About SpeedBuilder Systems
SpeedBuilder Systems (SBS) is a tech company. It develops and provides cloud-based software tools and services. The platform offers policy administration, insurance claims, billing and accounting, and more. It offers a configurable, easy-to-use platform for carriers, MGAs, agents, underwriters, claims professionals, and consumers to interact. The company was founded in 2001 and is based in Columbia, South Carolina.
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Latest SpeedBuilder Systems News
Feb 22, 2023
News provided by Share this article Share this article COLUMBIA, S.C., Feb. 22, 2023 /PRNewswire/ -- SpeedBuilder Systems, Inc. (SBS) today announced that Eagle Ocean America (EOA) has selected the BindExpress Policy Suite to support its 50-state Commercial Marine business. "We looked at a lot of different systems, but none of the others offered both the flexibility we need to underwrite and quote our unique line of business, and the ability to manuscript our own forms and documentation. BindExpress has these two capabilities in a single platform," said Steve Lewis, vice president of EOA. Eagle Ocean America Selects BindExpress Policy Suite for Commercial Marine Insurance "Commercial Marine is very different from other lines of business," Lewis noted. "The SBS team grasped our unique requirements and applied that knowledge to the BindExpress product very quickly. And it didn't feel like a sales process. It was essentially a consultation, without any hard sell." In addition, BindExpress Suite will level the playing field for EOA, positioning the organization to successfully compete against much larger players in the Commercial Marine arena. "We expect BindExpress to deliver the same capabilities and proficiencies our large competitors have – many with homegrown or expensive systems – but at a price we can afford," Lewis said. "It will help us not only grow organically with our current products, but we'll also be able to add other lines faster and more seamlessly than our competition." "We are excited to add Eagle Ocean America to our portfolio of clients, especially as the first adopter of the BindExpress FormMaker™ product," said Rod Giess, president of SBS. "Like many insurance companies, EOA must create and publish 'on the fly' forms and legal documents in order to issue policies. With BindExpress FormMaker, business users can create their own templates using industry standard tools like MS Word, map policy-specific data into those forms, and save the templates for use with future policies." The BindExpress Suite enables insurance companies, brokers and MGAs to customize solutions that increase productivity and scale their businesses for almost every insurance line, jurisdiction and reporting bureau. Built using open-source technologies, the BindExpress Suite's AlwaysCurrent Architecture™ is the only market solution that enables clients to customize the system as desired, yet accept all product updates and enhancements at any time, without retrofitting the customized code. About SpeedBuilder Systems SpeedBuilder Systems, Inc. ( www.speedbuildersystems.com ) offers large enterprise-class solutions for small to medium-sized P&C insurance carriers and MGAs. The BindExpress Suite® is an integrated set of components including policy administration , rating, automated underwriting, agent and consumer portals, product configuration , billing , claims , automated workflow, and document generation. About Eagle Ocean America Eagle Ocean America is a full-service insurance managed by Eagle Ocean Agencies, writing fixed premium Protection and Indemnity (P&I) and Hull coverages on brownwater and greenwater vessels throughout the United States.
SpeedBuilder Systems Frequently Asked Questions (FAQ)
Where is SpeedBuilder Systems's headquarters?
SpeedBuilder Systems's headquarters is located at 851 Pepper Street, Columbia.
Who are SpeedBuilder Systems's competitors?
Competitors of SpeedBuilder Systems include Insurity and 4 more.
Compare SpeedBuilder Systems to Competitors
Insurity provides policy administration, claims, billing, and analytics software to a wide range of insurance companies: large and small, national or regional, commercial, personal, or specialty lines writers, as well as MGAs. Insurity offers configuration options for all aspects of the insurance processing lifecycle.
Duck Creek Technologies offers intelligent solutions for the property and casualty insurance industry. Its product portfolio includes distribution management, reinsurance management, digital management, data insights, and other services. The company was founded in 2000 and is based in Boston, Massachusetts.
Majesco (NASDAQ: MJCO) is a provider of core insurance technology software and IT services to carriers worldwide. Majesco delivers solutions and IT services in core insurance areas including policy administration, billing, claims and distribution. The company was founded in 1982 and is based in Morristown, New Jersey.
Aureus Analytics offers artificial intelligence (AI) solutions for the insurance industry. Its AI-enabled software, SentiMeter, offers sentiment analysis of customers and enables clients to make informed decisions. It also offers data analytics to detect early claims and fraud. Additionally, it boosts sales and reduces misselling of insurance policies with Aureus recommender modeling. It was founded in 2013 and is based in West Hartford, Connecticut.
Gradient AI operates as an artificial intelligence AI) solution provider for the insurance and healthcare industry. It seeks artificial intelligence (AI) and machine learning (ML) solutions designed specifically for the insurance industry. It was founded in 2018 and is based in Boston, Massachusetts.
Concirrus specializes in transforming risk selection, pricing, and claims using developments in data analytics, artificial intelligence (AI), machine learning, and digitalization. Its platform uses a combination of advanced analytics, machine learning, and active risk management to solve the challenges faced by the marine, automotive, and insurance markets. industries. It was founded in 2012 and is based in London, United Kingdom.
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