All Press Releases for July 05, 2016

Megalodon Makes Waves at IASA Conference

Web-based policy and claims management system offers powerful functionality, affordable price to an underserved market.



    MIDDLETON, WI, July 05, 2016 /24-7PressRelease/ -- Megalodon Insurance Systems introduced its new, client-centered policy and claims management software at the recently completed Insurance Accounting & Systems Association Annual Education Conference and Business Show in San Antonio, TX. Conference attendees who visited Megalodon's booth received an exclusive preview of the web-based system.

Megalodon was created to meet the needs of insurance companies that find themselves outgrowing their outdated systems and want to upgrade, but are prevented by huge upfront costs and expensive licensing fees. This new software system offers power and functionality for companies of any size, yet is affordably priced for small and mid-size insurance companies.

"Megalodon's mission is to provide captive managers, risk retention groups and small to mid-size insurers with industry leading technology with pricing that doesn't cause sticker shock," said Megalodon founder and CEO, Bill Montei, an insurance industry veteran of over 30 years. "By reducing implementation and customization costs and using the SaaS model, Megalodon is able to bring an all-in-one system into reach with affordable upfront licensing and maintenance costs along with expert change management to help with a smooth implementation."

The system's clean interface creates an intuitive user experience allowing for seamless navigation between policy, claims and billing platforms - often in no more than two clicks. The software doesn't bother with traditional, confusing menus and drop-down boxes. Instead, its tab-based structure allows "client-centric" navigation, meaning everything an underwriter or claims representative needs is reachable from a single screen - including all internal and external email communications with or about a client.

A live demo can be requested by visiting: www.megalogonsystems.com.

Located in Middleton, Wisconsin and founded by the former CEO of a large medical professional liability insurance company, Megalodon Insurance Systems has created and delivered a robust policy and claims management system that customers won't have to pay exorbitant upfront costs and expensive annual licensing fees to use. Megalodon's powerful, easy-to-use system is priced at a 25% to 50% discount relative to larger software companies. Learn more at www.megalodonsystems.com.

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Contact Information

James Reuter
Megalodon Insurance Systems
Middleton, Wisconsin
United States
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