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COLUMBIA, SC – Seibels is pleased to announce that Centauri Specialty Insurance Company, a seasoned insurance provider utilizing Seibel’s processing software, has expanded its residential property products into new territory, including Louisiana, Alabama, and Mississippi. Centauri employs Seibels’ agile processing system IPX Enterprise Insurance Suite, a comprehensive web-based policy administration, billing, and claims system. Based in Sarasota, Florida, Centauri has grown from a single-state carrier to a super-regional company writing multiple lines. Through partnership with Seibels, Centauri has entered the market rapidly and efficiently.

“As an insurance technology and services provider, we fully understand the value of insurance management services, technology and industry expertise,” Seibels President Michael A. Culbertson said. “We’ve learned that insurers’ focus must be on core competencies and financial returns. Seibels enterprise insurance systems and processing services allow business executives to retain control over product and IT strategies while benefiting from reduced operating costs and risks without compromising service delivery to end users and clients.”

“Because of our partnership with Seibels, we are able to integrate advanced technology and services in a flexible and scalable manner,” Centauri COO Lora Rees said. ”The ease of use presented by IPX is a key component of our strategy to be the company of choice by our agency partners.”

Through the implementation of IPX, Centauri has capitalized on growth opportunities, reacted quickly to market conditions, and improved quality operations through skilled service and IT staff.

About Centauri

Centauri is a seasoned, admitted insurance provider with proven storm experience. Centauri launched in Hawaii in 2006, making it one of the largest hurricane insurance carriers in the state. In the US, Centauri began operations in the Gulf States area, first in Louisiana, followed by Alabama and Mississippi. Following a conservative, fiscally responsible philosophy, Centauri delivers stellar customer service and innovative products. For more information, visit www.centauriinsurance.com.

About Seibels

Seibels is an insurance industry provider of technology solutions, business process and hosting services, and claims administration services. From its start as a fire and life insurance company in 1869, Seibels has evolved and prospered over the past 140+ years. By leveraging its strong combination of insurance industry and technology expertise, Seibels helps today’s property and casualty insurers achieve operational efficiency. Seibels recognizes the value of quality customer service, strong client relations, and continuous innovation and integrity. For more information, please visit www.seibels.com

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