Erie Selects Castek's Insure3 for Core Policy Administration

    TORONTO--Sept. 24, 2001--Castek, a provider of software systems for financial services organizations, has signed Erie Insurance Group (The ERIE) to a master software license agreement. Castek will provide Insure3 Policy (pronounced insure-cubed policy) for The ERIE's personal and commercial lines. Insure3 Policy is a flexible policy administration system for property/casualty (P&C) insurance companies.
    "The ERIE competes successfully by providing policyholders with exceptional products and services at the lowest possible prices," says John Sommerwerck, ERIE's CIO. "Insure3 Policy will help us continue to outpace the competition. The full lifecycle policy management and rapid product development, customization, and rollout capability of its Product Configuration Tool will take our interactions with our policyholders and agents to a new level. The multi-channel interaction and multi-player process support of Insure3 Policy is an ideal match for our eCommerce strategy."
    The ERIE selected Castek to replace its core, online policy processing application and to help achieve the company's information technology mission -- to satisfy corporate objectives through the use of advanced technology. Insure3 Policy will be integrated with The ERIE's claims management, billing, financial, and CRM systems.
    "The ERIE went through a lengthy process in search of advanced technology partners as they transform the way their policyholders, agents and employees communicate and do business with them," says Alistair Cumming, Castek's vice president, business development. "This agreement is an important win for Castek's overall value proposition. We are proud to have won The ERIE's business and trust."