NEW AWARD RECOGNIZES INSURANCE INTERNET INNOVATION

The Insurance Innovators Award, which will recognize insurance organizations' use of Internet technologies to improve business relationships, has been launched by Insurance & Technology, InSystems and META Group. The new award is intended to recognize an innovator (individual or group/team) who has acted as a change agent by advancing Internet education, and/or the adoption of Internet technology, in an insurance company or insurance company or insurance industry association.

Criteria for determining the first winner, who will be announced in June 2002, includes the following:

* Led the development of new products/processes around the Internet;

* Led use of the Internet to improve relationships with customers, distribution channel partners and regulators;

* Initiated use of the Internet to stimulate new business opportunities; and

* Achieved cost reductions and productivity gains through Internet-based processes.

The deadline for applications will be April 1, 2002. For details on the award program, and to obtain an application form, visit https://www.insystems.com