Insurance technology company Peak Performance claims it has moved closer to its goal of offering a complete end-to-end web-based processing solution following the acquisition of Envision Technology Solutions.
According to Peak Performance, Envision Technology Solutions is an established company providing a broad array of tools for insurance professionals in the fields of risk management, claims administration, and safety. Envision’s tools are said to be used by TPAs, self-insureds, and other organizations that are leaders in their industries.
Envision’s core solutions are said to include a suite of modular RMIS tools designed to assist risk managers and claims administrators in recording, managing, and analyzing claim and incident information, as well as a web-based incident reporting tool suitable for use with all lines of coverage.
Envision’s products are added to Peak Performance’s suite of solutions, supporting single point of service processing of insurance administration functions through a variety of web services.
Michael Osheroff, SVP of business development for Peak Performance, said, The acquisition of Envision Technology Solutions is a terrific fit with last month’s acquisition of PolicyPointe. Both of these systems represent best of breed in their respective markets, and by putting them together, we will soon be able to offer a complete end-to-end web-based processing solution.