Kodak, Insurance Software Company, in Joint Venture Agreement
ROCHESTER, N.Y. (AP) _ Eastman Kodak Co. and Policy Management Systems Corp. have agreed to devise an interface between Kodak’s office information systems and Policy Management’s computer software for the insurance industry.
The agreement was announced Monday.
Policy Management, based in Columbia, S.C., is the leading provider of computer software to the property, casualty and group insurance industries. The firm sells its software applications to 500 property and casualty and 150 group insurance companies in seven countries.
Kodak spokeswoman Margaret Baranowski said the new agreement will eventually allow insurance companies to use Kodak’s equipment and Policy Management’s computer programs for access to a wide range of information.
The Kodak KIMS system, which will be interfaced with Policy Management’s Client Information Service, includes various individual workstations which can be hooked up to such things are electronic printers, microfilm storage and optical disk libraries.
The Client Information Service allows companies to gather a wide variety of computer information in banking, real estate and other areas on one database.