Unico American Chooses Wyde to Replace Its Legacy System

Unico American Corp. has announced its engagement of the Wyde Corp. to deploy a new policy administration system for the Company's Crusader Insurance Company subsidiary as well as to support other subsidiary operations.

"Configuration and implementation work just got started." Cary Cheldin, Unico's Chairman and Chief Executive Officer also said, "For the foreseeable future, this fully web-enabled, open-architecture platform should support every dream imaginable, enabling us to meet and exceed the expectations of our agents and our customers while the insurance business and the buying habits of people continue to change. Our selection of the Wyde Corp. and of their Wynsure product is the result of an exhaustive search which we began two years ago. We believe that the Wynsure product is vastly superior to that offered by most other firms. The new system will replace our legacy system, which will be phased out over several years."

The Wyde Corp. is headquartered in the Minneapolis/St. Paul area. Additional offices are in Canada and Europe.

Unico is an insurance holding company that underwrites property and casualty insurance through its insurance company subsidiary; provides property, casualty and health insurance through its agency subsidiaries; and through its other subsidiaries provides insurance premium financing and membership association services.