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Press Release

IPD Advances Workplace Efficiency in Insurance

 
IBM Information On Demand - Las Vegas - October 27, 2008 - Continuing its commitment to advancing workplace efficiency in the Insurance industry, Image Process Design, Inc. (IPD) is pleased to announce their fourth generation application, Ultera/P8.  Since 1991, IPD has been the trusted partner of large North American Health and Life Insurance companies for their unique industry expertise and specialized application software.  Ultera/P8, built on IBM's FileNet P8 platform, has proven functionality that optimizes most major Insurance business proceesses in more than 20 different lines of buinsess, including; claims, enrollment, case management, underwriting, customer service and more.

Many leading Insurance companies already rely on IPD to leverage IBM content and process platforms to more effectively automate mission-critical work processes.  IPD significantly improves operational efficiencies, reduces cycle times, increases service levels and quality.

Developed on IPD's advanced framework and IBM's FileNet P8 platform, Ultera/P8 is an out-of-the-box Content Enabled Vertical Application (CEVA) that allows you to realize immediate business benefits from your investment in the FileNet P8 platform.  A few product features include:
  • Leverages the Power of P8 - Fully packaged CEVA operating on the P8 Platform and leveraging Content Engine and Business Process Manager.
  • Application Built for the Insurance Enterprise - Highly intuitive, deeply functional and configurable CEVA designed to serve needs across the Insurance enterprise from new business to claims to long term case management.  As an application, it can be implemented in less time with less risk than "frameworks" offered by IBM competitors.
  • Supported - IPD provides support for Ultera/P8, isolating customers from changing technologies and allowing them to focus on Insurance operations.  All IPD CEVA software goes through rigorous testing, including load and performance testing to ensure that our software is stable, scalable and meets enterprise needs.
Recently, IPD also launched UlteraExpress, a new offering targetd at middle market organizations.  The new product offers all of the functionality of the industry-leading Ultera application at a price appropriate for small and medium sized organizations.  A few product features include:
  • A provien web-based application that is configurable, customizable, and can easily scale to meet new demands as they arise.
  • UlteraExpress works with both P8 Content Engine and CM8 and, depending on the changing needs of the customer, can be upgraded to include the full BPM version.

"IPD has spent years working with our custoemrs to develop specialized methods for understanding current line of business operations and success metrics," said Steven Racine, CEO at IPD.  "The resulting effort is our newest applications, Ultera/P8 and UlteraExpress.  Only through complete and thorough process understanding and depth of functionality, can our clients ensure that they are not forced to 'revert back to paper' for segments of their oprations - destroying the expected ROI.  As with everything we do, our commitment to our customers' success comes first."

The features of Ultera/P8 will be on display at the IBM Information On Demand Conference October 26 - October 31 in Las Vegas.  IPD will have a booth in the IBM ECM Pavilion (#123) and executives will be on hand to discuss the new initiatives.  For more information on the IBM IOD Conference, please visit:
https://www-306.ibm.com/software/data/conf/.

About IPD
Since 1991, Image Process Design, Inc. has addressed the Insurance industry's need for accurate, efficient decision making with packaged, cost-effective software solutions with business-specific functionality.  IPD uniquely addresses these business needs for large insurers with out-of-the-box software solutions that can be configured and rapidly deployed with immediate payback.  Today, IPD's products continue this tradition of low-risk, proven solutions, now leveraging IBM's P8 platform.  For more information, please visit: www.ipdsolution.com.
 
Case Studies
Automating its claims processing saved Blue Cross and Blue Shield of North Carolina approximately $250,000, with a potential to save up to $1 million
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