CSIO Welcomes Software Provider Member Kumaran Systems

(Toronto – August 22, 2017) The Centre for Study of Insurance Operations (CSIO) is pleased to announce a new software provider member, Kumaran Systems.

Kumaran Systems is a global IT services company specializing in legacy application migrations, enterprise management solutions and insurance agency portal management. Established in 1990, the company has offices in Toronto, the United States and India, and has performed more than 2,000 projects in the fields of insurance, banking, telecom and IT.

“We are excited to bring the efficiencies and benefits of CSIO standards to our broker channel clients,” says Mohan Kumar Subramanyam, Founder & Chief Executive Officer of Kumaran Systems. “By incorporating standards into our incentricity product for insurance brokers and carriers, we will support our clients in establishing efficient, automated workflows and increasing their ease of doing business both internally and with insurance consumers.”

Kumaran joins a number of other vendors in becoming CSIO members this year, including organizations such as Guidewire Software, TechCanary and Deloitte.

“The growth in vendor membership is a clear sign that the value of standards is recognized and embraced by the technology companies in the P&C insurance industry,” says Catherine Smola, President & CEO of CSIO. “We welcome Kumaran Systems and look forward to seeing more companies join CSIO, to create further efficiencies in the broker channel.”

For a full list of software provider members of CSIO, visit: csio.com/membership/csio-members

– 30 –

About Centre for Study of Insurance Operations (CSIO)

CSIO is Canada’s industry technology association of property and casualty insurers, software providers and over 36,000 brokers. CSIO is committed to improving the consumer’s ease of doing business within the broker channel by overseeing the development, implementation and maintenance of technology standards and solutions such as eDocs, Telematics, eDelivery, eSignatures and eSlips. In addition, CSIO operates CSIOnet, a secure, industry-owned platform for the efficient exchange of policy information for the broker channel. CSIO maintains offices in Toronto and Montreal. For more information, visit www.csio.com.

For further information, please contact:

David Gambrill, MA | Communications Manager
110 Yonge Street, Suite 500 | Toronto, ON  M5C 1T4
(416) 360-1773 x 2323 | 1 (800) 463-2746 x 2323
dgambrill@csio.com | www.csio.com

About Kumaran Systems

Kumaran Systems Inc. has been in business for over 26 years, and is an IT Products and Services Company operating in Toronto, Canada since its inception in 1990. Kumaran helps businesses of every kind to compete and reach the next level through innovation, efficiency and performance. We specialize in Custom Application Development, Legacy Modernization, Database Migration, Re-Engineering and Integration, Business Intelligence & Data Warehousing Solutions, Digital and Mobile Solutions, Software Testing and Application Maintenance Services. Our Global Delivery Methodology has been refined and proven based on working with many customers across the globe. We work with some of the leading customers in all Industry segments. Specific to Insurance industry, we offer products and solutions across the Insurance value chain inclusive of Agency Portal Management, New Business Underwriting, Policy Management, Claims Management, Medical Records Management, Provider Network Management and Statutory reporting.

For further information, please contact:

Razi Parvez | Regional Business Head
701 Evans Avenue, Suite 509 | Toronto, ON M9C 1A3
(416) 626-1332 x 128 (Direct) | 647 292 8929 (Mobile)
razi.parvez@kumaran.com | www.kumaran.com