Connective Technologies announces an exclusive alliance with Torrent Technologies for providing TEAM-UP Download and Translation Solutions via TorrentFlood®, the newest and most advanced policy and claims processing solution for carriers participating in the National Flood Insurance Program (“NFIP”). Connective and Torrent will launch this strategic alliance with mutual client, Tower Hill. The TEAM-UP solution provides once-and-done processing in an industry compliant, data-secure environment for agency downloads. Tower Hill is utilizing the power of TorrentFlood® to rapidly grow their flood book and will be the first carrier in the NFIP to bring this advanced and integrated agency download solution to the flood insurance market.
Travis Pine, Torrent’s CEO / Chairman, commented, “Agency download is one of the top challenges facing both carriers and agents today in the NFIP as they are faced with antiquated technology and expensive, outdated solutions. We evaluated a broad range of options and determined that TEAM-UP Download is the most intuitive and secure solution for our carrier client’s agencies and are excited about this exclusive arrangement to integrate yet another value-add feature into TorrentFlood®.” Pine continued, “The common progressive philosophy of our respective organizations is what first attracted me to Connective. But the power of seamlessly integrating our contemporary technologies is what sold me on this arrangement. Our partnership ensures that our common carrier clients simply have the best solution for agency download in the NFIP today.” Pine concluded, “We are extremely pleased to have Tower Hill as our first common carrier client to bring this new agency download solution to the flood insurance market – it speaks volumes of their commitment to their agents. Additionally, we are excited about the other carriers that we have slated to launch with Connective in the coming months.”
Dic Marxen, CEO of Connective Technologies, adds, “We are pleased that Torrent Technologies selected TEAM-UP as their exclusive alliance partner for agency download. This additional distribution channel will compliment our growing list of TEAM-UP Download carriers with an industry-leading, complimentary state-of-the-art solution set for carriers’ flood programs. With our recent signing of Tower Hill, and having them earmarked as our first common client with Torrent, it’s a three-way win for all of us!”
Jane Johnson, Marketing Vice President of Tower Hill, states, “We are excited that this new alliance brings Tower Hill yet another step closer to providing one-stop shopping for the convenience of our independent insurance agents and their customers. An integrated solution will prove to be an invaluable resource for our agents and staff in terms of saving time and improving system efficiency.”
About Tower Hill Group, Inc.:
Founded in 1972, Tower Hill has grown into one of Florida’s largest writers of residential property insurance. Tower Hill’s products are marketed exclusively through its network of independent insurance agencies. Tower Hill offers homeowners, mobile homeowners, dwelling fire, condominium, renters, commercial and flood coverage. The company’s corporate headquarters is located in Gainesville, Florida. For more information about Tower Hill, visit www.thig.com.
About Torrent Technologies, Inc.:
Torrent is the leading provider of innovative technologies and flexible servicing options to insurance companies participating in FEMA’s National Flood Insurance Program. Torrent is the only 100% web-based flood insurance policy processing and claims administration system (TorrentFlood®) that is designed to accommodate flexible servicing strategies that allow Torrent to offer clients unparalleled ease-of-use and customer service, while reducing overall servicing costs, fees and compliance issues with FEMA. To find out more about Torrent Technologies or our flagship product, TorrentFlood®, please contact Travis Pine at (206) 336-1902 / travis@torrentcorp.com or visit our website at www.torrentcorp.com.
About Connective Technologies, Inc.:
Connective Technologies, Inc. is a leading provider of e-Commerce business solutions for the property and casualty insurance industry, specializing in Internet interface solutions for carriers and their agents. Connective has used its many years of experience with leading agency management systems and traditional batch EDI to pioneer the approach, which has helped it become the leading provider of bridging and Internet-based interface solutions in the industry. Connective provides implementation services for its flagship products, TEAM-UP Upload, Download, and Data Translation Services, as well as Site Development and Web Services.