Docucorp (NASDAQ:DOCC)
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Docucorp International(R) (Nasdaq:DOCC), a leading
provider of Customer Communication Management (CCM) solutions,
announced today that it was named an insurance market leader in
document creation in Celent's report, "Document Management for
Insurers: Overview and Solution Spectrum."
The report, which analyzes the key issues and components of
document management for insurers, defines document creation as the
authoring or automatic generation of a document to communicate with
external parties such as regulators, agents, policyholders and
prospects.
"With its huge insurance client base in North America and Europe
and its deep experience in the vertical, Docucorp is clearly one of
the go-to providers of document creation solutions for insurers," said
Matthew Josefowicz, manager of Celent's insurance practice, and
co-author of the report. "Docucorp is also notable for its significant
ASP business."
"Docucorp has been working with insurance carriers for more than
23 years to meet their document creation and management needs for
policies and related correspondence," said Bruce Dale, senior vice
president, products, Docucorp International. "We continue to design
and update our solutions based on our intimate knowledge of the
industry, ensuring that our solutions address every stage of the
process -- from product definition, distribution and issuance to
billing, service and claims."
"Our large client base and longevity in the market is indicative
of how our solutions enable insurers to successfully manage the
complexity associated with assembling documents for high volume
production and distribution, while providing them with the tools to
streamline data acquisition and monitor version control and
compliance," said Dale.
Celent categorized vendors based on the following factors:
self-reported insurance client base; recently reported new client
deals; frequency of citations as a top competitor by other vendors;
and Celent's analysts' opinion.
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.
About Docucorp
Docucorp markets Customer Communication Management (CCM) solutions
via a portfolio of information software, business process outsourcing
and professional services, which enables companies to create, publish,
manage and archive complex, high-volume, personalized information
in-house or fully outsource to Docucorp. The company has an installed
base of more than 1,300 customers, including some of the largest
insurance, utility, financial services and health care organizations.
Headquartered in Dallas, Docucorp has facilities in Atlanta, Silver
Spring, Md., Bedford, N.H., and London, as well as an international
presence in the Benelux, Switzerland, Central and Eastern Europe,
Middle East and Africa regions.
Certain information contained in this news release may include
"forward-looking" statements within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements, other than
historical facts, included herein are forward-looking statements.
These statements involve risks and uncertainties, such as competition,
technological developments, loss of significant customers and the
other factors discussed in the Company's periodic reports filed with
the Securities and Exchange Commission, that could cause the Company's
actual results to differ materially from those expressed or implied by
these forward-looking statements.
Docucorp is a registered trademark of Docucorp International.