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October 7, 2009

First Insurance Opts For Torrent For Systems Solutions, Back Office Services

In order to support its flood business

By CBR Staff Writer

First Risk Management Services (FiRMS), a flood insurance provider and a subsidiary of First Insurance Company of Hawaii (FICOH), has selected Torrent Technologies to provide systems solutions and back office services to support its flood business.

Steve Tabussi, VP of customer solutions at FICOH, said: We are excited to be moving our flood insurance solution to TorrentFlood, a platform that we believe will ensure we achieve our objectives for the FICOH flood insurance program. Transitioning to Torrent’s platform gives us the tools to provide better service to our flood insurance customers.

TorrentFlood offers web-based and real-time flood processing solution designed specifically for the National Flood Insurance Program (NFIP). TorrentFlood facilitates the flood insurance industry by employing its technology to offer NFIP-compliant solution for the handling and servicing of flood insurance policies, in an industry with limited and antiquated options.

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