The Andover Group Licenses OIT’s Electronic Document Management Solution to Streamline Critical Business Processes

Optical Image Technology, Inc. (OIT), provider of award winning document management solutions, announces that Andover Companies, a New England mutual institution, has licensed OIT’s suite of electronic document management products to power its traditional business processes aiding in the storage, management, and retrieval of its valuable business data.

The Andover Companies, which is comprised of Merrimack Mutual Fire Insurance Company, Cambridge Mutual Fire Insurance Company, and Bay State Insurance, has been providing quality insurance protection since 1828. Based in Massachusetts, The Andover organization has a presence in over 1,500 independent agencies and is the largest provider of Homeowners Insurance in the state. In addition, they provide a wide range of commercial insurance products with a focus on apartment/condominiums, office buildings, shopping centers, and mercantile buildings/contents. The Andover Companies have consistently received the highest rating (A+ Superior) from A.M. Best Company, an independent insurance rating firm.

“Customers have always counted on Andover Companies for financial stability and dependability,” comments Scott Buchart, President of OIT. “Andover has been able to deliver this consistently in the past, now with the implementation of OIT’s document management solutions, they will be able to deliver even greater customer service far into the future. We are proud that we will be a part of Andover’s distinguished story.”

The Andover Companies have licensed OIT’s Imaging, COLD, Workflow, Web Access, Print/Fax Server, Archive, and Data Stream Processing/Conversion Modules.

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Release Date: April 15, 2002