Advisen Features Live System at RIMS Conference

Strategic Information Services for the Commercial Insurance Industry are Unveiled
NEW ORLEANS, April 15, 2002 – Advisen Ltd., a developer of online interactive software and information sourcing tools exclusively for insurance professionals, announced the first preview of its new service at the Risk and Insurance Management Society’s (RIMS) 40th annual conference.

The exhibition and conference, held this year at the Morial Convention Center in New Orleans from April 15 to 18, will be attended by thousands of risk professionals. Conference attendees are the first to see the live Advisen system featuring cutting-edge benchmarking, analytic and knowledge management tools.

“We are excited to unveil our technology to insurance professionals and we view the RIMS annual meeting as the ideal venue,” said Thomas P. Ruggieri, CEO of Advisen. “We look forward to building mutually beneficial relationships with the insurance professionals we meet at the RIMS annual conference.”

Advisen is the only provider of online systems that give insurance and benefit professionals a way to benchmark their internal data against external standards, run complex analytics with a few clicks, and access state-of-the-art knowledge management and search capabilities.

About Advisen

Advisen Ltd. is the leader in strategic information services for the commercial insurance industry, combining comprehensive market data with proprietary analytic and benchmark modeling software. Advisen is the only provider to offer insurance companies, brokers and risk managers a systematic perspective on writing, marketing and buying lines of commercial insurance. Based in New York City with offices in Chicago, San Francisco, London and Bermuda, Advisen was founded in 1999 by a team of seasoned insurance and technology executives, including senior managers from Marsh Inc., Bloomberg, L.P. and Swiss Re America.