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InsureWorx Unveils Website.


SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- Website introduces the look, feel, and message of the InsureWorx organization - the new company resulting from the marriage of WorldGroup and Taliant Software

InsureWorx, Inc., a leading provider of modular software See modular programming.  solutions to the insurance industry and the industry leader in providing software solutions to the Workers' Compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work.  carrier market, is pleased to announce the availability of the new company's website, located at www.insureworx.com. The website introduces the look and feel of the newly formed InsureWorx organization which resulted from the January 2005 acquisition of Taliant Software by WorldGroup.

The new InsureWorx website includes a wealth of information for clients, prospects and anyone in the industry looking to find out more about InsureWorx' PowerComp(R) products, the company, and the insurance software market. Of particular interest to existing InsureWorx customers will be the Client Services area. These pages are designed to become a primary source for customer information and communications like the upcoming PowerComp User Group Conference in September 2005.

With an insurer client base that provides over 25% of the U.S. Workers' Compensation insurance, InsureWorx is the industry leader in providing of Workers' Compensation software solutions.

Gary Sherne, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of InsureWorx, commented, "We are pleased to introduce our new website to the insurance market. While the industry was already very familiar with both WorldGroup and Taliant, we are aggressively working to ensure that our new InsureWorx organization becomes a household name in the insurance industry. The name, InsureWorx, was specifically chosen to demonstrate our commitment and specific focus on this marketplace. We are totally committed to the insurance industry and look forward to continuing to offer our existing clients new software products and features, while simultaneously increasing our market share."

Added Jim Haley, Chief Marketing Officer with InsureWorx, "Everyone in the company is excited about the new organization. The website gives us the new identity, look, and feel that shows that we really are a new company, drawing from the strengths, skills and unmatched experience of our previous organizations. Bringing together the best of the WorldGroup and Taliant worlds solidifies our leadership position and provides us the resources and common focus to make some great strides in the industry...from new products to new markets."

About InsureWorx, Inc.

InsureWorx, located in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation).

The San Francisco Bay Area, colloquially known as the Bay Area or The Bay
, (Emeryville) California and Denver, Colorado, is a leading provider of modular software solutions to the insurance industry and the industry leader in providing software solutions to the Workers' Compensation carrier market. The PowerComp product line includes core-processing solutions for Commercial Property & Casualty and Group Disability and Life covering claims, billing, underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 and policy administration as well as tactical applications including Web-bill, (electronic bill presentment and payment See EBPP. ), FROI FROI First Report of Injury  (first report of injury) and Certs (Certificate of Insurance). For additional information on InsureWorx, please visit www.insureworx.com, or call 800.785.4526.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 and Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

This press release contains various forward-looking statements and information that are based on InsureWorx management's beliefs, as well as assumptions made by and information currently available to management. InsureWorx has tried to identify such forward looking statements by use of such words as "will," "expects," "intends," "anticipates," "plans," "believes" and similar expressions, but these words are not the exclusive means of identifying such statements. Such statements are subject to various risks, uncertainties and other factors which could cause actual results to vary materially from those expressed in, or implied by, the forward looking statements. Such risks, uncertainties and other factors include the extent to which other new products and services can be successfully developed and marketed, the risks associated with any future acquisitions, and integrating recently completed acquisitions, InsureWorx' ability to continue to develop new products to effectively address market needs in an industry characterized char·ac·ter·ize  
tr.v. character·ized, character·iz·ing, character·iz·es
1. To describe the qualities or peculiarities of: characterized the warden as ruthless.

2.
 by rapid technological change, InsureWorx' ability to raise additional capital to finance future acquisitions and meet other funding needs, InsureWorx' dependence on customers, InsureWorx' dependence on the insurance industry, the highly competitive and rapidly changing automation systems market, InsureWorx' ability to effectively protect its applications software and other proprietary information, InsureWorx' ability to attract and retain quality management, and software, technical sales and other personnel, the possible effects of insurance regulation on InsureWorx, the possible effects of the Securities and Exchange Commission's investigation of InsureWorx' financial reporting, and possible future terrorist attacks or acts of war Tom Clancy's Op-Center: Acts of War is a technothriller by Jeff Rovin Plot introduction
The mobile Regional Operations Center (ROC) in Turkey investigates a dam blown up by Kurdish terrorists.
. Except as expressly required by the federal securities laws, InsureWorx undertakes no obligation to update any such factors or any of the forward-looking statements contained herein to reflect changed circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact.
     2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or
 or future events or developments or for any other reason.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 18, 2005
Words:761
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