Press Releases


Fremont Insurance Brings Up Commercial Umbrella in Ten Weeks	Columbia, S.C. – January 2, 2012 – SpeedBuilder Systems, Inc., a leading provider of software and services for the insurance industry, today announced that Michigan-based Fremont Insurance has added Commercial Umbrella to the BindExpress Suite in just ten weeks. The additional line builds on the foundation laid with the implementation of Deluxe Contractors Package and Commercial Package Policies, and proves Fremont’s agility in bringing products to the market fast. The BindExpress Suite allows internal underwriters and external agents to process all insurance transactions, access all forms, and communicate using a single, 24 by 7, web-based platform. “No other competitor of Fremont allows Commercial Package straight through processing like Fremont,” said Kristin Economus, a Commercial Lines Agent at Mourer Foster Insurance, a Fremont agency based in Lansing, MI. “As a former underwriter, I feel like I have access to their internal system; I can quote anything without having to go to their underwriters. It’s all there for me.” “We started this project just 10 weeks ago,” said Dave Mangin, CIO of Fremont Insurance Company. “Delivering all that functionality – for all possible transaction types – could only be accomplished with a highly configurable system. We expect the development time savings to be reflected in future maintenance and enhancement costs, as well.” About Fremont Insurance Fremont Insurance is a subsidiary of the Auto Club Group, servicing the Independent Agents of Michigan. The company has been a Pure Michigan company since 1876. Dynamic Products, Exceptional Service, Competitive Pricing, and Advanced Technology have made Fremont Insurance one of the fastest growing and most respected companies operating in Michigan. For more information about Fremont Insurance you can visit the company online at www.fmic.com, find them on Facebook at www.facebook.com/FremontInsuranceCo, or follow them on Twitter at www.twitter.com/FremontIns. About SpeedBuilder Systems SpeedBuilder Systems, Inc. (www.speedbuildersystems.com) offers large enterprise-class solutions for small-to-medium sized P&C insurance carriers. The BindExpress Suite is an integrated set of components including policy administration, rating, automated underwriting, agent and consumer portals, product configuration, billing, automated workflow, analytics, and document generation. Built using open source technologies, the BindExpress Suite improves ease-of-doing-business for both consumers and professionals, reduces the time-to-market for delivering new products, and extends the life of both new and legacy systems.
SpeedBuilder Systems Partners with PEER 1 Hosting For New Offering	Columbia, S.C.—July 19, 2011—SpeedBuilder Systems, LLC, a leading provider of software and services for the insurance industry, today announced a partnership with PEER 1 Hosting, enabling SpeedBuilder to offer its BindExpress Policy Administration Suite as a software-as-a-service (“SaaS”) solution. “This new offering is perfect for small to mid-sized insurance carriers who embrace IT as a business strategy, but who may not have the time, budget, or expertise to do it themselves,” said Rod Giess, President of SpeedBuilder Systems, Inc. “Using the BindExpress Suite running on the PEER 1 platform will enable them to compete with virtually any of the national players.” About PEER 1 Hosting PEER 1 Hosting is one of the world’s leading IT hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-in-breed technology, founded on a high performance 10Gb FastFiber Network™connected by 17 state-of-the-art data centres, 21 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 10,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support™. PEER 1 Hosting’s portfolio includes Managed Hosting, Dedicated Serversunder the ServerBeach brand,Colocation and Cloud Services. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information visit: www.peer1.comor www.peer1hosting.co.uk. About SpeedBuilder Systems SpeedBuilder Systems, LLC (www.speedbuildersystems.com) offers large enterprise-class solutions for small-to-medium sized P&C insurance carriers. The BindExpress Suite is an integrated set of components including policy administration, rating, automated underwriting, agent and consumer portals, product configuration, billing, automated workflow, analytics, and document generation. Built using open source technologies, the BindExpress Suite improves ease-of-doing-business for both consumers and professionals, reduces the time-to-market for delivering new products, and extends the life of both new and legacy systems.
Barton Mutual Goes Live with Artisans on BindExpress Rate-As-You-Go	Columbia, S.C.—March 29, 2011 —SpeedBuilder Systems, LLC, a leading provider of software and services for the insurance industry, today announced that Missouri-based Barton Mutual Group has successfully implemented the Artisans line of business using BindExpress Rating, Underwriting, and BindExpress Portal. The site offers sales-enhancing, Rate-as-You-Go™ screens, which help agents provide real-time counsel to insureds by displaying individual prices at each coverage level during the quote entry process. BindExpress Underwriting powers the portal’s once-and-done, straight through processing for AAIS rates, rules, and forms. “SBS delivered more functionality than we requested, but still completed the project in about 12 weeks and 17% under budget,” said Joel Dermott, CIO of Barton Mutual Group. “That’s proof positive that the BindExpress Suite, with its hundreds of external configuration settings, does indeed reduce programming time and cost. We expect the savings trend to continue, with reduced maintenance and enhancement costs well into the future.” About Barton Mutual The three Barton Mutual Group companies, in their second century of service, are the largest of all Missouri-based farm mutuals as measured by direct written premium. Barton partners with strong reinsurers to provide added security to its policyholders and select group of independent agents.

Fremont Insurance Brings Up Commercial Umbrella in Ten Weeks

Columbia, S.C. – January 2, 2012 – SpeedBuilder Systems, Inc., a leading provider of software and services for the insurance industry, today announced that Michigan-based Fremont Insurance has added Commercial Umbrella to the BindExpress Suite in just ten weeks. The additional line builds on the foundation laid with the implementation of Deluxe Contractors Package and Commercial Package Policies, and proves Fremont’s agility in bringing products to the market fast. The BindExpress Suite allows internal underwriters and external agents to process all insurance transactions, access all forms, and communicate using a single, 24 by 7, web-based platform.

“No other competitor of Fremont allows Commercial Package straight through processing like Fremont,” said Kristin Economus, a Commercial Lines Agent at Mourer Foster Insurance, a Fremont agency based in Lansing, MI. “As a former underwriter, I feel like I have access to their internal system; I can quote anything without having to go to their underwriters. It’s all there for me.”

“We started this project just 10 weeks ago,” said Dave Mangin, CIO of Fremont Insurance Company. “Delivering all that functionality – for all possible transaction types – could only be accomplished with a highly configurable system. We expect the development time savings to be reflected in future maintenance and enhancement costs, as well.”

About Fremont Insurance

Fremont Insurance is a subsidiary of the Auto Club Group, servicing the Independent Agents of Michigan. The company has been a Pure Michigan company since 1876. Dynamic Products, Exceptional Service, Competitive Pricing, and Advanced Technology have made Fremont Insurance one of the fastest growing and most respected companies operating in Michigan. For more information about Fremont Insurance you can visit the company online at www.fmic.com, find them on Facebook at www.facebook.com/FremontInsuranceCo, or follow them on Twitter at www.twitter.com/FremontIns.

About SpeedBuilder Systems

SpeedBuilder Systems, Inc. (www.speedbuildersystems.com) offers large enterprise-class solutions for small-to-medium sized P&C insurance carriers. The BindExpress Suite is an integrated set of components including policy administration, rating, automated underwriting, agent and consumer portals, product configuration, billing, automated workflow, analytics, and document generation. Built using open source technologies, the BindExpress Suite improves ease-of-doing-business for both consumers and professionals, reduces the time-to-market for delivering new products, and extends the life of both new and legacy systems.

SpeedBuilder Systems Partners with PEER 1 Hosting For New Offering

Columbia, S.C.—July 19, 2011—SpeedBuilder Systems, LLC, a leading provider of software and services for the insurance industry, today announced a partnership with PEER 1 Hosting, enabling SpeedBuilder to offer its BindExpress Policy Administration Suite as a software-as-a-service (“SaaS”) solution.

“This new offering is perfect for small to mid-sized insurance carriers who embrace IT as a business strategy, but who may not have the time, budget, or expertise to do it themselves,” said Rod Giess, President of SpeedBuilder Systems, Inc. “Using the BindExpress Suite running on the PEER 1 platform will enable them to compete with virtually any of the national players.”

About PEER 1 Hosting
PEER 1 Hosting is one of the world’s leading IT hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-in-breed technology, founded on a high performance 10Gb FastFiber Network™connected by 17 state-of-the-art data centres, 21 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 10,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support™. PEER 1 Hosting’s portfolio includes Managed Hosting, Dedicated Serversunder the ServerBeach brand,Colocation and Cloud Services. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information visit: www.peer1.comor www.peer1hosting.co.uk.

About SpeedBuilder Systems

SpeedBuilder Systems, LLC (www.speedbuildersystems.com) offers large enterprise-class solutions for small-to-medium sized P&C insurance carriers. The BindExpress Suite is an integrated set of components including policy administration, rating, automated underwriting, agent and consumer portals, product configuration, billing, automated workflow, analytics, and document generation. Built using open source technologies, the BindExpress Suite improves ease-of-doing-business for both consumers and professionals, reduces the time-to-market for delivering new products, and extends the life of both new and legacy systems.

Barton Mutual Goes Live with Artisans on BindExpress Rate-As-You-Go

Columbia, S.C.—March 29, 2011 —SpeedBuilder Systems, LLC, a leading provider of software and services for the insurance industry, today announced that Missouri-based Barton Mutual Group has successfully implemented the Artisans line of business using BindExpress Rating, Underwriting, and BindExpress Portal. The site offers sales-enhancing, Rate-as-You-Go™ screens, which help agents provide real-time counsel to insureds by displaying individual prices at each coverage level during the quote entry process. BindExpress Underwriting powers the portal’s once-and-done, straight through processing for AAIS rates, rules, and forms.

“SBS delivered more functionality than we requested, but still completed the project in about 12 weeks and 17% under budget,” said Joel Dermott, CIO of Barton Mutual Group. “That’s proof positive that the BindExpress Suite, with its hundreds of external configuration settings, does indeed reduce programming time and cost. We expect the savings trend to continue, with reduced maintenance and enhancement costs well into the future.”

About Barton Mutual

The three Barton Mutual Group companies, in their second century of service, are the largest of all Missouri-based farm mutuals as measured by direct written premium. Barton partners with strong reinsurers to provide added security to its policyholders and select group of independent agents.

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