.
MajescoMastek
Sandy Frinton, 845-454-3895
sandy@mallen.com
Copyright Business Wire 2008
