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Stingray System from Maximum Processing wins RAVE award for Policy Administration Category for 2nd year in a row.

Press Release from Maximum Processing, a Sapiens Company

Stingray System from Maximum Processing, Inc., wins RAVE award in the Property & Casualty Policy Administration System category.

Bradenton, FL - Maximum Processing, Inc., a leading provider of automation solutions for the property & casualty insurance industry, was announced as winner of the Policy Administration Category of the RAVE awards. The RAVE Awards were designed to recognize those technology solutions that deliver exemplary value to their customers as measured by senior IT executives at P&C insurance companies surveyed by Novarica.

The RAVE awards, which are based on Novarica's Average Customer Experience (ACE) ranking methodology, are awarded to solution providers who have attained the highest aggregate rankings during the past twelve months. The ACE ranking by Novarica measures customer satisfaction levels objectively across a wide range of areas, and the results are intended to guide insurers as they consider potential solution providers.

The Stingray System, a P&C Policy Administration System, was declared the winner of the RAVE award for the second year in a row.

Matt Josefowicz, Director Insurance, Novarica said, “The RAVE Awards are unlike any other award in the insurance technology space. Rather than being chosen by a board of experts or an open online poll, the winners and honorable mention solutions are those that received the highest aggregate rankings from a group of current clients using Novarica's Average Customer Experience and (ACE) ranking methodology.”

The Stingray System policy administration system received 98% overall satisfaction to win in the P&C Policy Administration System category. The Stingray System is a policy, billing, claims and reinsurance administration system which provides workflow, imaging, many third party interfaces (e.g., Credit Card, General Ledger, Comparative Raters, CLUE, MVR, 4Sight Business Intelligence, bureau stat reporting and others). It comes with consumer and agent portals as well as a full point of sale system.

Sean Pitcher, President & CEO of Maximum Processing, said, “It is a great achievement to be recognized as the leading policy administration system by the most experienced individuals possible – the users.”

FOR ADDITIONAL INFORMATION: Michael V. Vaccarello Vice President, Sales & Marketing Maximum Processing 610 457-5457 MVaccarello@MaxProcessing.com.

About Maximum Processing

Maximum Processing offers Stingray, a modular browser-based, property and casualty solution for Policy (quoting, rating, issuance), Billing, Claims and reinsurance administration along with statistical bureau, DMV, Imaging, Credit Card, General Ledger, Comparative Raters, CLUE, 4SightBI, reporting and many other third party interfaces. Maximum Processing is a privately held company headquartered in Bradenton, Florida with offices in Raleigh, North Carolina. For more information call 866-MAX-SOFT, email Info@MaxProcessing.com or visit www.StingraySystem.com.