Company: ePolicy Solutions (acquired by ChoicePoint (NYS:CPS) in 2006)
Industry: Business Services
Investors: Arch Venture Partners, Madrona Venture Group, Bank of America, H&Q Venture Associates, J.W. Seligman & Co. and RMG.
ePolicy Solutions is the producer of the most advanced policy administration solution available today. The company’s RightRisk™ product is the only solution on the market that provides the 16 points of configuration necessary for implementing policy administration systems that are capable of changing as rapidly as insurance carriers’, brokers’, and MGAs’ needs do.
ePolicy Solutions facilitates the delivery of a range of products and services that automate the rate, quote, bind and issue processes. By employing a state-of-the-art services oriented architecture (SOA) and a best-of-breed approach, the company delivers solutions that represent not only the best, but also the most flexible. Solutions that are modeled after your business processes, solutions that deliver dramatic cost reductions, measured efficiency, offering higher levels of service to insurance companies, wholesalers, MGAs, MGUs, and self-managed programs.