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.
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