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November 2, 2009

GIS Forms Strategic Alliance With ActekSoft

To push data into a compensation system

By CBR Staff Writer

General Information Services (GIS), a provider of insurance onboarding solutions, has formed a strategic partnership with ActekSoft, a supplier of commission and incentive compensation software solutions for the insurance industry.

This partnership allows for GIS’ paperless producer onboarding solution, Pangea for Insurance, and ActekSoft’s producer compensation system, ACom3, to work together, yielding an arrangement that allows companies to onboard their new producers quickly and to push data into a compensation system.

The partnership helps both GIS and ActekSoft provide increasing value to their clients.

Raymond Conrad, CEO of GIS, said: “We are very excited about this opportunity to bring additional value to our insurance industry clients by partnering with ActekSoft. Their core values of superior service and product suites, combined with their focus on insurance and financial industries, match our vision for Pangea for Insurance exactly.”

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Tom Davis, vice president of Sales of ActekSoft, said: “Our clients have been asking for an onboarding module for the ACom3 Commission and Incentive Compensation System. We had considered internal development, but following a demonstration of Pangea for Insurance we concluded that the power and flexibility of this product, combined with the amazing corporate culture at GIS, would offer our clients much more. We look forward to a long and mutually rewarding relationship.”

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