Three Finalists Selected for A.M. Best’s 2009 E-Fusion Award Competition; Webcasts Begin Wed., Oct. 7

OLDWICK, N.J.-(Business Wire)-September 28, 2009 - A.M. Best Co. has announced the three finalists competing for the 2009 E-Fusion Award. Each week throughout the month of October, a finalist will present their company’s entry in an hour-long live Webcast, during which a panel of judges will review the entry and presentation.

Registration for the Webcasts is free online at www.ambest.com/efusion. Each Webcast will be hosted by Lee McDonald, Group Vice President of Communications, and Paul C. Tinnirello, Executive Vice President of Global Information Products & Services, both of the A.M. Best Co.

The 2009 E-Fusion Award finalists are:

Capitol Insurance Companies, Cap Online Producer Functionality project: Capitol Insurance Companies has developed and implemented the “Cap Online Producer Functionality” application. This software helps manage both traditional and non-traditional agencies, facilitate clear communications between Capitol and its agencies throughout the United States, and track detailed customer feedback and data.
Towers Perrin, CATography: Towers Perrin’s “CATography” is a comprehensive catastrophe exposure management system that helps insurers manage their exposure to risk with precision and evaluate how new risks will impact existing portfolios. Insurers like United Fire Group have used the system to implement a catastrophe risk and claims management strategy custom-tailored for its organization.

Aon Risk Services, Global Risk Insight Platform (GRIP): Aon Risk Services’ “GRIP” application is a real-time platform built to track all of Aon’s placements and trading activity globally, from submission to quotes and binding. Brokers and their clients can see at what prices and with what coverages and limits carriers are quoting and binding market transactions. Analytics of the GRIP application are provided centrally through Aon’s Centre of Innovation and Analytics.

The 2009 E-Fusion Award Judges are:

Jaimie Pickles, President of Canal Partner LLC
Patricia Saporito, Director of Insurance Analytics for SAP Labs U.S.
Kevin Lewin, Chief Technology Officer at Abacus Insurance Brokers

The E-Fusion Award is designed to highlight outstanding, resourceful uses of technology as applied to business strategy in the insurance industry and will be presented during the final Webcast, Wednesday, October 28, at 11 a.m. EDT. To register for each Webcast, visit www.ambest.com/efusion.

For more information, e-mail efusionaward@ambest.com.

To learn about Webcast sponsorship opportunities, visit www.ambest.com/adv/efusionsponsor.pdf, call (908) 439-2200, ext. 5399, or e-mail advertising_sales@ambest.com.

Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.

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