DCAP Group Selects AMS 360 and AMS SETWrite
AMS Services, a leading provider of software solutions for the insurance industry, today announced that DCAP Group, Inc. (NASDAQ: DCAP) selected AMS 360® to manage its multiple agencies and the AMS SETWrite™ real-time, multiple-carrier rating solution for its 71 stores. DCAP Group, Inc. franchises, owns and operates storefront insurance agencies under the DCAP, Barry Scott, Atlantic and Accurate brand names. The company’s storefront locations serve as insurance brokerages, placing various types of insurance on behalf of its customers, which includes many small businesses. DCAP Group is the largest chain of independent insurance brokerages in the Northeast focusing heavily on automobile, motorcycle and homeowners insurance.
Because of the growth DCAP Group has experienced over the past five years, the company wanted to provide professionalism and consistency across all of its stores including the ability for each store to deliver the right insurance choice that best fits the needs of its customers and prospects. In order to do this, the company needed one agency management system and one comparative rating solution for all 71 stores.
“DCAP Group was looking for a complete, single-vendor solution that would expand with us as we meet our future growth goals,” said Barry Goldstein, chairman and CEO of DCAP Group. “With the integration between AMS 360 and AMS SETWrite, we will be able to provide the best possible rates and customer experience across all our stores.”
AMS 360 is a proven agency management system that provides a complete view of an agency’s business by seamlessly bridging agency information, business relationships and management tools as well as easily connects agencies with carriers. AMS SETWrite is a real-time, multiple-carrier rating system that reduces keystrokes and redundant processes to deliver accurate rates directly from carriers.
Both systems are fully integrated to provide a single solution that allows agencies to be more productive and profitable. For DCAP Group, AMS Services is providing a branded solution that will allow DCAP Group to streamline its operations and protect its investments.
“AMS Services is providing DCAP Group with the integrated solutions crucial to sustaining and growing their business,” said Bill Bunker, senior vice president of product management and marketing at AMS Services. “We are pleased to have been chosen by DCAP Group to partner in their growth initiatives. We look forward to working with them for many years.”
About AMS Services
Vertafore, Inc. d/b/a AMS Services is dedicated to helping independent insurance agencies achieve maximum performance and operational efficiency. The business offers a comprehensive, insurance-specific solution for managing critical business activities, including agency management, rating, benefits, performance management and carrier connectivity. With more than 150,000 users in over 15,000 agencies, as well as 600 carrier partners, AMS Services is a proven market leader providing the strategy and scalability to help independent agencies excel now and in the future. For more information on AMS Services, please visit www.amsservices.com
About DCAP Group
DCAP Group, Inc. owns and operates the largest chain of independent storefront insurance agencies in the Northeast. Through DCAP Insurance, Barry Scott Insurance, Atlantic Insurance Agency and Accurate Agency, DCAP Group provides automobile insurance (and to a lesser extent, motorcycle and homeowners), enhanced by complimentary premium financing capabilities, to retail customers in New York, New Jersey, and Pennsylvania. Other products include automobile club service for roadside emergencies and income tax preparation services. As of October 31, 2006, DCAP had 71 owned or franchised storefront locations.
AMS and SETWrite are trademarks of Vertafore, Inc. The names of actual companies, business units and products mentioned herein are trademarks of their respective owners.