PureShare Inc.

PureShare Inc.

April 20, 2009 09:55 ET

PureShare Announces Availability of ClaimsMetrics

Advanced metrics management software for Risk & Insurance management

OTTAWA, ONTARIO and ORLANDO, FLORIDA--(Marketwire - April 20, 2009) - PureShare (R) announces the general availability of ClaimsMetrics, software that automates the collection, consolidation and publication of key risk performance metrics and alerts. ClaimsMetrics eliminates the need for manual reports by providing direct, anytime access to operational metrics and leading indicators of exposure. ClaimsMetrics connects readily to Risk Management Information Systems (RMIS), spreadsheets, Financials, Safety, Compliance, HR/ERP and other enterprise applications, bringing unprecedented ease to delivering consolidated risk metrics to executives, customers, department stakeholders, and more.

"In an industry that is traditionally information-access challenged, our goal was to introduce a game-changer that provides unprecedented visibility into the myriad of information sources that together, paint a clear and always current picture of risk," said Rich Razon, Co-Founder of PureShare. "It is amazing that even today there are very few, if any, options out there that deliver this level of capability at a fixed cost. ClaimsMetrics is so effective with its ability to get everyone on the same page that it quickly eliminates nagging performance problems that even years of traditional reporting fails to address."

ClaimsMetrics is available with pre-packaged, best-practice metrics that allow for implementation in as quickly as ten days. ClaimsMetrics is used by: Public and Private Entities; Employers; Third-Party Administrators, Pools/JPAs, MGA/MGUs, Brokers, Carriers, RMIS vendors, and systems providers. It rapidly enables focused risk performance management applications such as Enterprise Risk Management (ERM) Scorecards and mobile-enabled Claims, Policy, Safety and Compliance metrics.

ClaimsMetrics leverages the PURE Technology platform to extract information from any data source to provide a clear, graphical snapshot of overall risk and claims management performance that can be seen from multiple perspectives. PureShare's newly released PURE Technology platform is a universal request engine that provides a central hub for the gathering and transformation of data from any source, to any output format. This platform is coupled with the industry-first adaptive visualization engine, which provides unparalleled flexibility for presenting metrics and creating interactive web applications.

PureShare is exhibiting its suite of software products including ClaimsMetrics in Booth 1925 at RIMS2009, the annual event for Risk & Insurance professionals, April 19-23, 2009, in Orlando, Florida.

About PureShare

PureShare develops software-based proactive management tools that eliminate the need for reports, manual spreadsheets and slide-ware. PureShare's "answers-on-demand" model provides executives, customers, managers and staff with direct, anytime access to metrics that can be used on a daily basis. Now, everyone can understand the business and its current status without manually assembling and analyzing information. PureShare leverages data sources inside and outside of a company to provide a direct line to answers - without the need for reports. For more information, please visit www.pureshare.com. PureShare: No Reports - Just Answers.

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