Prelude Software and Vertafore Announce Integration for Texas Medical Liability Trust (TMLT)

Natick, MA - 7 May 2009

Prelude Software, a leader in payment processing software solutions for the insurance industry, announced today the integration with Vertafore’s insurance industry leading content management and workflow solution, ImageRight, for their mutual client Texas Medical Liability Trust (TMLT). This successful integration will have an immediate positive impact in terms of streamlining processes, reducing costs and managing payment information.

Implementing the integration of the PayPilot® enterprise-wide, payment processing solution and ImageRight’s content management system was a strategic choice for TMLT. Together ImageRight and Prelude enable the seamless transfer of payment information to automate processes and further TMLT’s STP goals.

The integration of PayPilot and Vertafore’s ImageRight solution is a significant offering for insurance carriers, like TMLT. The insurance industry is especially focused on eliminating unnecessary costs and inefficiencies in this difficult economy. Whether companies are using Web Services technology or existing legacy infrastructure, Prelude offers the ability for clients to recognize significant increases in STP with its PayPilot software.

“ImageRight is one of the most established content management and workflow solutions built specifically for the insurance industry,” said Steve Root, president of Prelude Software. “We are always looking for opportunities to enhance our customers’ processes and integrating with ImageRight is a natural extension of the efficiencies we offer. We have several mutual clients who are already seeing the benefits of integrating the two products, and we see many more taking advantage of this offering.”

Both companies continue to achieve industry recognition from analysts and customers alike for their easy-to-implement and user-friendly solutions.

“Prelude Software’s capabilities naturally complement the functionality of ImageRight,” said Bob Helvey, channel manager for Vertafore’s Carrier & MGA Markets. “Payment data is just another business content that can be moved to image further reducing the paper output of insurance companies like TMLT.”

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