Tampa, FL – November 2, 2010 -- Pilgrim Software, Inc., a world-leading provider of Enterprise Risk, Compliance and Quality Management (ERCQM) software solutions, today announced that it has aligned with Medmarc Insurance Group, a specialty insurer dedicated to serving the Medical Device and Life Sciences industry, as preferred provider within Medmarc’s newly established business provider network.
The Medmarc Business Network (MBN) is a service that connects people with industry leading products and services, offering discounts and other benefits. Similar in concept to the airline industry’s “Star Alliance” program, MBN currently includes six providers that focus on the industry and/or small businesses.
Pilgrim was selected as an MBN provider to offer its automated solutions for risk management and key business operations to those life sciences companies looking to improve their compliance and quality processes. For example, Pilgrim’s software solutions, including its automated SOP and document management and audit management system, both support product liability risk mitigation.
“Medmarc has chosen Pilgrim Software to participate in the MBN because of its dedication to the industry, its high quality products and services and its excellent customer service,” said Chris Prime, of Medmarc Insurance Group. “Together with Pilgrim, we can offer our network subscribers even more access to reliable, quality solutions.”
Medmarc offers customized insurance products and risk management solutions for manufacturers and distributors of medical devices and life sciences companies of all sizes, from emerging and middle-market enterprises to multi-national organizations. It provides coverage for medical devices, in vitro diagnostics, biotechnology and pharmaceuticals, throughout their lifecycles—whether in clinical trials or being sold internationally.
“We’re pleased to be included as an original preferred provider within the Medmarc Business Network,” said Prashanth Rajendran, Pilgrim’s Chief Operating Officer. “Our extensive experience in the Life Sciences market, coupled with our expertise in the field of risk and compliance management, will allow those enterprises that access the Network to tap into our own ‘brand’ of liability insurance – protection from regulatory and operational risks.” Through its membership in the MBN, Pilgrim Software will gain broadened access to Life Science businesses across the globe. By the same token, more of those businesses will benefit from the MBN proposition: to be the superior provider of liability insurance protection and related risk management solutions to the Medical Device and Life Sciences technology industry.
About Medmarc
Created in 1979 by the healthcare technology industry, Medmarc’s purpose is to be the superior provider of liability insurance protection and related risk management solutions and to support the development, testing and delivery of products that save lives and improve the quality of life. Through strategic alliances with The Hartford and Biomedic-Insure, Medmarc policyholders benefit from all-lines property and liability insurance protection, loss control services and claims management tailored to the needs of medical technology and life sciences companies worldwide. Website: www.medmarc.com
About Pilgrim Software, Inc.
Pilgrim Software, Inc. is a world-leading provider of Enterprise Risk, Compliance and Quality Management solutions for global organizations. Through its integrated platform, Pilgrim helps organizations manage industry and regulatory compliance, address potential risks, reduce manufacturing costs and improve customer satisfaction. Pilgrim has been named North American Enterprise Compliance & Quality Management Company of the Year – Best Practices by Frost & Sullivan, and winner of its 2010 North American Best-In-Class Customer Value Enhancement Award in the Enterprise Risk, Compliance and Quality Management Market for the Life Sciences Industry. For more information, visit Pilgrim Software’s website at www.pilgrimsoftware.com.
Nancy DeFilippis | Marketing Programs Manager | Pilgrim Software office: 813-915-1663 ext 2479 | fax: 813-915-1948 | www.pilgrimsoftware.com