InSure Vision Technologies, LLC Announces Strategic Partnership with Applied Systems

Sherman Oaks, CA -- March 20, 2000 – InSure Vision Technologies, LLC is proud to announce the formation of a strategic relationship with Applied Systems, Inc., a University Park, Illinois based leader in insurance distribution systems. IVT develops SurePath, an automated surety bond processing system that delivers bonds via the World Wide Web. The partnership will enable integration between SurePath and Applied Systems’ WinTAM and Vision products for the independent agent market. The companies will work together to jointly train their sales organizations, and will collaborate to establish joint marketing programs.

SurePath is the industry’s only true web-based carrier independent surety product. It is a universal solution, working with all sureties and all bond products. The agency can develop bond programs specific to each customer, and SurePath provides the common link. SurePath allows all three parties in the bonding transaction to collaborate. The agent, bonded party, and the surety may all access a common website where the bonded party’s bond schedule, and the accompanying detail is available. "We are very excited at the prospect of integrating SurePath with Applied Systems’ products. Integrating Applied’s invoicing and accounting processes with SurePath will provide enhanced utility to customers of both IVT and Applied Systems," explains Pam Stocks, President of IVT.

Applied Systems will provide integration to SurePath from its agency management system products. Bob Juracka, Applied’s Executive Vice President of Sales states, "SurePath solves many of the problems associated with the bonding transaction. The integration with Applied’s agency products will enable our customers to use the only integrated, Internet-based surety product, and confirms our commitment to providing the best products to the independent agency marketplace."

Further information about SurePath can be obtained by contacting Applied Systems at 800-999-5368, or InSure Vision Technologies at 818-781-8733.

About Insure Vision Technologies

InSure Vision Technologies, LLC is the developer of a single entry, multi-use automated surety bond processing system which operates over the Internet. IVT has extensive experience in the surety industry, insurance corporate finance and the development of insurance related systems.

About Applied Systems

Applied Systems is a leading vendor of automation for the independent insurance industry serving the unique needs of insurance agents, brokers, MGAs, banks and insurance companies in the United States and around the world.

 


Press Contacts:

Jeff Lebioda
Marketing Manager
Applied Systems, Inc.
Phone (708) 534-5575
Fax (708) 534-6648
jlebioda@appliedsystems.com



Pamela L. Stocks
President
InSure Vision Technologies, LLC
Phone (818) 781-8733
Fax (818) 781-8188
pstocks@insurevision.com