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Strategies & Market Trends : e-Commerce the Next 100 Months...... -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (2214)	1/26/1999 11:25:00 PM
From: James Sinclair	Read Replies (1) \| Respond to of 2882

Delphi Information Systems (DLPH) This one looks like an interesting prospect: ROLLING MEADOWS, Ill., Jan. 20 /PRNewswire/ -- Delphi Information Systems, Inc. (Nasdaq: DLPH) today made it's entry into the Internet market with the introduction of ebix.com, a revolutionary browser-based system that optimizes workflow for handling property and casualty (P&C) risk information. Through the product's AL3-compatible (industry standard) and Y2K-compliant software, insurance carriers, brokerages, agencies, financial institutions and insureds can work together in real time over the Internet to gather, manage, communicate and exchange data, documents and images. Delphi successfully previewed ebix.com in Orlando, Florida on January 13th to a key group of insurance executives representing some of the world's largest P&C insurance carriers, including The Hartford, The Travelers, Chubb, and Royal Sun Alliance. "Until ebix.com, insurance agents, brokers, and carriers have heard lots of talk about how the Internet will someday change the way their P&C business is handled, but they had not seen any viable, dedicated solutions that add value today," said Max Seybold, Delphi's President and Chief Executive Officer. "The consensus was that ebix.com has real potential for P&C commercial lines processing in the coming years." Joseph Z. Gauches, Senior Vice President of Electronic Marketing for The Hartford, notes, "We applaud Delphi's introduction of a new interface product that has the potential to bring real efficiencies to the processing of commercial lines submissions. The fact that Internet technology is being used for ebix.com makes it easy to ramp up both technically and financially. We intend to work closely with Delphi and with our common agency customers to pilot ebix.com, with the goal of finding opportunities to substantially reduce costs and increase efficiencies, thereby making it easier for our agents to do business with us." "Our conference in Orlando was well attended, and the carrier response was very encouraging," said Robin Raina, Chief Operating Officer at Delphi. "Our intention is to redefine and streamline the manner in which agencies and carriers communicate with each other, establishing Delphi as THE Internet solutions provider for the insurance industry." About ebix.com: Derived from the name Electronic Brokers and Insurers eXpress, ebix.com is Delphi's revolutionary browser-based system that optimizes workflow for processing risk information. ebix.com allows insurance carriers, brokerages, agencies, financial institutions and insureds to work together seamlessly over the Internet, significantly reducing property and casualty risk submission cycle times. The unprecedented solution allows for exponential increases in new business opportunity due to improved throughput and dramatically reduces labor, paper and mailing costs. It is especially valuable when handling unstructured data (i.e., non-standardized forms vs. industry standard ACORD or CSIO forms) associated with processing complex commercial lines risk. To preview ebix.com, please visit www.ebix.com.