10639 Welch Road
Orient, OH 43146
Phone 614.344.4640
Fax 201.792.0785
www.peakpsi.com

CONTACT:
Peak Performance Solutions, Inc.
Matthew Abbitt
mabbitt@peakpsi.com
614.344.4645

Peak Performance offers a Virtual Insurance Policy Administration Solution for “Customer to Carrier Processing”

Columbus, Ohio, May 30, 2006:  Peak Performance, a leading provider of process software and solutions for the insurance industry, announces a revolutionary alternative approach to traditional insurance administration.

PolicyPointe® - www.policypointe.com - is a web-based solution that supports an innovative approach to administrating insurance programs, while reducing overall program costs and improving customer service for high-volume lines of coverage. PolicyPointe connects users with the information and processing functionality they need through a reliable, single point of service solution ideal for executing large volumes of transactions in a controlled, efficient, and secure manner.

Customers access PolicyPointe online for secure, self-service policy administration and real time processing in the Virtual Service Center. This enables full “Customer to Carrier Processing” with carrier defined automatic execution and electronic delivery of all elements of policy underwriting, rating, sales and issuance administration. Customers can have policies delivered via e-mail, fax or regular mail, and can make payments online or by mail using the PolicyPointe’s billing and accounting system.

Insurance Carriers use PolicyPointe for rating and underwriting risks, with policy and endorsement issuance based on pre-defined, carrier determined criteria. Policy applications and endorsements requiring exception processing are identified and placed in a queue, with an automatic notification to underwriters so they can review and take action on the information before moving them back into the automatic fulfillment process. Agents can also benefit from this approach, streamlining their operations with customers and carriers.

PolicyPointe is one of many solutions in Peak Performance’s suite of products that support insurance and risk management through the use of web services.  Peak’s proven solutions support an all-inclusive single point of service processing approach, based on the successful functionality of Peak’s industry-recognized systems.

Steve Isaac, CEO of Peak Performance states “PolicyPointe is a truly innovative approach to insurance administration that will transform any carrier’s insurance program into a high volume, ‘ease of doing business’ model resulting in high rates of return, improved customer service and high retention rates.” 

About Peak Performance
Founded in 2004, Peak Performance is an end-to-end insurance process solution provider offering Property & Casualty insurance organizations one-stop shopping for technology solutions and services that deliver measurable and defendable ROI, from reduced operating costs to improved loss ratios.  Our unique approach combines mature and proven software solutions with web services and other modern technologies to redefine end-to-end processing.  Others look to end-to-end as little more than automating processes from policy and claims, while we extend the definition to include streamlining processes throughout the entire operation.

For more information on Peak Performance products and services, please call 614-344-4640 Or visit our website at www.peakpsi.com