CastleBay Consulting Launches Services Company

PARK CITY, UT--(Marketwired - May 8, 2015) - CastleBay Consulting Corporation (CastleBay) is pleased to announce the creation of a new sister company, CB Technology Services Corporation (CB Tech).

Throughout CastleBay's 17-year history, the company has worked hard to build a respected reputation across all segments of the industry for practical, hands-on knowledge of insurance business, processes and practices, and for having experts that specialize in vendor and software selection, program and project management, data conversion strategies, legacy modernization and other functional areas important to insurance companies. Recent demand for services related to core systems implementations has increased dramatically, leading to CastleBay's launch of CB Tech.

"It has been our experience that once insurers reach a decision point about the vendor or software that is needed, there are still obstacles to be faced, including vital 'blocking and tackling' functions such as quality assurance (QA), data conversion, configuration, and integration," said George Grieve, president and founder of CastleBay, and now CB Tech. "These activities are not only time-consuming, but operationally draining in terms of resources, often leading insurers to offshore options due to pricing considerations and assumptions which don't always reflect quality of outcomes, or the internal managerial overhead needed to keep them on track."

Considering the need in the insurer community for such services, CastleBay is pleased to now be able to extend the expertise of the company's senior management into successfully launching CB Tech, which will maintain a service center in Reading, Pennsylvania. CB Tech has already built an onshore QA practice using methodologies and intellectual property (IP), tools, accelerators, and management know how developed over the years at CastleBay. By leveraging CastleBay's expertise, CB Tech offers a complete QA solution and implementation services without the disadvantages of offshoring.

CB Technology Services, which was incorporated in January, kicked off an initial client QA project in April of this year and is currently bidding on two major projects that involve policy, claim and billing data migration, as well as configuration and integration services delivery. The speed with which the market has embraced the new company's value proposition has exceeded Grieve's expectations. 

"We are tremendously excited about these new service offerings and about the unique value proposition of our new company which is essentially -- CastleBay quality at (near) offshore prices," said Grieve. 

About CastleBay Consulting Corporation (CastleBay)
Park City, Utah-based CastleBay Consulting Corporation was founded in 1998 to provide high-impact consulting services to the insurance market. Services include strategic systems planning and acquisition; quality management; program and project set up, management and assessment; business process and requirements analysis; and related software implementation services. CastleBay's consultants average more than 25 years of insurance industry experience and represent a wealth of experience as executives and officers from world-class vendor and insurance carrier companies. To learn more about CastleBay's services, contact Don MacFarland at 513-218-2473 or don.macfarland@castlebayconsulting.com, or visit the CastleBay website, www.castlebayconsulting.com.

About CB Technology Services Corporation (CB Tech)
Park City, Utah-based CB Technology Services Corporation was founded in 2015 to provide high-quality business analysis, programming, quality assurance, configuration and related implementation services to the insurance marketplace. In conjunction with CastleBay's domain and large project expertise CB Tech will deliver high-quality services at near off shore market rates. To learn more about CB Tech's services, contact Don MacFarland at 513-218-2473 or don.macfarland@castlebayconsulting.com.