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SIMED Selects Oceanwide’s Bridge Suite

Staff Writer | January 24, 2017

Oceanwide announces that Puerto Rico-based insurer SIMED has selected Oceanwide’s Bridge Insurance Software Suite to support its medical professional liability line of business. SIMED will be using Bridge’s portal, policy administration, rating, billing, claims, document generation, and reporting modules.

SIMED, the largest insurer of medical professional liability for physicians in Puerto Rico, will replace legacy applications with Bridge. Bridge will allow SIMED to improve processes and workflow to gain efficiencies, enhance customer service, and support its value creation initiatives. SIMED wanted to replace its multiple systems with an integrated solution to achieve its efficiency targets and business partner integration.

“The configurability of Bridge was a key factor in our decision along with the depth of SaaS experience and expertise on the Oceanwide team,” says Agustin Montalvo, president of SIMED. “With Bridge, our team will be able to maintain our products and our agent portal that will be available in both Spanish and English.”

“We’re excited to have SIMED as our newest customer,” said Mitchell Wasserman, CEO of Oceanwide. “This is our first implementation of medical professional liability, showing the range and flexibility of Bridge. We are delighted to add our first insurer in Puerto Rico.”

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