Publicly Traded, Growth Oriented Insurance Group Selects Next Generation Regulatory Compliance Solutions
PITTSBURGH, PA, Monday September 12, 2011, Compliance Assurance Corporation (CAC), the leading provider of the most unique, comprehensive enterprise governance, risk, and compliance management software solutions for the insurance industry, announced that AssuranceAmerica has selected Comply On Demand EnterpriseTM (CODETM) to manage risk related to regulatory compliance.
Under the agreement, AssuranceAmerica will utilize CODETM to mitigate risks associated with the regulatory challenges that firms in the insurance industry face. Mark Hain, Executive Vice President, General Counsel and Secretary, said: “After a thorough evaluation of systems and software, we believe CAC’s solutions will improve efficiencies, enhance transparency, and help us ensure compliance.”
“AssuranceAmerica’s decision to select CODE to mitigate regulatory risk is continued validation of the superior value our solution is driving into the marketplace,” said Jerry Shafran, President and CEO. He continues: “We are thrilled to add them to our growing client list.”
About AssuranceAmerica Companies:
Founded in 1998, Assurance America provides property and casualty insurance to the non-standard private automobile segment. Assurance America, headquartered in Atlanta, Georgia, is comprised of AssuranceAmerica Insurance Companies and Trustway Insurance Agencies. AssuranceAmerica Companies provide insurance management services and insurance wholesale services through over 2,600 highly professional independent agents. Trustway Insurance Company is a wholly-owned subsidiary and provides insurance services through retail agency operations. As a result of their assets and focus, AssuranceAmerica has a broad blend of wholesale and retail insurance operations specializing in non-standard auto insurance.
About CAC:
Compliance Assurance Corporation provides the most comprehensive enterprise governance, risk, and compliance management software solutions for the insurance industry. Comply On Demand EnterpriseTM (CODETM) – our firm’s Software-as-a-Service (SaaS) solution suite – helps insurance companies reduce costs, improve efficiencies, enhance transparency and ensure compliance. Customers using CODETM realize improved efficiencies, as well reduced regulatory and reputational risks. For more information on Compliance Assurance Corporation and Comply On Demand Enterprise™, visit www.complyfast.com or call 1-877-690-6201.
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Contact:
Alison E. Novicki
Administrative Services Manager
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1-877-690-6201, ext. 306

