RISKCLICK ANNOUNCES SUPPORT FOR THE MICROSOFT "EXPERIENCE INSURANCE" INITIATIVE

ORLANDO, Fla. — May 23, 2005

At this year's ACORD LOMA Insurance Systems Forum in Orlando, Florida, Riskclick, a leader in Business Process Management (BPM) solutions for the insurance industry, announced its support for experience Insurance, an initiative from Microsoft for the insurance industry.

"Microsoft's experience Insurance initiative enables hardware, software and integration partners alike to come together in an effort to support and advance the insurance industry," said James DeSocio, Riskclick CEO. "By working and sharing ideas with other best-in-class partners and by continuing to leverage Microsoft's development capabilities to accelerate the delivery of insurance-specific BPM solutions, we are helping our clients to control costs, improve underwriting performance and support competitive differentiation."

Riskclick provides Business Process Management solutions that streamline, structure and automate underwriting and placement processes for the insurance industry. By managing the processes, data and documents that drive insurance transactions, Riskclick increases underwriting profits, empowers insurers to become the market of choice for their producers, dramatically decreases operational costs, and empowers regulatory compliance. Riskclick Underwriting 1.0, which is being announced at this ACORD LOMA conference, is built on Microsoft .NET. A comprehensive, exception-based underwriting system, Riskclick Underwriting 1.0 is run as a service on Microsoft Windows Server 2003 and orchestrates the flow of ACORD XML using Microsoft BizTalk Server 2003.

"Streamlining workflow, eliminating manual processes and improving underwriting results is a primary focus of the Microsoft Insurance Value Chain family and Riskclick is an important member for that very reason," said Kevin Kelly, managing director of Insurance for Microsoft’s Financial Services Group. “Enabling workflow and providing logical connectivity between point-of-sales and service applications and carrier systems, are the keys to easing the complexity of the insurance industry. By working with Riskclick, customers can truly improve the way their end-users and the insured's they serve experience Insurance."

About Riskclick
Riskclick provides Business Process Management (BPM) solutions for the insurance industry. Headquartered in New York with operations in London, Riskclick provides users in 43 countries with solutions that manage mission-critical insurance processes.

Riskclick’s underwriting solution, Riskclick Underwriting, is a comprehensive exception-based underwriting system for new business submissions, endorsements, and renewals across personal, commercial, and specialty lines of business. For additional information, visit the company Web site at www.riskclick.com.

Media Contacts
Carol Romeo
CBK Group
(201) 556-9404, ext. 110
cromeo@cbkgroup.com