Joint Agreement with AssureSoft
Focus Solutions Group PLC
17 April 2000
FOCUS JOINS FORCES WITH ASSURESOFT TO ENABLE ELECTRONIC NEW
BUSINESS APPLICATION PROCESSING FOR ASSUREWEB'S IFAS
Focus Solutions Group plc, the leading provider of e-commerce
software tools for the life and pensions industry, has
announced an agreement with AssureSoft to provide its
electronic data capture solution goal:proposal to the IFA
service provider. goal:proposal will enable AssureWeb's 4,000
registered IFAs to collect and transmit new business
applications electronically.
Focus has been working with industry standards body Origo to
help bring about XML-based standards for electronic collection
and processing of customer data. Its capture and processing
solution goal:proposal is fast becoming the solution of choice
for IFA service providers and insurance companies alike as
they build electronic trading capabilities.
Mark Lofthouse, managing director, AssureSoft, said:
'We have aggressive plans for the development of AssureWeb's
services including offering a secure electronic trading
platform. Focus'goal:proposal allows us to offer our
customers the ability to capture client information
electronically and then send it via AssureWeb to the relevant
product provider for confirmation.'
As well as gaining agreements with three of the insurance
industry's service providers, Focus has sold goal:proposal to
ten of the top UK insurance companies including CGU, Legal &
General, Norwich Union, Prudential and Scottish Equitable.
John Streets, managing director of Focus, commented on the
deal:
'The three largest 'live' IFA service providers have now
chosen goal:proposal as their solution for new business e-
commerce, meaning that a majority of IFAs will now be able to
use electronic trading of new business proposals.the warm
reception from IFAs and their service providers to the
introduction of the new technology is generating great
confidence in the industry that the associated business
benefits long discussed, will soon be a reality'.
Focus Solutions Group plc floated on the London Stock Exchange
on 22nd March 2000.
For further information contact:
Mark Loosmore, Sales and Partnership Director, Focus
Focus Solutions Group plc
The Innovation Centre
Warwick Technology Park
Warwick CV34 6UW
Tel: 01926 623090
Email: mailto:mloosmore@focus-solutions.co.uk
Miles Clayton/Susie Tempest
Citigate Technology
Tel: 020 7282 2955/2967
Email: miles.clayton@citigatetechnology.com