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Bryan Stuart
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bstuart@appulate.com
Appulate Launches LossRunner F2X™
New Technology From Appulate Converts Loss Runs to Data
Agoura Hills, CA – May 15, 2013 Appulate, Inc., the leading provider of forms conversion technology for the property and casualty sector of the insurance industry has launched a new product, LossRunner F2X™.
LossRunner F2X™ is a powerful solution that converts loss run forms (received via fax or email) into data. “F2X” refers to the product’s ability to read forms and convert them into XML. LossRunner F2X is designed to reduce internal data entry and streamline back-office processing of loss runs.
“LossRunner F2X takes advantage of the work we have been doing for the last 7 years in building the most advanced solution for converting insurance forms to XML,” said Dimitri Nikouline, Co-Founder and Chief Technology Officer at Appulate Inc.
Appulate is best known for its FormsReader A2X, which reads and converts ACORD forms to XML. Demand for this product increased significantly over the last 12 months as insurance carriers battle an increase of applications; a result of a better economy. The company now looks to provide additional cost / time savings to its customers in the processing of loss runs.
“The processing of loss runs has long been a burden on insurance carriers and is a problem that we are uniquely positioned to help solve” added Nikouline.
About Appulate
Founded in 2005, Appulate offers an unprecedented level of connectivity to streamline business processes through its innovative abilities to bridge data between insurance systems. The combination of our advanced technology, outstanding level of service and high value proposition have made us one of the fastest growing technology companies that serve the insurance industry.
Visit Appulate at www.Appulate.com