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LexisNexis and Compliance 360 Announce New Insurance Compliance SolutionDayton, OH, and Atlanta, GA.- February 13, 2006–– LexisNexis U.S., a leading provider of information and services solutions, and Compliance 360, a provider of governance, risk, and compliance management software, have teamed up to fulfill a need for insurance professionals by offering an integrated service that brings together LexisNexis® Insurance Compliance and the Compliance 360 platform. This unique combination allows insurance compliance professionals to get a comprehensive view of legal and regulatory issues and have this information automatically incorporated into a compliance workflow solution so it can be managed in one place. “The insurance market is heavily regulated, making it difficult to stay current with the constant changes and manage the tasks and activities to stay compliant,” stated Steve McGraw, president and chief executive officer, Compliance 360, Inc. “With this joint solution, insurance organizations can get a comprehensive view to stay on top of newly enacted laws at the state-level, while increasing accountability and providing management visibility of their compliance status.” Clemens Ceipek, senior vice president of U.S. Corporate Markets for LexisNexis said, “We have taken an innovative approach to fix a workflow issue. It eliminates extra manual work and helps insurance professionals respond more quickly to regulatory changes. This solution is going to turn heads. People take notice when something can help them avoid costly regulatory investigations and penalties.” The LexisNexis Insurance Compliance Solution (http://www.lexisnexis.com/compliance/) is a critical component because it provides unique and comprehensive regulatory and legislative content to track changes and ensure early warnings, expert industry advice, 50-state surveys of top issues, and a state-of-the-art insurance taxonomy/index that makes it possible to search by different terminology and issues across all 50 states. Compliance 360 brings an innovative web-based software application
that automates the management of corporate compliance programs while
providing real-time visibilty into compliance status. For More Information About Compliance 360, Inc.
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