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Competitor Overview
 
As you look for new systems we hope you will find this list of our top competitors helpful in determining systems to review. Because we are quite familiar with these vendors, we have provided a brief overview of their offering as shown on their web site.
 
To the right of each overview, we have included our comments and our rating of their competitive strength.
 
Stingray One Stingray - specific niche player
StingrayStingray Two Stingrays - generally complete offerings
StingrayStingrayStingray Three Stingrays – Capable competition for Stingray
 
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Allenbrook CGI
Captiva AQS FISERV
Delphi Technology Duck Creek INSURITY
FACTS Guidewire STINGRAY
IDP Trumbull
INSTEC    
Ravello    
SAPIENS
 
 
Allenbrook
STINGRAY COMPETITOR RATING & COMMENTS
http://www.amsservices.com
Independent agents are continually looking for ways to do business more quickly and efficiently. They don’t want to have to leave their agency management system in order to connect to their carriers for real-time comparative quotes, billing, claims and policy information. As a leading provider of insurance technologies for agents and carriers, AMS carrier solutions streamline how you collaborate with agencies to sell and service your business. An easy way to maximize your relationship with our 150,000 independent agents in more than 15,000 agencies is to integrate with tools they use everyday. AMS Services carrier solutions offer a single-entry, real-time standardized workflow from agency management systems, as well as “single sign-on” to your systems through automated password management. You’ve made a significant commitment to your existing technology solutions. By partnering with AMS Services, you’ll be able to preserve your investment by seamlessly connecting your solutions with your agents without duplicating efforts or taxing your resources. AMS Services carrier solutions integrate with your existing systems using XML and Web services. When your company is part of the mix, you can gain a preferred position with independent agents — and that leads to a better bottom line.
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AMS has a fine history of providing Agency automation products. Through acquisition they offer some Carrier and MGA products.
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AQS
STINGRAY COMPETITOR RATING & COMMENTS
http://www.aqssys.com/
Since 1979, AQS has provided comprehensive policy rating solutions and insurance services to commercial property and casualty carriers of all sizes. Our Web-centric AQS/advantage suite of products provides carriers with innovative policy administration solutions and services designed to improve speed to market, streamline and simplify business operations, cut costs and maximize return on investment. And all AQS products can be tailored to accommodate your business requirements while offering a high degree of scalability to meet future growth demands. The suite includes AQS/advantage, our comprehensive commercial policy administration system (PAS) that includes all transactions, all lines of business and all fifty states. There's also our integration solution, AQS/advantage Integrator. Recently acquired by Grey Mountain Partners.
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AQS has been implementing systems since the 1980’s with a Commercial Policy focus. Modernizing old systems with .NET.
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Captiva
STINGRAY COMPETITOR RATING & COMMENTS
http://www.captivasoftware.com/solutions/insurance.asp
Captiva provides insurance claim software solutions specifically engineered for the insurance industry designed to speed the processing of claims and eliminate manual data entry. The result is a decrease in operating costs and an increase in data accuracy that will enhance productivity and improve customer service for both health insurance and property & casualty insurance providers.
• Eliminate manual data errors
• Process more policies in less time
• Increase customer service
Return on Investment in 6 to 12 months
Stingray
Primarily claims and document handling Product offered in multiple industries including P & C
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CGI
STINGRAY COMPETITOR RATING & COMMENTS
http://www.cgi.com/web/en/library/solutions/insurance/74011.htm
GIOS is an integrated software solution designed to give insurance companies a distinct competitive edge. It covers every aspect of administration for all forms of insurance, including life, pensions and investment products as well as non-life personal, commercial and health. Implementing GIOS will transform your business by speeding claim resolution, improving underwriting accuracy, introducing a “whole customer” approach and eliminating costly paper trails. You'll be able to use your staff more efficiently and add value to your operation. Through its multi-language and multi-currency capabilities, GIOS will help you operate as a truly international player, with consistent global practices and reporting across every line of business. Benefits include:
• A modular approach, so you can move to GIOS one module at a time
• The ability to run GIOS on any hardware platform in the world
• Low cost-of-ownership and excellent central control
• A single environment—Oracle—requiring only one set of maintenance skills
• Flexibility, scalability and ease of use
• High level of automation
• The latest technology, with built-in “future-proofing”
• Speedy implementation
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CGI is one of the largest software organizations in the world serving a number of industries. Through acquisition, this behemoth has a number of insurance solutions.
Focused on large companies with international capabilities.
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Delphi Technology
STINGRAY COMPETITOR RATING & COMMENTS
http://www.delphi-tech.com/general_property_and_casualty.htm
OASIS Product Suite meets the needs of insurers, TPAs, and self-insured entities in Property & Casualty marketplace. Components include: Claims Management, Internet Incident Reporting, Risk Analysis Management System, Data Warehouse, OASIS Policyholder Services, and OASIS Re (Reinsurance Management). Delphi Technology offers full implementation and deployment services from 140+ staff of technical and insurance professionals.
Stingray
.NET developer with Reinsurance market specialty.
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Duck Creek
STINGRAY COMPETITOR RATING & COMMENTS
http://www.duckcreektech.com/about/mission.aspx
Duck Creek's Mission
Duck Creek Technologies seeks to become the leading provider of product lifecycle management software and services for the insurance industry. How does product lifecycle management differ from policy lifecycle management? Product lifecycle management (PLCM) focuses on managing the entire insurance product manufacturing process from the cradle (product design and creation) to adult-hood (filing and deployment), and-when necessary-to the grave (market withdrawal). Unlike traditional policy lifecycle management, which focuses primarily on the distribution process, PLCM recognizes that a great policy distribution system means little if product quality, timeliness, efficiency, and profitability are ignored. How can carriers benefit from implementing PLCM? Leading companies in other industries have practiced forms of PLCM for years, and the benefits to these companies have been significant. Computer manufacturing companies, for example, have created significant margin and quality advantages by continuously improving all phases of the product lifecycle process, from design to supply chain, to manufacturing, to sales, to distribution and support. Duck Creek's XML-enabled EXAMPLE Platform® enables insurance carriers and other participants in the insurance distribution process to define and develop rating, underwriting, and other policy-related services for deployment to all points on the product value chain.
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Well known developer taking a different approach to policy admin market. Focused on product development as it relates to process management. Heavily into XML document creation and implementation within enterprise.
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FACTS
STINGRAY COMPETITOR RATING & COMMENTS
http://www.factsservices.com/products/products_glance.asp
FACTS® CLAIMS & ENCOUNTERS™ – Claim & Encounter Processing System Fully automated, real-time processing system for complete, on-line adjudication of medical, dental, vision, prescription drug, disability, and COBRA claims and encounters. Comprehensive, yet highly flexible and easy-to-use system. Sharing of information between subsystems minimizes data entry and human intervention. Provides the necessary components for fast, accurate, and cost-effective processing.

FACTS® ADMIN™ – Policy/Benefit Administration System Fully automated, real-time benefit administration system, with support for eligibility, billing, collections, and commissions. Addresses all aspects of health coverage remuneration for the administration of all types of health insurance. Support for both group and individual. Also accommodates life and AD&D coverage administration, and offers great flexibility in defining your life products.

FACTS® COMP™ – Workers' Compensation Administration System Fully automated and comprehensive workers' compensation claims administration system that enables you to administer workers' compensation programs within established managed care guidelines. Adjudication of workers' compensation and health claims within a wholly unified system. Provides an extensive range of proactive cost containment strategies for effective managed care.
Stingray
Very specific focus on healthcare and claims adjudication Work Comp product aligned to claims handling.
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Fiserv
STINGRAY COMPETITOR RATING & COMMENTS
http://www.fiserv.com/insurancequicklinks.htm
Streamline every step of commercial and personal insurance delivery, from underwriting to claims processing. Increase speed to market, improve regulatory compliance, and turn your data into a strategic asset. Eighty of the top 100 U.S. insurance companies use a Fiserv solution to keep product costs down and revenues up.
Whether you choose in-house or outsourced services, you gain in-depth resources and expert support. Choose from Fiserv solutions for life, flood, property and casualty, and workers compensation insurance—all seamlessly integrated through service-oriented architecture.
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Provides “Big IRON” solutions to the Insurance Industry. Many product offerings Complex selling process. Stingray usually deploys faster and cheaper.
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Guidewire
STINGRAY COMPETITOR RATING & COMMENTS
http://www.guidewire.com/our_solutions
The Guidewire Insurance Suite encompasses the mission-critical operations of every personal or commercial lines carrier: underwriting and policy administration, claims, and billing. Unlike the legacy systems they are designed to replace, PolicyCenter, ClaimCenter, and BillingCenter enforce the best practices that ultimately drive lower loss costs and expense ratios. Intuitive role-based desktops support personnel from executives to support staff, while flexible business rules automate high-volume decision-making. Because the Guidewire Suite is entirely web-based, carriers can engage producers, policyholders, and vendors in underwriting and claims, as well as enable a more virtual workforce.
Guidewire systems share a modern technology platform providing workflow between Guidewire applications, integration to complex legacy environments, and upgrade-safe configuration of the user interface and business rules. With proven efficient implementation and scalability to the largest and smallest of carriers, Guidewire has emerged as the leading enabler of the optimized insurance operation.
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California based Provider of modular software solutions for claims, billing and policy management. Many large international clients.
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IDP
STINGRAY COMPETITOR RATING & COMMENTS
http://idpnet.com/default.asp
IDP's diverse line of software products can perform as standalone products or complement an existing system. Our software handles all activities of an insurance company's business. IDP's skilled experts carefully consider all aspects of a company's business to provide an affordable solution that best fits your company's policy administration need. IDP combines professional customer care with efficient, easy-to-use products to form a company unlike any other in the industry. Established in 1949, IDP has been servicing insurance companies for more than 50 years. As the business world has changed, IDP has evolved to meet shifting needs of the insurance industry, currently providing cutting-edge software systems. IDP understands what it takes for its clients to succeed, and provides a complete line of products and services to meet those needs.
Stingray
Software house founded in 1949 Custom programming and systems development.
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INSTEC
STINGRAY COMPETITOR RATING & COMMENTS
http://www.instec-corp.com/company/
Chicago area software developer founded in 1982. Provides QuickSolver rating and policy management software.
Stingray
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INSURITY
STINGRAY COMPETITOR RATING & COMMENTS
http://www.insurity.com/main.asp?cat=1
Insurity is a provider of effective business-process management to the insurance industry. We provide policy administration, claims administration, compliance management, regulatory reporting, reinsurance, billing, ASP, BPO, and maintenance services to carriers, MGAs, brokers, agents, and TPAs. We also provide support services from needs assessment to project planning, from application-input to customized reporting, from interface development to disaster recovery. By offering these services, we improve the operational and financial performance of insurers by improving the processes of risk-acceptance and loss-mitigation — enhancing risk selection, automating underwriting, reducing claim severity and cycle time, increasing efficiency, reducing expenses, and improving outcomes.
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ChoicePoint systems – Big Iron for Big Companies Products assembled through acquisition over many years.
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Trumbull
STINGRAY COMPETITOR RATING & COMMENTS
http://www.trumbull-services.com/policy_admin_ASP.html
Policy Administration Application Service Provider Solution

Trumbull’s Application Service Provider (ASP) Solution allows your company to fully process and administer all transactions associated with issuing and managing an insurance policy from inception through the entire life cycle of the policy. This service is designed to get you up and running in the markets that you have identified as quickly and efficiently as possible.

Business Model
Trumbull customizes our ASP solution to fit the needs of each client. We combine industry best practices for each specific line of business with your specific objectives and business requirements. The result is an application that reflects your company’s goals and values.

Web Access
Trumbull offers the ability to view, and with the appropriate authorizations, change information through a web portal. For example, you can authorize agents to view and enter changes to their policies, but you decide who will have access and the level of that access, from view only to full entry capabilities for all or only a limited number of transactions.
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Business Process Outsource Company that licenses their internally developed systems in ASP model.
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Ravello Solutions
STINGRAY COMPETITOR RATING & COMMENTS
http://www.ravellosolutions.com/
Ravello Solutions provides technology solutions to the Property & Casualty Industry's Commercial Lines Sector. Through our state-of-the-art internet architecture, we strengthen the bonds between insurance companies and agents. We leverage their efforts by substantially diminishing the time from application to policy issuance. Our software can shorten the rating, underwriting and policy issuance process from weeks to just minutes.
Stingray
Atlanta based solution provider focused on desktop automation and integration for commercial lines.
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SAPIENS
STINGRAY COMPETITOR RATING & COMMENTS
http://www.sapiens.com/en/solutions/insurance/policy.php
Sapiens INSIGHT™ for Property & Casualty is a fully functional P&C policy administration solution that makes it easier for brokers and agents to do business with carriers. This ease in turn motivates agents to drive additional premium to your company. This web-enabled solution reduces the cost of doing business through automation and optimizes risk selection through the use of rules based underwriting. Sapiens INSIGHT™ for Property & Casualty is designed to improve internal efficiencies by automating policy lifecycle processes and by allowing business analysts to quickly respond to changing rate and regulation issues. The solution also provides powerful functionality supporting the rapid development and launch of new products to keep pace with competitive pressures and market opportunities. Sapiens INSIGHT™ for Property & Casualty enables your company to cross-sell additional products to existing customers and to improve customer service by enabling your company to transform into a customer-centric business from an operation based on product-centric silos.
Stingray
AInternational Software vendor with rules based systems on IBM platforms – Big Iron – best for extremely large and complex companies
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