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OpenFLEX Completes Bulk Mortgage Endorsement Automation Project

July 2003, OpenFLEX completes the Bulk Mortgage Endorsement Automation Project for California Fair Plan.

Impacted by the significant decrease in mortgage rate and other economic factors, CFP received skyrocketed requests for Mortgage Endorsement this summer. As a result, a number of temps were hired to help with the increased data entry workload. However, the result was not satisfying: only 2-3 hundred records were being processes daily while the number of requests are sometimes over one thousand. So CFP turned to openFLEX and asked them if they can do something about it…

A few weeks later, the bulk mortgage endorsement automation project was completed which enabled thousands of records to be processed by systems at once. CFP was fairly happy with the result.

 

 
For Insurance Executives

September, 2002


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3435 Wilshire Blvd, Suite 1200
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Phone: 213-252-2393
Fax: 213-252-9211
E-Mail: contact@openFLEX.com

 

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