6 Jan 2012
Fortegra Announces Deployment of eReinsure Placing Platform Completed for Navigators Insurance Company
JACKSONVILLE, FL -- Jan. 06, 2012 -- Fortegra Financial Corporation (NYSE: FRF) announced that it completed deployment of its eReinsure placing platform for Navigators Insurance Company in the fourth quarter. Navigators' underwriters will use the internet based system to manage the procurement of facultative reinsurance in the United States and United Kingdom.
"We are delighted to add Navigators to the network of eReinsure users," said Rick Kahlbaugh, Chairman, President and Chief Executive Officer of eReinsure's parent company, Fortegra Financial. "The eReinsure team has built the leading platform for placing facultative reinsurance. New additions such as Navigators enhance the market network of buyers, sellers and brokers that benefit from this web based interconnectivity."
eReinsure (www.ereinsure.com) provides internet technologies for reinsurance negotiation, documentation, and other functions that support process efficiency, compliance and management information. eReinsure has over 16,000 users and every day provides underwriters in 80 countries around the world with a cost effective and proven control system for managing reinsurance.
About Fortegra Financial
Fortegra Financial Corporation is an insurance services company that provides distribution and administration services and insurance-related products to insurance companies, insurance brokers and agents and other financial services companies in the United States. It sells services and products directly to businesses rather than directly to consumers. Fortegra's brands include Life of the South, Consecta, Bliss & Glennon, eReinsure, Motor Clubs, and Pacific Benefits Group. Additional information about Fortegra can be found at www.fortegra.com.
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