FORT LAUDERDALE, Fla.,
Oct. 26, 2016 /PRNewswire/ -- Patriot
Technology Solutions, Inc. ("PatTech"), a subsidiary of Patriot
National, Inc. (NYSE: PN), a leading provider of technology and
outsourcing solutions, today announced that Ashmere Insurance
Company ("Ashmere") has selected PatTech's flagship platform, PN
InsuranceExpertâ„¢ as their technology system.
PN InsuranceExpert is an insurance value-chain software platform
that includes core policy administration, billing, claims
management, a rating/underwriting engine, business rules and
workflow engines, document management, agency portal,
policyholder/customer portal, claimant portal, business partner
portal, reinsurance and business intelligence modules.
Additionally, the platform integrates with PatTech's InsurePay
Pay-As-You-Go and DecisionUR Utilization Review products.
"We are pleased that Ashmere has selected PN InsuranceExpert,
which is our flagship software platform known for its high level of
efficiency, productivity and collaboration for users," said
Steven M. Mariano, Chief Executive
Officer of Patriot National. "Technology is the cornerstone of our
business that enables us to create exceptional value for our
customers. This award exemplifies how our powerful operating
platform and technology leadership will continue to drive organic
growth and returns to our shareholders."
About Patriot National
Patriot National, Inc. is a
national provider of comprehensive technology and outsourcing
solutions that help insurance companies and employers mitigate
risk, comply with complex regulations and save time and money.
Patriot National provides general agency services, technology
outsourcing, software solutions, specialty underwriting and
policyholder services, claims administration services, self-funded
health plans and employment pre-screening services to its insurance
carrier clients, employers and other clients. Patriot National is
headquartered in Fort Lauderdale,
Florida. For more information about Patriot National, please
visit www.patnat.com.
About Patriot Technology Solutions, Inc.
Patriot
Technology Solutions ("PatTech") is a leading provider of
technology solutions for the property and casualty insurance
industry. PatTech focuses on insurance solutions that spotlight a
full core insurance suite solution with implementation expertise
and including; professional and consulting services and enterprise
data analytics with a cloud-based SaaS model. PatTech delivers
solutions that provide carriers with premium growth, policyholder
retention while lowering their cost of acquisition and reducing
their overall servicing cost. Patriot Technology Solutions is
headquartered in Fort Lauderdale,
Florida with offices worldwide. For more information about
PatTech, please visit www.ptsglobal.com.
About Ashmere Insurance Company
Ashmere Insurance
Company was recently acquired by National Fidelity Holdings, Inc.
Ashmere is licensed to offer all lines of property and casualty
insurance products in 36 states through a network of 4,200
independent agents. For more information, please visit
www.ashmereins.com.
Forward Looking Statements
This press release may
include statements that may be deemed to be forward-looking
statements. Words such as "may," "will," "should," "likely,"
"anticipates," "expects," "intends," "plans," "projects,"
"believes," "estimates," "positioned," "outlook," "Guidance," and
similar expressions are used to identify these forward-looking
statements. By their nature, forward-looking statements involve
risks and uncertainties, and there are important factors that could
cause actual results to differ materially from those indicated in
these statements. For example, our solutions may not perform as
anticipated, as well as those matters contained in our filings with
the Securities and Exchange Commission. Although we base these
forward-looking statements on assumptions that we believe are
reasonable when made, we caution you that forward-looking
statements are not guarantees of future performance or events and
that results may differ materially from statements made in or
suggested by the forward-looking statements contained in this press
release. Any forward-looking statement that we may make in this
press release speaks only as of the date of such statement, and we
undertake no obligation to update any forward-looking statement or
to publicly announce the results of any revision to any of those
statements to reflect future events or developments.
Media and Investor Contacts:
Cindy Campbell
Director of Investor Relations
Patriot National, Inc.
(954) 670-2907
CCampbell@patnat.com
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SOURCE Patriot National, Inc.