Synechron Wins ACORD Compliance Award for its Industry-Leading Mobile Platform for the Auto Insurance Industry

NEW YORK, NY, October 31, 2012 (Press-News.org) Synechron Inc., a leading provider of technology solutions for the insurance and financial services industries has been recognized with an award for its Mobile Platform for the insurance industry. ACORD is the global standards organization for the insurance industry. The ACORD Award is presented at the annual ACORD Implementation Forum in Fort Lauderdale.

The ACORD award is of great importance to Synechron, as its industry-leading mobile insurance framework for the auto insurance industry was received for an entirely new award category in the list of solutions and platforms. Synechron also hosted a special session at the Implementation Forum to highlight the scope, usability and benefits of the newly developed framework as well as cover the relevant technical aspects.

Synechron's Mobile Platform enables carriers, producers, and policy holders with 'anytime, anywhere' access to their insurance policies as well as many self-service features while supporting ACORD transactions. The framework empowers insurance carriers to explore new growth areas, promote customer loyalty and retention, improve operational efficiency, and generate new business opportunities. This mobile solution framework is designed for leading smart phone carriers including Apple, Android, and Blackberry.

The framework enhances user experience by allowing them to perform various functions on their smart phones such as raising a claim, viewing policy information, and managing personal information. Other value added services can also be accessed via the framework such as Accident toolkit, Roadside Assistance, alerts/warning message, pre-configured/configurable text messages, and sharing information as well as news updates via social groups.

Speaking on the achievement, Faisal Husain, Chief Executive Officer at Synechron said, "Winning the ACORD award for our Insurance-specific Mobile Platform strengthens our resolve to continuously innovate technology tools and systems, in line with the business objectives of our clients. Our mobile platform will allow for a smooth transition of processes onto mobile devices, enabling small to medium sized insurance businesses to achieve their mobility goals, reduce costs, and enhance user experience."

"It is a proud moment for all of us here at Synechron to have won an award for our mobile platform for the Insurance industry", says Duane Blanchette, Managing Director, Synechron. "It shows the tremendous efforts we have put in and the level of technology expertise we have gradually build-up over the years."

Marcia Berner, Director, Implementation Services, ACORD, congratulated Synechron on the win and commented, "ACORD congratulates Synechron on making the choice to use the ACORD Standards in its mobile platform. The ACORD Awards are designed to recognize innovation and provide integration opportunities for processes that promote the ability for constituents to do business more efficiently."

Synechron, founded in 2001, is globally a 4000+ professionals company, headquartered in New York. It has presence across the US, Canada, UK, The Netherlands, UAE, Japan, Hong Kong, Singapore, and state-of-the-art Development Centers based in Pune, India. Synechron specializes in Banking, Insurance and Financial Technology services and its value proposition lies in its global delivery model, harnessing industry expertise from established markets such as New York, London and Tokyo with complementing technical edge through its development centers in India.