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"With the new direction we are looking to take our flood program, we searched for a solution that could both support our future initiatives in the NFIP as well as distinguish our flood solution from that of our competitors. We are excited to be moving our flood insurance solution to TorrentFlood(R), a platform that we believe will ensure we achieve our objectives for the FICOH flood insurance program," said Steve Tabussi, VP-Customer Solutions at FICOH. "Transitioning to Torrent's platform gives us the tools to provide better service to our flood insurance customers." TorrentFlood(R) sets a new standard in the flood insurance industry, employing the latest technology to offer an easy-to-use and NFIP-compliant solution for the handling and servicing of flood insurance policies in an industry with limited and antiquated options. "We are honored to have FICOH join our growing family of client companies," said Travis Pine, Torrent's founder, CEO and Chairman. Pine, along with Theresa 'TJ' Johnston, founded Torrent in early 2005. "This is an excellent fit for us as our two companies share very similar philosophies and core values. We look forward to a long and successful partnership serving FICOH." FICOH marks Torrent's 20th client since launching TorrentFlood(R) to market in early 2007 making Torrent the fastest growing Flood Vendor in the market today. About First Insurance Company of Hawaii, Ltd. First Insurance Company of Hawaii is the oldest and largest property and casualty insurer domiciled in Hawaii, with assets totaling more than $602 million and liabilities of $404 million as of March 31, 2009. First Insurance offers a broad array of personal, commercial, and specialty insurance lines. Nearly a century old, First Insurance enjoys an "A" (Excellent) rating from A.M. Best Co., whose ratings are widely recognized as a benchmark of an insurer's financial strength. In 2009, First Insurance was also named to the Ward's 50 list, which recognizes the top 50 property and casualty insurance companies in the nation. Proud of its broadly experienced, service-oriented staff, First Insurance employs more than 300 insurance professionals and distributes its products through 27 independent general agencies. It has claims personnel on Oahu, Kauai, and Maui, as well as in Hilo and Kona on the Island of Hawaii. First Insurance is jointly owned by CNA Financial Corporation and Tokio Marine & Nichido Fire Insurance Company Ltd. Find more information at www.ficoh.com. About Torrent Technologies, Inc. Torrent Technologies is a business services company that leverages contemporary technology to more effectively administer flood insurance policies and claims through the National Flood Insurance Program. Torrent was founded in February 2005 and has offices in Seattle, Washington, Kalispell, Montana and New Carrollton, Maryland For more information, please visit http://www.torrentcorp.com. SOURCE Torrent Technologies, Inc. http://www.torrentcorp.com For full details for FRISF click here.
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