The Service Group Announces Nine Months of Successful Production Leveraging SEcureTransmit Provided by The StoneEagle Group
SEcureTransmit provides dealers access to electronically rate and submit sold aftermarket product data to service group on a real-time basis.
Dallas, TX (PRWEB) June 12, 2006 -- Service Group, a leading provider of Finance and Insurance products, services and technologies to over 750 automobile dealers and one of the largest writers of credit insurance in Texas and New Mexico, announced that it has successfully transitioned from manual entry processes and has been utilizing SEcureTransmit provided by StoneEagle for over 9 months. SEcureTransmit is one of many StoneEagle product lines Service Group offers to their dealers.
SEcureTransmit eliminates the manual entry of data at the dealer and administrator levels, reduces fulfillment time and errors associated with rating products and data entry. SEcureTransmit maximizes product sales and drives profitability for dealers, agents and aftermarket product providers by actually reducing the costs for processing new business.
“Implementing the SEcureTransmit application meant not only a change to our technology but also to our internal processes and culture for managing new business. After several months of successful use of the solution in our production environment we have been able to significantly increase our productivity, easily overcome the month end crunch and even decrease our new business entry costs by reallocating resources. The SEcureTransmit solution is offered at a fraction of the cost of other providers and is the only solution I know of that is actually in production rather than under construction,” said Bob Newton, vice president of information technology at Service Group.
According to Cindy Allen, StoneEagle vice president, “While our SEcureRate solution has been available and utilized in the industry for over five years, the addition of the SEcureTransmit application last year has been what administrators needed to complete the vision of electronic rating and delivery of business. Our long term relationships with both the administrators and the major dealer management system providers, has meant that we can leverage experience and exposure that no other provider has in the industry today.”
About The StoneEagle Group
The StoneEagle Group provides software solutions and enterprise administration systems that power Insurance Carriers, Service Contract Administrators, Third Party Administrators and Aftermarket Providers. StoneEagle leverages technology to create safe and secure connection points between Administrators and their Automobile Dealer, Bank and Credit Union clients, resulting in a multi-function solution suite of applications. Headquartered in Richardson, Texas, StoneEagle personnel have been involved in providing software applications to the insurance and related industries since 1967.
About Service Group
The Service Group background is one of tremendous success that stretches over 60 years. Starting off with a handful of accounts, Service Group now services over 750 automobile dealers and has become one of the largest writers of credit insurance in Texas and New Mexico.
Service Group is driven in more ways than one. Service Group, through insurance division Service Lloyds, provides workers' compensation coverage to automobile dealers in Texas. Its Service Life and Casualty Insurance Company offers credit and gap insurance to consumers through dealers in Arizona, Colorado, Louisiana, New Mexico, and Texas. Service Guard offers service contract programs in several states. The company writes and sells products directly and through a network of independent agents and managing general agents.
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