POMPANO BEACH, Fla., June 8, 2007 (PRIME NEWSWIRE) -- In the latest edition of its Insurance Software Deal Trends report, research and advisory firm Celent, LLC, has named Blue Frog Solutions as a leading provider in the Electronic Application Vendors for Life/Health/Annuity category, based on the number of deals the company inked in 2005 and 2006.
"The leading providers named in the report are active in the insurance vertical," says Craig Weber, Celent senior analyst and author of the report. "That gives them excellent insights into the unique needs of insurance carriers."
Brad Levine, CEO of Blue Frog Solutions, says he is pleased to be recognized in Celent's 4th annual Insurance Software Deal Trends report, which will be released this week. "With the recent rollout of our new Affirm (tm) for Annuities platform, combined with the NAVA STP Initiative to make all annuity transactions electronic and compliant by design, Blue Frog Solutions expects to see continued adoption and growth in 2007," Levine says.
Celent's Insurance Software Deal Trends report is based on vendor-provided and publicly available information on insurance-specific applications and software sold to insurers in North America during 2005 and 2006. For more information about the reports, visit www.celent.com.
Blue Frog Solutions, (www.bluefrogsolutions.com), based in Pompano Beach, Florida, is a leading technology solutions provider and business processing outsourcing (BPO) firm that focuses on the life, annuities and long-term care market. Blue Frog automates both front and back end business processes between carriers and distributors with a focus on compliance to create automated business process efficiencies. Blue Frog's solutions are based on the firm's flagship ADMServer Framework software suite. As one of the largest providers of ACORD-based transactions and DTCC solutions, Blue Frog currently provides ADMServer solutions to more than 85 percent of the top 40 life and annuity companies and many of the largest distributors in the U.S.
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