| Business Summary | | INSpire
Insurance
Solutions,
Inc.
is
a
provider
of
policy
and
claims
administration
outsourcing
solutions
to
the
property
and
casualty
(P&C)
insurance
industry.
INSpire's
outsourcing
services
include
application
of
underwriting
and
rating
criteria
defined
by
the
insurer,
policy
issuance,
policyholder
mailings,
customer
service,
billing
and
collections,
claims
adjusting
and
processing,
and
information
technology
(IT)
services.
INSpire
also
provides
software
and
software
services
to
the
P&C
insurance
industry.
These
products
include
policy
and
claims
administration
systems,
as
well
as
systems
that
increase
the
productivity
of
insurers
by
automating
certain
functions,
such
as
workflow
management,
underwriting
rules
and
guidelines,
document
production,
and
rating
algorithms.
The
Company
utilizes
these
systems,
which
run
on
a
variety
of
platforms
to
provide
its
outsourcing
solutions
and
to
support
software
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | INSpire
Insurance
Solutions
and
subsidiary
is
a
provider
of
policy
and
claims
administration
and
information
technology
outsourcing
services
to
the
property
and
casualty
insurance
industry.
For
the
six
months
ended
6/30/01,
revenues
decreased
49%
to
$36.7
million.
Net
loss
before
accounting
change
totalled
$7.3
million
vs.
income
of
$2.1
million.
Results
reflect
contract
terminations,
and
increased
administrative
costs
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Pergande, 38 Chairman,
CEO | $108K | Patrick Grady, 43 CFO,
Director of Investor Relations, Treasurer, Sec. | -- | Gordon Gaar, 38 VP,
Outsourcing Systems and CTO | 213K | Ann Mirabito, 46 VP
and CMO | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|