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03/26/2009
Risk Services Selects Tropics Software for Workers' Compensation Software
Tropics Software to Provide Policy and Billing Applications for Multi-State Joint Program
Sarasota, FL March 26, 2009 -- Tropics Software Technologies, a national software company specializing in workers' compensation systems, announced today that it has been selected by Risk Services, LLC to support the rollout of a new Worker's Compensation program that will span a large number of states. The program, slated to begin in early Q2 of 2009, will include all underwriting, receivables management and policy administration to be performed by Risk Services, utilizing Tropics' Workers Compensation Policy and Billing Administration Systems, on A.M. Best rated "A VIII" paper. The program will be available to payroll processing companies, who will also be serving as the retail agents relative to new business generation.
"We are excited about being selected to participate in this program and having the opportunity to install Tropics Policy and Billing 4.0 for this multi-state program," said Mike Mobar, President and CEO of Tropics Software Technologies. "Tropics' proven experience in multi-state processing, combined with our strong functionality related to reported payroll billing and automated commission management, makes our system a perfect fit for this program. We are confident that Risk Services will enjoy the same efficient and seamless multi-state processing efficiencies as our other multi-state customers."
"Tropics' 15 year history of successful implementations of its Workers' Compensation software suite, coupled with its outstanding reputation in the market, made this decision easy for us," said Mike Rogers, Chairman of Risk Services. "Given the importance of implementing a solution with robust Workers' Compensation functionality across many states in a relatively aggressive time-frame, Tropics appeared to be the natural fit. Our previous experience with Tropics software and the wealth of features in the new 4.0 version of the software, including integrated agent and insured web portals, as well as automated interface capability for agency account current billing, assured us of this important choice."
About Risk Services
The companies of Risk Services establish strategic alliances with leading property casualty insurers, reinsurers, and insurance producers offering opportunities, such as the development of companion products that complement existing product lines and services offered under our clients' insurance programs, as well as the provision of policyholder services on a comprehensive or unbundled basis. For additional information, please call (941) 955-0793 or visit
http://www.riskcompanies.com/.
About Tropics Software Technologies
Tropics Software Technologies is a national software company specializing in workers' compensation systems. They provide integrated, web-enabled policy, billing and claims systems. Tropics Software Technologies offers a comprehensive set of configurable modules, based on a common foundation of automated work and document management, which boost business efficiency. For additional information, please call (888) 925-1234 or visit
http://www.gotropics.com/.
Media Contact:
Trae Jones
Tropics Software Technologies
(888) 925-1234 #338