March 7, 2006 Austin, TX - March 7, 2006 - Myriad Development announces the signing of Quincy Mutual, the latest insurance customer for their RiskManager product. Quincy signed a multi-year license for Myriad RiskManager, a web-based property inspection processing and management platform that helps insurers better manage their multi-vendor inspection programs.
Myriad Development's RiskManager includes inspection standardization, underwriting workflow, and business performance management reporting. The solution provides insurance carriers with a minimum 3 to 1 return on their investment, by allowing customers to improve overall underwriting productivity.
"Quincy has several key technology initiatives underway to further improve our underwriting operations. Myriad's solution was very complementary to our overall efforts. We've been hearing positive reviews of it from others as well. " says Paula Laberge, a territory manager for Quincy.
"We are pleased to add Quincy to the rapidly growing list of RiskManager customers," says Myriad CEO, Chris Roussel. "Quincy's high standards of performance and customer service are well known in the industry. By utilizing RiskManager, they will continue to improve on those standards through more streamlined and efficient operations."
About Quincy Mutual
The Quincy Mutual Fire Insurance Company offers a full range of insurance products to protect the property and liability needs of individuals and businesses. Quincy offers these policies through more than 500 Independent Insurance Agents located throughout the New England states as well as New Jersey, New York and Pennsylvania. The Quincy Mutual Group has over $343 million of insurance premiums in force, serves more than 300,000 policyholders, and handles over 30,000 claims each year. Quincy Mutual is Rated A+ (superior) by A.M. Best, and is proud to have earned that designation for more than 50 consecutive years.
About Myriad Development, Inc.
Myriad's technology products automate highly labor-intensive manual processes to achieve significant cost savings for their customers. Myriad's insurance line enables customers to better evaluate risk and improve profitability through automation and standardization. The system provides the capability to produce powerful analytics that allow insurance carriers to achieve a comprehensive understanding of their risk. Myriad's solutions are also used by leading real estate related companies to achieve compliance with property hazard disclosure laws
Myriad is located in Austin, TX at 6300 Bridgepoint Parkway, Building 1 Suite 100.
For more information visit our website or call 866-302-3262 ext. 4309.
Chris Roussel - CEO