Q.KNOW TECHNOLOGIES, INC. PARTNERS WITH RE SYSTEMS GROUP INC. (RSG)
TO SUPPORT REINSURERS' BACK-OFFICE TECHNOLOGY
– Working Seamlessly to Bring Greater Efficiencies to Account Servicing –
RESTON, Va. – September 15, 2004 – Q.Know Technologies Inc., a global provider of information management software, today announced that it has entered into a technology partnership with RE Systems Group, Inc. (RSG), North America’s largest supplier of reinsurance software and technology consulting.
A leader since 1984, RSG has established its core capabilities as industry standards for reinsurance back-end processing. Key products include treaty and facultative computer-based forms for submissions, automated fax production and renewals, and online statistics. In addition, RSG provides its clients automated retrocessional processing, online claims processing, multi-page abstracts and aggregate deductible support.
With Q.Know supporting the front-end for desktop management and collaboration of all electronic information, reinsurance clients are easily able to adapt their current operating environments and support existing compliance requirements without changing the way users operate. Underwriters no longer have to exit their Q.Know desktop environment to log into RSG to retrieve and organize data. Such data can now be exchanged between the two without time-consuming delays or system overloads and shut downs.
"Q.Know is pleased to formalize the relationship that both our clients have been requesting," said Q.Know President and CEO Vineet Kalucha. "This technology partnership allows us to continue to leverage both the Q.Know and RSG capabilities to provide our customers the best insurance industry solution for managing unstructured data, while directly accessing our client’s back-end processing system."
Q.Know, which resides directly on the users’ desktop seamlessly with Microsoft® Outlook, allows users to file, retrieve, organize, share and manage all unstructured electronic information, including e-mail, text documents, spreadsheets, presentations, PDFs, Web pages, etc. For transaction-oriented business where instant access to complete information is critical, Q.Know also dramatically simplifies and streamlines the sharing and managing of documentation/data – eliminating the need for traditional, redundant collaboration tools.
"Q.Know brings the user a long awaited front-end tool for organizing and managing information which clearly demonstrates a deep understanding of the reinsurance business and its underlying competitive pressures," said RSG President George Gramlich. "We are pleased to undertake this technology partnership on behalf of current and future clients."
Q.Know Technologies, Inc. has created the first information management software based on how people really think and work. Q.Know offers a simple and intuitive approach to finding, sharing and managing information, enhancing deal development and execution with more efficient and complete access to data. The result is real time deal visibility, ensured regulatory compliance and improved customer satisfaction. Q.Know works seamlessly with existing applications, such as Microsoft Outlook and Office, and is quickly implemented and easily learned. For more information, please visit www.qknow.com.
RE Systems Group (RSG), Inc. has been providing the reinsurance industry with the most advanced and cost effective reinsurance software solutions since 1984. In this time, RSG has become North America's leading supplier of reinsurance software and consulting with its variety of reinsurance software packages and its group of dedicated and highly trained systems professionals. For more information, please visit www.resystemsgroup.com.
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Q.Know is a registered trademark of Q.Know Technologies, Inc. in the United States and/or other countries. Microsoft® and Windows® are registered trademarks of Microsoft Corporation in the U.S. and/or other countries.
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