Topoix - Saves On Time, Saves On Cost

The award winning software product Topoix developed by Avaeon Solutions, a Galway-based software company, is proving a hit both at home and away. The product has secured a major new contract with US-based Safeway Insurance Group. The .NET-based framework claims to reduce development time, increase ease of maintenance and be highly scalable.

The new contract with Safeway Insurance Group will see the Avaeon Solutions provide Topoix along with a custom turnkey solution to automate policy lifecycle functions for Safeway’s entry into the homeowner insurance market. The system offers Safeway’s 450 insurance professionals and 2,000 independent producers with an industry-leading system to service more than 250,000 policyholders. The system will manage all aspects of the policy lifecycle, including automated underwriting, rating, policy issuance, policy change and a multitude of additional functions, including regulatory compliance, as well as electronic interfaces to over thirty external systems ranging from comparative raters, banks, fraud detection systems and law enforcement.

Safeway selected Avaeon’s award-winning application framework, Topoix, for its robust architecture which dramatically reduces source code and application development time. This framework efficiency will result in major cost savings for Safeway and provide a highly scalable solution for the future.

Avaeon’s managing director; Anthony Derham noted that in addition to providing a feature-rich application, Safeway needed a solution that is highly scalable, secure, and available 24/7/365. “Unless otherwise planned, the currently deployed Topoix applications for Safeway’s automobile insurance have been consistently available since first deployed more than two years ago. This uptime availability was a significant factor in Safeway’s decision to select Topoix as the platform-of-choice for this strategically important project. We are looking forward to assisting Safeway in moving into new markets and continuing to build our solutions to become market leaders.”

The much reduced code base used in Topoix results in an application that is easier to maintain ensuring a reduced TCO through the application lifetime. Donna Jonynas, Safeway’s Chief Information Officer, said, “Avaeon Solutions have provided us with a combined application that will have a much smaller code base than a traditional approach and thereby shortens the development time. Even with two relatively dissimilar insurance products of automobile and homeowner insurance, there is a significant amount of business rule reuse. Avaeon’s solution will produce significant savings beyond the initial deployment.”
For more information on Avaeon Solutions and Topoix log on to www.Avaeon.com

Short Biog on Avaeon Solutions Managing Director, Anthony Derham:
Anthony is a native of Loughrea, Co. Galway. He is a GMIT Graduate of Information Technology. Anthony Derham started his career, at Celtic International at their Galway office in 1989, the following year he moved to their Group headquarters in New York. He spent 5 years there where he headed up the Information Technology Group for their consumer products division.

He was appointed board director in 1994. On returning to Ireland in 1995 he joined ‘Direct Marketing Technologies Limited’ where his main focus was the US market. He founded Avaeon Solutions in July 2001. With responsibilities as Managing Director he is also heavily involved in the client management of Avaeon’s US customers; he travels there on a regular basis.
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