Forrester Names Discoverture as a "Hot Insurance Tech Company to Watch"

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Discoverture Solutions LLC, a leading information technology solution and service provider specializing in the insurance industry, announced today that Forrester Research identifies Discoverture as one of its "hot insurance technology companies" that is reinventing insurance IT in a recent report.

Discoverture's XactConnect is a complete integration solution for insurance carriers and helps our clients connect both internal and external information more effectively. Many carriers struggle with silos of data locked in complex systems. Our goal is to significantly reduce cost, time and risks associated with integrating and implementing complex products.

Discoverture Solutions LLC, a leading information technology solution and service provider specializing in the insurance industry, announced today that Forrester Research identifies Discoverture as one of its "hot insurance technology companies" that is reinventing insurance IT in a recent report.

In the report, "Hot Insurance Tech Companies to Watch in 2009," Forrester senior analyst Ellen Carney writes, "These companies are noteworthy because of their inventive approaches and solutions that address new models for insurance IT operations; they offer a solution for an overlooked industry segment, or they offer technology innovations that drive insurer profitability."

Describing the importance of Discoverture's XactConnect solution, the report also states: "P&C carriers implementing next-generation best-of-breed vertical applications are facing technological challenges in integrating different service providers with incompatible data formats and exchange methods. More importantly, solutions like XactConnect that offer faster implementation compared with reengineering legacy platforms ensure that carriers reduce the time-to-business value."

"We are very excited to be named as one of the hot insurance technology companies to watch in 2009 and beyond," said Discoverture's Executive VP, Sanjay Kanungo. "Discoverture's XactConnect is a complete integration solution for insurance carriers and helps our clients connect both internal and external information more effectively. Many carriers struggle with silos of data locked in complex systems. Our goal is to significantly reduce cost, time and risks associated with integrating and implementing complex products."

For further information, please contact Priscilla Lyons of Discoverture at 602-393-2125 x234 or visit the company's website at http://www.discoverture.com.

About Discoverture
Discoverture is an insurance industry focused information technology solution and service provider headquartered in Phoenix, Arizona. Founded in 2002, Discoverture currently serves global markets with offices in the US, UK and India. Discoverture's nearly 150 insurance technology professionals combine thorough understanding of business processes and industry best practices to execute value added technology solutions for its clients.

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Carolee Dagenais

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