Finance Articles

Xbridge Limited is Deploying Lombardi Business Process Management (BPM) Suite for Policy Administration: Leading UK Online Insurance and Finance B

LONDON (Business Wire EON) October 29, 2007 -- "We found Lombardi's 'out of the box' process optimisation and simulation capabilities to be much stronger than other products that we reviewed," said David Brakoniecki, Operations Director at Xbridge. "The ease of use and flexibility of Teamworks were extremely important factors since our business is growing at such a fast pace."

Xbridge is an FSA-regulated insurance broker, providing instant on-line comparative quotes 24/7, for a wide range of businesses insurance products such as public liability insurance, landlord insurance and employer's liability. Xbridge is also the UK's leading asset-based lending introducer and provides comparative quotes from leading UK Banks and lenders for Invoice Finance, Commercial Mortgages and Buy to let Mortgages. Xbridge has strong partnerships with a multitude of partner websites such as AOL, Tiscali, MSN and Moneysupermarket. Through these strategic partnerships and strong search tactics, the company provides hundreds of thousands of quotes for businesses per year.

Xbridge will initially use Teamworks to coordinate those business processes that support the sale and administration of commercial insurance policies. As part of the solution, Teamworks will manage the workflow within the contact centre to identify leads which require further contact as well as policy renewals follow-up activities. Teamworks also maintains a complete audit trail for each policy through its life-cycle, and provides daily reports and real-time notifications to management so that it may monitor critical business events.

"Teamworks is trusted to manage important customer-facing business processes by companies around the world," said Rod Favaron, president and chief executive officer at Lombardi. "We are proud to help financial services and insurance organisations such as Xbridge manage, scale and improve their core business processes."

Lombardi Teamworks (www.lombardi.com/bpm-software-products.php) is the leading BPM software for designing, executing, and improving business processes. Teamworks for Office(TM) (www.lombardi.com/bpm-microsoft-office.php) makes it easy for anyone to participate in business process management using the familiar Microsoft(R) Office System products. Lombardi Blueprint(TM) (www.lombardi.com/bpm-blueprint-product.php) is the only on-demand collaborative process planning tool that enables companies to map processes, identify problems and prioritise improvement opportunities.

About Xbridge

Xbridge was founded in 2000 and is the UK's leading online finance and insurance broker for business. Thousands of small firms get quotes tailored to their needs, for small business insurance, to landlord insurance, buy to let mortgages and invoice finance. Businesses seeking quotes can go to the Xbridge flagship brand, http://www.simplybusiness.co.uk

About Lombardi

Lombardi is a leader in business process management (BPM) software for companies, systems integrators and government agencies. We offer award-winning BPM technology, know-how and services to help our customers become Process-Driven. Lombardi products are built on open standards and provide ongoing prioritisation, planning, visibility and control of business processes, increasing the speed and flexibility with which organisations can manage their business process activity and decision-making.

Lombardi is behind some of the largest, most successful BPM implementations in the world. Our customers include Allianz Life, Aflac, Dell, Hasbro, ING Direct, Maritz Travel, Reuters, Renault F1 Team, Sprint, T-Mobile, The UK Insolvency Service, Universal Music Group and the U.S. Government. For more information, visit www.lombardi.com.

Lombardi, Teamworks are registered trademarks and Teamworks Process Optimizer, Teamworks Portal, Teamworks for Office 2003 and Lombardi Blueprint are trademarks of Lombardi Software, Inc. All other company/product names and service marks may be trademarks or registered trademarks of their respective companies.

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