Specific Software Solutions & SIGMA Actuarial Consulting Group

Software tools and actuarial services for risk management and insurance professionals

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Work Comp Site Offers Reduced Cost License in Response to Market Conditions

BRENTWOOD, Tenn., Sept. 14 /PRNewswire/ -- As A.M. Best and other industry experts call for the workers compensation market to remain down through at least 2010, one company is aggressively adjusting its product pricing to help agencies move beyond low bid mentality in work comp insurance sales.

Officials from WorkCompEdge have announced a new Agency Plus license especially for insurance agencies to use for internal training and coordination of sales and service activities associated with helping employers control work comp costs. WorkCompEdge.com delivers workers compensation training, tools and cost-saving strategies in fifteen different areas, including hiring practices, safety, the premium audit, mod verification and analysis, medical clinic relationships, return-to-work, and more.

At $1,000 per year, the new Agency Plus license is a tenth of the cost of the site's original minimum license for insurance agencies.

"Our previous license options assumed that an agency would use the site and also provide their clients with access to WorkCompEdge," says Specific Software CEO Tim Coomer. "But we've listened and learned that many agencies weren't willing or able to assume these more significant costs, especially in the current market. We believe this new option will attract agencies who, at this price, can easily get into the site and take advantage of even one module to enrich their sales and service process. Or they can justify the license as a marketing expense, since they'll appear on our site's AgentFinder."

Agencies can still add site access for their clients on a per-user basis, or subscribe to a higher-priced exclusive license which includes custom marketing support and access for all their clients.

WorkCompEdge, which was recognized by LexisNexis for its leading blog (http://www.workcompedgeblog.com) and has won awards from the Society for Technical Communication, was launched a year ago by Specific Software Solutions, the developer of ModMaster software for experience rating mod computation and analysis.

About the Company

Founded in 1990, Tennessee-based Specific Software Solutions (http://www.specificsoftware.com) and its affiliate, SIGMA Actuarial Consulting Group, serve thousands of risk management and insurance professionals in companies of all sizes across the nation with software products and casualty actuarial consulting.


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