Tokio Marine Selects FergTech for Insurance Document Fulfillment Services
DARIEN, CT, July 15, 2005 – Tokio Marine & Nichido Fire Insurance Co, Ltd. (U.S. Branch) selected FergTech, Inc. as their partner to produce and distribute insurance and regulatory documents for their corporate name change project.
FergTech was chosen by Tokio Marine for their ability to produce compliant regulatory documents for all 50 states and their ability to print Japanese translation, where necessary. FergTech produced and shipped Automobile Insurance Identification Cards and policy endorsements to Tokio Marine’s policyholders reflecting the corporate name change.
"The flexibility of FergTech's DynaForm software technology allowed us to easily customize the format, language, and sorting of our documents,” said Pam Olson, Acting Vice President of Corporate Underwriting at Tokio Marine. “The ability of the FergTech staff to turn around requests quickly and accurately has made the project run smoothly and successfully”, added Olson.
FergTech’s DynaForm software uses eXtensible Markup Language (XML) which allows conditional customizations to be made in a cost-effective manner. DynaForm draws upon a licensed forms library and FergTech’s compliance rules engine, which reduces Tokio Marine’s compliance related costs.
DynaForm is the software engine that also powers the AutoIDweb product suite developed and marketed by FergTech for the insurance industry. AutoIDweb is a comprehensive solution for producing compliant Automobile Insurance Identification Cards (Auto ID Cards) for all fifty states in the USA.
About FergTech:
FergTech, Inc. designs, develops, and markets insurance software and services that enable efficient and compliant production and distribution of insurance documents.
FergTech, Inc.
19 Wilson Ridge Rd.
Darien, CT 06820-5133
Telephone (888) 627-7807
About Tokio Marine Management, Inc.:
Tokio Marine Management, Inc. is the manager for the U.S. insurance operations of Tokio Marine & Nichido Fire Insurance Co., Ltd. (U.S. Branch), Japan’s oldest and largest property and casualty insurer. Tokio Marine does business through major insurance brokers and independent agents throughout the United States. Tokio Marine clients range from main street businesses to some of the largest organizations in the world.
Tokio Marine Management, Inc.
230 Park Avenue
New York, NY 10169
Telephone (212) 297-6600
For Further Information:
Lynne Somerville
FergTech, Inc.
888-627-7807
Jennifer McClellan
Bliss, Gouverneur & Associates
212-840-1661
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