NEW YORK – September 12, 2011 – Vitech Systems Group, Inc., a leading provider of insurance administration software, announced today that a major U.S. insurance company has selected Vitech for the implementation of Vitech's V3 System.
Vitech has been chosen to assist this major US insurer in the implementation of Vitech's V3 System as a new group and individual administration solution for over 1,500,000 policy holders. Vitech will help the insurer configure, test and deploy the V3 System through a multi-phase, multi-year implementation including extensive integration with existing legacy systems.
"We are so pleased that Vitech and the V3 System have been selected for this mission- critical software implementation," said Frank Vitiello, Vitech's CEO. "This is a tremendous statement as to the capabilities of both the V3 System and Vitech's service offerings. "
The V3 System is an enterprise solution that addresses the complex needs of insurance, benefit and financial administrators with a unique focus on group benefits. It supports enrollment, billing, administration and investment servicing in either stand-alone or integrated deployments. The V3 System is a fully browser-based, n-tier application that is extremely scalable and highly configurable.
About Vitech Systems Group, Inc.
Vitech Systems Group, Inc. is a leading provider of insurance, benefits and financial administration software to commercial, public and third party administrators. Vitech is headquartered in New York City and provides its clients with proprietary enterprise software, related implementation services, subject matter expertise and business processing support. For more information, please visit www.vitechinc.com.
Media Inquiries:
London Matusiak
Marketing Manager
+1 646.344.5332
lmatusiak@vitechinc.com