CHICAGO–(BUSINESS WIRE)–Paradox Technology Solutions LLC (PTS), an insurance software solution provider with a specialized focus in workers’ compensation and commercial lines insurance, today announced that it has changed its business name to Vikaran Solutions LLC (VSL).
Commenting on the name change, Sandeep Mehta, Co-CEO, Vikaran Solutions, said, “We’ve changed our business name in order to better align ourselves with our customers. Our re-branding effort is complete and brings our company website, products and message in line with our business plan. I’d like to emphasize that our re-branding does not alter our company’s efforts, investor partners, customers, management team or employees. We look forward to continuing to provide innovative solutions and superior business value to our customers.”
Mehta added, “The new name is based upon an ancient Sanskrit word which means ’transform’ or ‘transformation’. It is a very apt choice, as we are in the business of helping our insurance customers transform their businesses.”