REDWOOD SHORES, Calif., January 3, 2001 — SeeBeyond, a leading global provider of eBusiness Integration (eBI) solutions, today announced that Insurance Services Office, Inc. (ISO), has licensed SeeBeyond's e*GateTM Integrator platform to provide its customers with enhanced online access to its products.
ISO is a leading provider of information about property and casualty insurance. Insurers and other financial services providers use ISO's information to rate, underwrite, and market insurance products as well as process claims. ISO will use SeeBeyond's products to integrate internal and external application systems, providing customers with more comprehensive products and services. The first project will allow ISO customers to access multiple product and data sources with a single order and delivery mechanism. Those sources will include established ISO products, new ISO products, and data provided by strategic business partners of ISO.
Using e*Gate and SeeBeyond's e*WayTM intelligent adapters, ISO will build an environment that will not only meet its short-term goals, but also allow for the rapid addition of other products, business partners, and customers in the future.
"We maintain one of the largest private databases in the world, and our focus with SeeBeyond will be to make that data more quickly and easily available to our customers," said Roy S. Nicolosi, senior vice president and CIO for ISO. "SeeBeyond's products will enable ISO to offer its customers more comprehensive information products and services."
"We are delighted to work with ISO," said Frank Fallon, vice president of global financial services for SeeBeyond. "The importance of the services ISO provides to the property and casualty insurance industry can't be overstated. By using our technology, ISO will boost the ability of its insurance industry clients to offer new products and services to customers worldwide. SeeBeyond is second to none in assisting customers get to market quickly. In choosing our technology, ISO has proven its commitment to deliver products and services to its customers, as rapidly as possible."
About SeeBeyond (Formerly STC)
As a market leader in eBusiness solutions, SeeBeyond (Nasdaq: SBYN) provides the platform to allow companies worldwide to eliminate the boundaries and simplify the complexities of sharing information among applications, both within their enterprises and among their suppliers, partners, and customers in real time. The SeeBeyond e*Xchange eBusiness IntegrationTM Suite provides an infrastructure that is rapidly deployable and infinitely scalable to meet customers' growing needs. With more than 10 years of experience operating under the name STC, SeeBeyond has successfully integrated systems at more than 1,350 organizations worldwide, including ABN Amro, Barnes & Noble.com, Bausch & Lomb, Daimler-Chrysler, Florida Power & Light, Fluor Daniel, Hewlett Packard, Nike, PETsMART and Pfizer. Key global business and technology consulting partners include Andersen Consulting, EDS, Computer Sciences Corporation, Cap Gemini Ernst & Young, KPMG Consulting and PricewaterhouseCoopers. Software partners include BroadVision, Onyx Software, Oracle, SAP and Siebel Systems.
SeeBeyond Technology Corporation has global headquarters in Monrovia, Calif., and sales and marketing headquarters in Redwood Shores, Calif. For more information, please visit www. Seebeyond.com.
ISO is a leading source of information, products and services related to property and liability risk. For a broad spectrum of commercial and personal lines of insurance, ISO provides statistical, actuarial, underwriting and claims information and analyses; consulting and technical services; policy language; and information about specific locations. In the United States and around the world, ISO serves insurers and reinsurers, as well as agents, brokers, self-insureds, risk managers, insurance regulators, and other government agencies. For more information, please visit www.verisk.com/iso.
e*Gate, e*Xchange eBusiness Integration, e*Way and Intelligent Bridge are trademarks of SeeBeyond Technology Corporation (STC).eBI is a service mark of SeeBeyond Technology Corporation (STC). All other trade names are the property of their respective owners.