GMI Continues to Profit & Grow With FormsPlus

September 6, 2006

Three years after making the decision to automate their business auto, the future of their company never looked brighter.

Over the past two years through aggressive underwriting and state of-the-art automation provided by QualCorp, Inc. GMI’s business auto grew from $4 million to $14 million. “QualCorp, Inc.’s FormsPlus product has really helped our company grow at an unprecedented rate while only adding one additional employee. In fact, we are on target to hit $18 million by the end of the year.” commented Karen Trudel, CFO.

Allen Beggs, President and co-founder of QualCorp, Inc. says “I am very impressed at how the staff at GMI has embraced the FormsPlus product. The 350% growth in their book of business is a testament to the excellent staff, strong underwriting guidelines and willingness to embrace the leading policy issuance product in the industry.”

GMI
GMI specializes in providing insurance services to the transportation industry nationwide. Insurance programs include Rental Fleet for autos, trucks, and motor homes, business auto and auto lease. Founded by Norman Trudel in 1980, GMI employs more than 60 members and have expanded recently into new space.

THE PRODUCTS
FormsPlus Enterprise is a Microsoft based policy issuance/administration system that affords the user of complete submission tracking/verification, quote issuance and policy issuance for all personal/commercial/life & health lines of business in all 50 states for any MGA/carrier combination. QueryPlus – a reporting tool connects the information from any of these databases: Access, dBASE, Informix, MySQL, Oracle, SQL Server, Visual FoxPro, DB2, FoxPro, InterBase, ODBC, Paradox, Sybase. Proprietary databases include AMS-AFW, AMS-360 and Applied WINTAM.

THE COMPANY
Since 1992, QualCorp, Inc. has been providing unique, customized applications exclusively for the insurance industry. QualCorp, Inc. answers client needs with flexibility within daily operations, gives clients control over profitability and expands new vistas of opportunity towards growth and development. In addition to FormsPlus Professional, FormsPlus Enterprise, FormsPlus Lite, QualCorp, Inc. also offers policy issuance solutions as a (TPA) third party administrator. QualCorp, Inc. is headquartered at 24300 Town Center Drive, Suite 320, Valencia, CA 91355. (661) 799-0033 x 23. They also have offices in Dallas, Texas. Phone is (888) 367-6775

For More Information Regarding This News Release Please Contact:
Allen Beggs – President – 888.367.6775
formsplus@qualcorp.com
http://www.qualcorp.com/

FormsPlus
issues paper for the following carriers:

Acceptance Insurance Co.
AIG & Member Companies
American Empire Ins. Co.
American Southern Ins. Co.
Areca Insurance Exchange
BancInsure Insurance Co.
British Insurance Company
CGU Insurance Company
CIGNA Insurance Company
CNA/MOAC
Clarendon Insurance Co.
Colonial Insurance Company
Constitution Insurance Co.
Environmental Casualty
Fireman’s Insurance Company
First American Ins. Co.
First Financial Insurance Co.
Frontier Insurance Co.
Greenwich Insurance Co.
Hudson Insurance Company
Jefferson Insurance Company
Kempes Insurance Company
Lancer Insurance Company
Legion Insurance Company
Legion Indemnity Company
Lloyds of London
Monticello Insurance Co.
North American Specialty
Odyssey Re
Orion Insurance Company
Pacific Pioneer Insurance Co.
Redlands Insurance Company
Royal Insurance Company
Scottsdale Indemnity Co.
Scottsdale Insurance Company
Sphere Drake Insurance PLC
St. Paul Insurance Company
State National Insurance Co.
Sutter Insurance Company
TOPA Insurance Company
The Travelers’ Group
United National Insurance Co.
Union America Insurance Co.
Western Heritage
Western World Insurance Co.

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