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MOORE STEPHENS & Q.KNOW OFFER UNDERWRITING SOLUTION FOR MANAGING ALL DEAL-RELATED INFORMATION
From Structured to Unstructured, Archival to Real-Time Without Ever Leaving Outlook
NEW YORK– January 30, 2007 – Moore Stephens Business Solutions LLC and Q.Know Technologies, Inc. announced today the launch of a comprehensive solution that allows insurance information workers to conduct, manage, oversee and audit the underwriting process in a single, easy to use Microsoft Outlook interface.
Moore Stephens’ “bIntelligent” approach to key performance indicators and Q.Know’s Information Desktop combine to deliver best practices through their joint solution’s ability to access and manage all relevant activity critical to business operations by seamlessly merging unstructured and structured information within Outlook.
“Real time business intelligence enables quicker, more informed and better business decisions to be made, therefore enabling real competitive advantage. Bringing this together with the end user application ensures that the capability is leveraged by all concerned at the right points in time. It is great to see joint initiatives like this being undertaken,” stated Lisa Gibbard, Head of IT, Aspen Insurance Holdings Limited.
This singular solution enables underwriters to conduct submissions and renewals, view loss runs, search policy detail, track key performance indicators and manage the entire pipeline in a singular desktop view, without ever leaving Outlook. Bringing structured data together with all unstructured information, including documents, spreadsheet, PDFs, Web pages, etc., represents unprecedented access and control for underwriters who often have to move rapidly through the deal process.
The result is that Microsoft Outlook becomes the singular, comprehensive platform to conduct document management, work flow, data analysis and e-mail management. With the virtual, real-time Q.Know/Moore Stephens solution, Outlook – already the most widely-used, intuitive and easily adopted user interface for business – becomes the ultimate and only collaboration tool necessary.
“The beauty of this partnership is how it translates to ease-of-use for the business user, bringing advanced functionality that typically requires users to launch new applications or go to new locations – all into the one location they are already familiar with and using all day long, their Outlook Inbox,” states Seth Rachlin, Chief Executive Officer, Moore Stephens Business Solutions, LLC.
For insurance information workers, this translates to underwriting dashboards and scorecards based on real time analytics residing in a “virtual deal file” for each submission containing all the unstructured information, such as e-mail, spreadsheets, Web pages, etc. Contextually related elements, such as profitability on lines and brokers, can be viewed instantly rather than reporting after the fact. This, in turn, allows underwriters and executive management the opportunity to react to market and customer dynamics as they are occurring to drive revenue, manage costs and build shareholder value.
To learn more about this information innovation for underwriters, contact Joe Farrell, Vice President of Sales for Q.Know Technologies, Inc. at 650.954.7862.
Moore Stephens Consulting is a wholly owned subsidiary of Moore Stephens LLP. Moore Stephens is an independent member firm of Moore Stephens International Limited, one of the world’s leading accounting and consulting networks. Moore Stephens LLP is noted for a number of industry specializations and is acknowledged as a leading adviser to the insurance and financial services industries. Moore Stephens International has independent member and correspondent firms with offices in 93 countries and over 15,000 employees and annual revenues of $1.35 billion. To learn more, visit www.msbs-llc.com.
Q.Know Technologies, Inc. develops software that solves the most challenging problem in business computing – the ability to automatically and accurately file, retrieve, manage and share unstructured electronic information. The result is instant access to enterprise-wide information, real-time deal visibility, ensured regulatory compliance and improved customer satisfaction. Q.Know works seamlessly across existing applications, such as Microsoft Outlook® and Office®, and is quickly implemented and easily learned. For more information, please visit www.qknow.com.
Media Contact:
Deidre Campbell, Q.Know Technologies, Inc., 212.847.9554, dcampbell@qknow.com.
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