November 19, 2017 3:23 PM ET

Software

Company Overview of ValueMomentum, Inc.

Company Overview

ValueMomentum, Inc. provides professional services and pre-packaged IT solutions to the insurance and financial services industries. It offers a portfolio of insurance solutions that include decision components to enable insurance carriers to automate decisions in the areas of products and eligibility, rating-pricing, and rates and fees; consolidate these decisions; and manage decision making logic through domain-workbenches. The company provides lending solutions that include a suite of engines and domain modeling workbenches to set up enterprise-class systems for managing products, rate and fee plans, rate and fee agreements, and pricing. It offers solutions for money management in the are...

220 Old New Brunswick Road

Suite 100

Piscataway, NJ 08854

United States

Phone:

908-941-1140

Key Executives for ValueMomentum, Inc.

Chief Executive Officer
Compensation as of Fiscal Year 2017.

ValueMomentum, Inc. Key Developments

ValueMomentum Inc Announces BizDynamics Release 1.3 to Enable Rapid Roll Out of Digital Experiences

ValueMomentum Inc. announced the availability of Version 1.3 of its BizDynamics - Digital EngagementPlatform. The new release enhances BizDynamics' powerful studios that equip insurers to design and deploy digital apps for agents, customers and employees with unprecedented ease. Enhancements to Out-of-the-box digital experiences: New account search and clearance capabilities including additional parameters for duplicate account check; Intuitive transaction history pane to access all prior policy transaction; Form chooser module to enable search and present price-bearing forms and corresponding schedules to speed up the quoting process; categorization of forms into mandatory, conditional, optional and conditionally optional; Endorsement capabilities to enable changes to the existing coverage before policy expiry date; and ability to enable agents to personalize and access notifications from the insurer " email, call, SMS based on time of day or day of week. Enhancements to BizDynamics Studios to enable rapid roll out of digital experiences: Richer drag and drop capability in the experience builder module to tailor apps easily and rapidly, without need to develop code; Ability to have multiple teams work in parallel to configure digital experiences; A quick navigation pane to provide access to resources library; Video player widget to present relevant information via a video to a user at an appropriate point so as to educate, guide and promote the insurer's products and coverages.

Franchise Risk Selects ValueMomentum Inc. for its Rating Software and Digital Engagement Platform

ValueMomentum Inc. announced that Franchise Risk Solutions has selected ValueMomentum's software to enable the launch of the company's new Business Owners Policy (BOP) program for franchisees.

Convelo Insurance Group Selects ValueMomentum Inc.'s Ifoundry Rating Engine

ValueMomentum Inc. announced that Convelo Insurance Group (Convelo) has selected ValueMomentum's iFoundry Rating Engine along with BizDynamics for enabling rating & quoting for commercial lines. Convelo's E&S rating requirements are based on ISO lines and will leverage ISO Electronic Rating Content (ERC). Convelo is a new and exciting Managing General Agent (MGA) start-up, which began operations mid-2017. Convelo is starting with Contractors General Liability for their initial Commercial Lines release. From there, they will quickly roll-out Transportation/Inland Marine, Property, Commercial Package; Personal Lines Home Owners, Auto, Personal Package, Flood, and other specialized programs that meets the needs of their customers, brokers, and agents. Product and Program innovation which aligns to the objectives of their carriers, coupled with the capabilities of the technical platform, will enable Convelo to swiftly be recognized as a serious differentiator.

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