NU Online News Service, March 16, 2005, 4:30 p.m. EST
An Edison, N.J., company says more life insurers have agreed to use its Web-based life insurance company sales and administration systems.[@@]
The company, NaviSys Inc., has licensed components of its NaviSys Enterprise Platform system to 6 insurers over the past 6 months, bringing the total number of customers using the system to 26, NaviSys says.
Half of the customers that signed the new licensing agreements are first-time NaviSys customers, and the other 3 customers are companies that are expanding their relationships with NaviSys, NaviSys says.