Stop by the OnBase Insurance Solutions/HylandSoftware booth (#433) at the opening exhibit hall reception, June5, 5:30-7:30 p.m. at the 2005 IASA Annual Conference & BusinessShow to get a baseball autographed by Jay Johnstone, formeroutfielder and member of the 1980 World Champion Los AngelesDodgers!

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Todays insurance industry is a highly regulated, extremelycompetitive market. Couple that with the enormous amount ofsensitive, private data that insurance companies handle each day,and you have a very unique situation. Utilizing Enterprise ContentManagement (ECM) to increase workflow efficiency and managecompliance efforts will help your company provide a high level ofcustomer service and ultimately deliver the key to success.

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ECM integrates the features and principles of documentmanagement, business process management and records management,enabling insurance companies to import, route, manage and archivethe content that drives all their processes. Migrating documents,tasks and rudimentary operations away from the user and into an ECMsystem allows insurance companies to extract the maximum value fromthe information around them and better utilize human capital forhigher impact, strategic tasks.

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Hyland Software has extensive experience in all facets of theinsurance industry, thus making the transition from siloed systemsto an ECM solution a smooth process for any size company. Bydigitizing, standardizing and automating your processes, OnBaseInsurance Solutions by Hyland Software enable your organization torun more efficiently and cost-effectively by streamlining processesin business units such as:

  • New Business Applications

  • Underwriting

  • Claims Processing

  • Financial Management

  • Customer Service

  • Forms Management

  • Agency Management

  • Human Resources

  • Risk Management

Additionally, the costs relating to Sarbanes-Oxley (SOX)compliance can be significant. In fact, according to a report bythe Financial Executives Institute in Florham, NJ that was recentlycited in National Underwriter, it is projected that theaverage cost for a company to comply with current Sarbanes-Oxleyrequirements is $4.3 million.

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When looking for SOX cost reduction possibilities, one area tofocus on is the auditing process and the time-consuming review ofsupporting documentation. ECM technology provides document imagingand workflow solutions that enable the auditing process to movequicker and with more agility. In todays corporate environment,where companies are dealing with all sorts of compliancerequirements, it is ECM solutions that can ease the pain ofcompliance.

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More information on how ECM can aid the compliance process canbe found in the Doculabs whitepaper, Sarbanes-Oxley: Challenges andOpportunities in the New Regulatory Environment, available at theOnBase Insurance Solutions/Hyland Software booth (#433) or one theweb at www.onbase.com/insurance

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Stop by the OnBase Insurance Solutions/Hyland Softwarebooth (#433) during the opening reception at the 2005 IASA AnnualConference & Business Show in Anaheim, CA, from 5:30-7:30 p.m.PST on June 5 for more information on ECM, SOX ComplianceSolutions, and receive an OnBase baseball signed by Jay Johnstone,former outfielder for the Dodgers, Cubs and Yankees, and member ofthe 1980 World Champion Los Angeles Dodgers.

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Dont miss this opportunity for education, informationand some great baseball fun!

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For more information, stop by booth #433, visit us onthe web at www.onbase.com/insurance or e-mailus at [email protected].

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