Full Capture Solutions Named to Industry List of "Up and Coming Insurance Technology Firms - Class of 2008"
Connecticut firm recognized for bringing innovative data analytics
and semantic technology applications to insurers
EAST HARTFORD, Conn.--(Business Wire)--
Full Capture Solutions, Inc., a leading provider of analytic and
search technology tailored specifically for the insurance industry,
was named by Financial Insights, an IDC Company as one of 2008's "Up
and Coming Insurance Technology Firms." Full Capture
(www.fullcapture.com) was recognized for its innovations in data
analytics technology, in particular, leveraging semantic technology
capabilities to search and extract value from the significant amount
of insurance data that is "unstructured."
"Full Capture Solutions met the objective of our research, which
was to profile a select number of emerging technology firms providing
value to insurance companies in ways that are better or different than
existing competition," said Barry Rabkin, senior research analyst for
the Insurance Practice, Financial Insights. "Our research is designed
to help insurers think beyond their traditional short list of vendor
options, as well as alert technology firms about newer players, and
highlight emergent technology firms for venture capital and investment
firms." Financial Insights, an IDC company, is one of the world's
leading providers of independent research, custom consulting, and
advisory services focusing on the business, technology and operational
issues, within the financial services community. Financial Insights is
one of the only research firms that has a significant physical
presence worldwide, with analysts based in the Americas, Asia Pacific
and Europe.
"The insurance industry has amassed enormous volumes of data,
almost all of it dormant. Most insurers have begun efforts to extract
business intelligence from that data, but are finding that much of the
data is unstructured, which renders it inaccessible using traditional
modeling approaches," noted Stephen Holcomb, founder and chief
executive officer of Full Capture Solutions. "By adapting semantic and
search technologies to the insurance industry and combining their
power with statistical-based analytic modeling techniques, Full
Capture Solutions enables insurers to tap into the power of all their
data, regardless of its structure, source or form. Our customers are
turning their dormant data into a valuable corporate asset. We're
pleased that Barry Rabkin and Financial Insights have recognized our
contributions to insurance technology."
About Full Capture:
Full Capture Solutions, Inc. (FCSi) is a privately held
corporation headquartered in East Hartford, CT, with an office in
Novato, California. Founded in 2004 by insurance and technology
veterans, FCSi develops and provides analytic and search software
tailored specifically for the insurance industry. One of the keys to
the company's value proposition is its unique patented ability to
apply semantic technologies to unstructured data in a meaningful
manner. The company delivers its technology via a
Software-as-a-Service model. For additional information visit
www.fullcapture.com or call 860-291-9517.
Scott Public Relations
Joy Scott, 818-610-0270
joy@scottpublicrelations.com
Copyright Business Wire 2008
