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Blue Cod Technologies Bucks Market Trends and Grows Business Despite Down EconomyMARLBOROUGH, Mass. --(Business Wire)-- Blue Cod Technologies, Inc., the leading provider of technology-enabled services for the property and casualty (P&C) insurance industry, today announced several significant growth milestones in 2010 including the expansion of operations in the Southeast, a regionalized sales team to support continued U.S. growth and improved service efficiencies through increased automation. "Regardless of economic dynamics, Blue Cod will always invest in the company's growth," said Jeff Brown, CEO, president and co-founder, Blue Cod Technologies, Inc. "In 2010 we continued to develop our business and invest in our people, technology and operations. These strategic decisions have positioned Blue Cod to deliver better solutions to our customers, while also increasing our business opportunities in 2011." Blue Cod Technologies' customers represent start-up, SMB and enterprise-class insurance providers in the Homeowner, Auto, Farmowners, Earthquake and Commercial Package markets. The company provides both custom and packaged on-shore Business Process Outsourcing (BPO), Professional Service and Information Technology Outsourcing (ITO) offerings that enable carriers to address their specific insurance service, support and/or technology needs. Growing demand for on-shore facilities, improved operational efficiencies, automated functionality and updated systems will continue to drive business for Blue Cod Technologies across the company's core service offerings in 2011. "Blue Cod has set an aggressive sales plan and business objectives for 2011," said Darren Horn, vice president, business development, Blue Cod Technologies, Inc. "With the current market demand for high-end insurance services combined with a healthy sales pipeline, we are confident in our ability to achieve our goals in the coming year." Key achievements in 2010 include:
About Blue Cod Technologies, Inc. Blue Cod Technologies, Inc. delivers technology-enabled services for the property and casualty (P&C) insurance industry. The company offers on-shore Business Process Outsourcing (BPO), Professional Services and Information Technology Outsourcing (ITO) to address the service, support and technology needs of start-up, SMB and enterprise-class insurance providers in the Homeowner, Auto, Farmowners, Earthquake and Commercial Package markets. Blue Cod's team of experienced insurance, technology and implementation specialists deliver high-end insurance services at a lower operational and capital expense than can be achieved through an organization's internal staff. Blue Cod Technologies offers customers the ability to create customized solutions or take advantage of specialized programs such as CEA Process, FAIR Plan Process, Assigned Risk Auto and Coastal Homeowner that bundle services to address common insurance challenges.
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