Insurance Data Processing
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Insurance Data Processing (IDP), based in Wyncote, Pennsylvania, has IT solutions to both large and small Property & Casualty insurance companies since 1949. The company’s products and services have the ability to handle policy processing, billing, claims, and management and bureau reporting. The signature products include Acies/one, SURE, Vision, among others. Acies/one is a fully integrated system that includes Write-IT, Claim-IT, and Bill-IT modules as well as reinsurance and underwriting functions. SURE automates underwriting processes easily and efficiently and creates next-step workflows that reduce the time spent on underwriting new and renewal policies. Vision 21 is a system used for full processing of personal and commercial lines of business.
In addition to the corporate headquarters in Wyncote, PA, IDP also has facilities located in Solon, Ohio.
[edit] History
Established in 1949, IDP began when a group of five insurance companies and a reinsurance brokerage firm formed an accounting and statistical unit on a cooperative basis. Subsequent growth resulted in the formation of Mutual Tabulating Services, Inc. in 1953. Then in 1961, with the rapidly growing use of computers and entry of the company into the insurance computer industry as a professional insurance data processing organization, the name of the corporation was changed to Insurance Data Processing, Inc., better known as IDP.
In 1967, IDP was acquired by Marsh & McLennan, Inc., (Guy Carpenter & Co., Inc.), and in 1985 became a part of the Carlino Financial Group, a full service, Philadelphia-based financial organization. In 1997, ownership evolved into a Carlino/Gilbert partnership.
[edit] External links
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