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Policy Administration

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Global Aerospace Insurance Company Selects Maximum Processing's Stingray System

The program is a web-based policy, billing, claims and reinsurance insurance administration system.

London-based Global Aerospace Insurance Company has selected Bradenton, Fla.-based Maximum Processing's The Stingray System to process its private business and pleasure general aviation lines of business.

"We spent a great deal of time reviewing various systems that could meet our diverse needs, which includes multi-currency and multi-lingual capabilities," Thomas Assenza, SVP of Global Aerospace, says in a statement. "The Stingray System was able to demonstrate all of the key requirements that we had and gives us the ability to have a highly configurable system that improves our ability to provide quality services to our broker agents and customers."

The Stingray System is a policy, billing, claims and reinsurance administration system with consumer and agent portals as well as a full point of sale system.

Global Aerospace's U.S. headquarters are in Parsippany, N.J.

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

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