POMPANO BEACH, Fla., March 16, 2005 (PRIMEZONE) -- Insurance technology services provider Blue Frog Solutions today announced the availability of a new MIB Administrator module that supports all ACORD messaging with MIB.
The new module, which attaches to life insurance carriers' back office mainframe administration systems, makes it easy for life insurance carriers to connect to, request and receive information, as well as reply back to MIB with new underwriting information. The module uses ACORD standards, making it quick and easy to implement the new data feeds.
"Blue Frog is excited to add the MIB Administrator to our other ADMServer Modules. This will make managing MIB information collection simple, and as with all ADMServer modules, Blue Frog will continue to maintain the file formats as they are enhanced by ACORD, keeping our clients up to date," says Doug Massey, Blue Frog's Vice President, Insurance Services. "We are also very excited to be supporting MIB, which provides a valued and essential anti-fraud service to the industry, and we are pleased to add them to our list of communication destinations for ADMServer."
MIB has made it a requirement for all their member companies to move to the new feed before December 2006. "We are extremely pleased that Blue Frog is offering products that include connectivity to MIB," says Robert L. DiAngelo, Vice President/Chief Information Officer at MIB. "The cooperation we are getting from Blue Frog and the other vendors in the industry is phenomenal. Our customers benefit by avoiding the time and expense of building an interface that complies with our new Web Enabled Business Solutions. At the same time, the vendors are helping us meet our strategic goal of moving our entire customer base away from legacy connectivity solutions to our new, industry-standard ACORD XMLife solution."
For more information on the MIB modules, please direct inquiries to Doug Massey at 954-788-0700.
About Blue Frog Solutions Corporation
Blue Frog Solutions is a leading technology solutions provider for the financial services and insurance industry. Specializing in ACORD Standards and DTCC/NSCC implementations Blue Frog Solutions provides Web services, Business Process Management, integration, data translations, and technology strategy/management solutions via its ADMServer Solutions Framework software suite.
Founded in 1996, Blue Frog is headquartered in Pompano Beach, Florida and was selected as 2002 "Tech Company of the Year" by the South Florida Business Journal. Blue Frog Solutions has formed alliances with respected industry associations, including The National Investment Company Service Association (NICSA), National Association of Variable Annuities (NAVA), Association for Cooperative Operations Research and Development (ACORD) and the Depository Trust & Clearing Corporation (DTCC). Today, Blue Frog's ADMServer solutions are used more than 50 percent of the top 40 life insurance carriers in the U.S. For more information, visit www.bluefrogsolutions.com
About MIB
MIB Group, Inc., headquartered in Westwood, Massachusetts, is the premier provider of Internet-based information and knowledge services to the risk management market space in North America and a leading facilitator of electronic insurance commerce. MIB customers underwrite over 95 percent of the premium dollars for individual life insurance issued in the United States and Canada. MIB Group Inc. companies include MIB, Inc. and e-Services Corporation. For more information, visit www.mib.com.
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