News | May 13, 2008

Hyland Software Receives Insurer's Choice Technology Award

ECM

Recognized by Tech Decisions and Financial Insights for industry expertise, dedication to insurers

Hyland Software Inc., developer of the OnBase enterprise content management (ECM) software suite, recently announced that Tech Decisions and Financial Insights have named Hyland Software to the Insurer's Choice Technology 2008, a ranking of insurance technology providers as selected by insurance companies across the United States and Canada. Financial Insights, an independent research and consulting firm specializing in financial services, partnered with Tech Decisions, a National Underwriter Company publication, to present the award.

Hyland Software was recognized as one of the insurance industry's top three vendors in four of the Insurer's Choice award categories. Hyland ranked first in the categories of "Develop/Enhance Products" and "Help Optimize Workflow," and was also included as one of the top three vendors for the "Keep Business Operating" and "Overall Business" categories.

According to Barry Rabkin, senior research analyst, insurance, Financial Insights, "Advancements in enterprise content management technology are at the forefront of the insurance industry. Insurers are incessantly looking for new technology to handle ongoing regulatory developments, ever-evolving risk, economic challenges and the global shift to a paperless environment while continuing to provide world-class products and services to consumers. As evidenced by Hyland Software's inclusion in this year's Insurer's Choice Award, insurance companies continue to look to the company for these technology advancements."

"Being selected as a leading technology provider by insurance companies is a significant achievement and a great honor," said Jason King, director of Financial Services for Hyland Software. "This achievement validates our persistent efforts to provide insurers with an ECM solution that not only enhances business processes, but also improves customer service and minimizes organizational risk."

Hyland Software was previously recognized by Financial Insights for its insurance solutions in 2007 when it was named to the InsureTopTech, a list of leading technology vendors serving the insurance industry.

To determine the leading vendors, insurers were asked to complete an online survey ranking top insurance technology providers, and Financial Insights concluded with the final analysis. For more information about the rankings, please visit http://www.financial-insights.com/FI/services/insurerschoice.jsp.