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Eurobase and Hitec Collaborate to Deliver End-to-End Insurance Underwriting and Document Management Software Solution

‘Best of breed’ Synergy and DataStore solutions combine to improve business continuity planning and generate operational efficiencies

December 1, 2009: Eurobase Insurance Solutions, a leading independent software and services provider to the worldwide insurance market, has joined forces with Hitec, a leading supplier of document management and delivery solutions, to enable an end-to-end insurance underwriting and document management software solution. The partnership seamlessly integrates Eurobase’s powerful underwriting business application, Synergy and Hitec’s trusted electronic document management solution, DataStore.

This new offering will provide organisations with a single integrated solution, able to record information from numerous sources and using a variety of messaging formats completed by Synergy. DataStore will classify these inputs ready for future retrieval, improving business continuity planning and generating cost efficiencies through reductions in administration time. Following growing regulation in the insurance market place and the progression to electronic information recording, the partnership will also allow for better contingency planning and disaster recovery.

Maryann Fitzgerald, Sales Director, Eurobase Insurance Solutions, comments, “We understand the importance of building partnerships with well established providers to offer complementary functionality which is seamlessly integrated with enterprise systems for ultimate business value”. We are therefore delighted to work with Hitec, utilising our combined expertise, to develop innovative solutions for the insurance sector.”

Pierre Silavant, Sales Director, Hitec, comments, “Through our relationship with Eurobase, a leading insurance solutions provider, we have been able to customise our solutions to exact customer needs at a time when processes are being intensely scrutinised through regulation. The insurance sector has previously used document management in claims processing, however, it was an expensive process. We are showing that it can be both cost effective and also enable more efficient working practices.”

About Eurobase Insurance Solutions:

Eurobase Insurance Solutions is a division of the Eurobase International Group. The group operates across a broad range of markets including insurance, reinsurance, financial services, IT consultancy, technical services and recruitment. Established in 1988, Eurobase’s nearly 300 employees and contractors support clients throughout the world. Clients include market leaders such as Beazley, Hannover Group, Asia Capital Re, Primary Group, WestLB, Standard Chartered Bank, Dow Chemical Company and LogicaCMG. Eurobase prides itself on the strength of its partnerships with leading technology providers such as PwC, IBM, Oracle, Microsoft and Hewlett Packard. Eurobase’s recruitment arm Eurobase People provides specialist recruitment services to the insurance and reinsurance sector. For more information, visit http://www.eurobase.com

About Hitec:

Hitec Laboratories Ltd is a leading supplier of Risk and Performance, Workflow, Compliance, Electronic Document Management and Delivery Solutions. Hitec's client portfolio includes a long list of high profile clients from various industry sectors. Over 500 installations have been successfully completed worldwide in 48 countries. Clients include Hiscox, Allianz Ireland, Colonial Life Bermuda, Santander and Barclays Capital. For more information, visit http://www.hiteclabs.com

Notes to editors:

For further information please contact:

Alex Moorhouse
Account Manager
Portfolio Communications Ltd.
T: +44 (0) 20 7240 6959
E: alex.moorhouse@portfoliocomms.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Portfolio Communications in the following categories: Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.