November 1, 2004

PremiumWare to be present at ISOTech 2004 Conference

DALLAS/FORT WORTH, TX - PremiumWare, the leading provider of business unit workflow integration solutions for insurance premium audit, show-cased their latest suite of premium auditing solutions at the 2004 ISOTech Conference held November 14 - 16 at New Orleans Marriott in New Orleans, Louisiana. Members of PremiumWare's team will be on hand to discuss leveraging a carrier's existing technology investment highlighting their deep understanding and expertise in the areas of applied technology and solving some of the most fundamental problems facing audit organizations today. Premium audit business units deliver the maximum contribution to helping carriers remain competitive by fully integrating their workflow with existing infrastructure and legacy systems forming a single end-to-end business process. To enhance this capability, PremiumWare's application provides constant feedback giving users real-time visibility providing all system users the ability to make well-informed business decisions. Field-based users automatically focus on and complete audits. Depending on a users system rights, they can validate and track assignments, even through final archive, coordinate and load-balance workload and deliver billing statements for internal and external customers.

"PremiumWare integrates disparate systems giving premium audit managers powerful tools to view the entire workflow process, while making it easier for their other business unit users to interact, thus enhancing the effectiveness of the whole organization," said Guy Dragoo, chief technology officer, PremiumWare. " The key to modeling and automation of a business processes is the ability to visualize the entire process. The automated business process then drives workflow and allows you to take control of your business unit, not be constrained by it."

PremiumWare is an enterprise platform for premium audit business process integration and is currently being implemented and utilized by several Fortune 500 P&C carriers today to offer a broad portfolio of premium audit solutions. Responsible for pioneering enterprise application integration for premium audit in 1994, PremiumWare's latest version release, 8.0, is now the first integrated premium audit solution to extend beyond premium audit and also solve interrelated challenges for underwriting, loss control and claims. The system architecture orchestrates audit and related policy interactions across a company's existing applications, databases and people to continuously improve premium audit effectiveness.