Exigen Insurance Solutions®, a leading provider of insurance core systems delivered through an aligned-outcome business model, congratulates Mike Anselmo, CIO of Narragansett Bay Insurance (NBIC), for his recognition as one of the 2011 Elite 8 Award honorees as named by Insurance & Technology.

“Some insurance CIOs accomplish great things through the use of widely accepted technologies. Mike Anselmo is outstanding for his ability to prudently adapt leading-edge technologies before most of his peers appreciate their potential,” said Anthony O’Donnell, executive editor of Insurance & Technology. “In that respect, Anselmo has more than once shown the way forward for the industry.”

The annual Elite 8 award recognizes eight senior insurance carrier IT executives who have made an outstanding contribution to their company’s success and have demonstrated leadership, insight and innovation. Elite 8 executives are nominated by Insurance & Technology readers and other sources throughout the year and selected by a Consultants Advisory Board.

“We congratulate Mike on his Elite 8 award,” said Gwen Spertell, president of Exigen Insurance Solutions. “Mike is a strong believer in using technology to drive business value and he has the experience, confidence and vision to execute leading-edge projects, such as deploying Exigen’s policy administration and billing core systems as software-as-a-service. Mike also recognized the potential of Exigen’s unique value-based, aligned business model that allowed us to truly share the risks and to meet joint goals. We are proud to be able to contribute to his and NBIC’s success.”

Recently, NBIC was named a 2011 Celent Model Insurer in recognition of the business benefits and efficiencies derived from its policy administration replacement with Exigen PolicyCore™ and BillingCore™.