Fox also expects TowerStreet to be the key to competitive Internet sales for many agencies, providing the application and rating functions that will allow them to compete with direct marketers and other online producers. The system will also enhance the internal workflow of agencies, he says. Eventually, customers will be accessing aspects of TowerStreet directly, entering their own data and maintaining their own files, relieving agencies from many routine administrative tasks. TowerStreet is a new company, and the seventh technology subsidiary of AMS Holding Group, which has been in the insurance agency technology industry since 1975. The company has more than 30,000 insurance industry customers.
Services specializes in agency management and enterprise software for agencies.
Services deals with insurance rating systems. Plume is a comprehensive insurance reference library that is available on CD-ROM and the Internet. As an integrated technology product and a separate AMS company, TowerStreet is a major new step for the holding company, says AMS chief executive Ken Benvenuto, but it will provide an additional platform for AMS products as well as the new services. While AMS will continue to enhance our existing products and services through TowerStreet, we are investing in the development of a new generation of integrated technology and information services provided to our customers over the Internet. The formation of TowerStreet is perfectly in step with our future direction.