Advertisment

Sonata, Maximum Processing team up

author-image
CIOL Bureau
Updated On
New Update

MUMBAI, INDIA: Sonata Software, an IT consulting and software services provider, today announced that it has tied up with Maximum Processing Inc to increase the delivery capabilities of the Stingray System, a web-based property and casualty insurance administration solution developed by Maximum Processing.

Advertisment

The Stingray Insurance Processing System is a policy, billing, claims and reinsurance administration system which provides workflow, imaging and many third-party interfaces like credit card, general ledger, comparative raters, CLUE, bureau stat reporting and others, said a press release. It comes with consumer and agent portals as well as a full point of sale system.

Similar to online securities trading platforms and online banking systems, Stingray resides on the Internet and uses the latest technology to access an industry standard database configuration, said Sonata. This standardization on new technology makes deployment simple and customization easy.

According to Sean Pitcher, president and CEO of Maximum Processing, Stingray is the fastest growing web-based system available in the market today. “Our association with Sonata will help us take advantage of their deep domain expertise and vast resources to meet the huge demand for Stingray System,” he added.

Added C. V. Narayanan, head - Managed Testing and Web Technologies, Sonata Software, “Insurance organizations today are under increasing pressure to meet new regulations and respond to rapidly changing business requirements while cutting costs. Our partnership with Maximum Processing is a step towards enabling them to achieve operational excellence and differentiation, thereby setting them on the road to high performance.”

tech-news