11:33 AM
Agencyport Software, MFX Form Distribution Partnership
Boston-based Agencyport Software has formed a distribution partnership with MFXchange Holdings, a Morristown, N.J.-based supplier of software and services to the property and casualty insurance markets.
Under the terms of the agreement, MFX will resell AgencyPortal, AgencyConnect and BookSmart to its customers along with its core offering, the MFX Integrated Insurance Platform, an end-to-end core systems suite. MFX says integrating AgencyPort will give its customers "a complete solution for processing property and casualty business including agency interface and agent portal solutions for new business and renewals, as well as endorsements and claims."
"Agencyport offers the leading distribution products in the market and MFX now adds this capability to its already robust end-to-end software suite that includes policy, billing, claims administration, business intelligence and rating," said Raymond A. Roy, Chairman and CEO at MFXchange Holdings, in a statement. "We believe our clients will benefit tremendously from this relationship through the use of this new suite of products."
Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio