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WebWriter Enterprise Receives Strong Review in Celent 2007 Fully-Integrated Browser-based P&C Policy Administration Suite from Insurance Systems Inc. Described as “one of the most modern systems on the market” (June 8, 2007 - Toronto/Boston) Insurance Systems Inc. (ISI), a leading provider of web-based solutions to the property and casualty insurance industry, is pleased to announce that its major strategic product, WebWriter Enterprise, has received a strong review in the recently-released Policy Administration Systems Report from Celent. Chad Hersh, Senior Analyst at Celent reported in the bi-annual report of major P&C insurance software applications (last released in 2005) that “WebWriter Enterprise is one of the most modern systems on the market.” Additionally, commenting about ISI's technology architecture “This code base flexibility is unmatched among P&C policy administration systems”. Terry Neilson, President and CEO of ISI commented “We are thrilled to receive such a strong review from Celent who is well-respected within the insurance industry as an authority on technology.” WebWriter Enterprise is a fully-Integrated browser-based P&C policy administration suite which includes all major modules to allow an insurer to run their business. In addition to the core processing modules for policy administration, claims, billing, accounting and reinsurance, the system includes various supporting sub-systems such as document/knowledge management, contact management and reporting. The system is the result of a 3-year, multi-million-dollar development effort by ISI which commenced in 2004. The report includes Celent's ABCD Vendor View which presents a comparative view of the vendor marketplace in P&C policy administration systems that visually represents four elements: Advanced technology and technical flexibility, Breadth of functionality, Customer base, and Depth of client services. An overview of the reports including the ABCD Vendor View for both commercial and personal lines is available at www.celent.com. See Celent's personal lines report. About Insurance Systems Inc. Founded in 1997, Insurance Systems Inc. (ISI) and its team of insurance professionals is 100% dedicated to developing and implementing innovative software products for the property and casualty insurance industry. Headquartered in Toronto, the company has a vast client base of property and casualty insurers around the globe. For more information, visit www.insurancesystems.ca . About Celent Celent, LLC is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis.
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