SEATTLE, Jan. 18, 2008 (PRIME NEWSWIRE) -- The Insurance Accounting & Systems Association (IASA) and Ward Group are pleased to announce the two organizations will partner to offer the 2008 Technology Achievement Award.

The Technology Achievement Award is designed to honor companies demonstrating the most innovative use of technology at an insurance company. Submissions can be made by anyone, but the companies involved in the project must be an IASA member or associate member, and the project must have achieved a measurable ROI between the dates of January 1, 2006 and December 31, 2007.

Submissions can be made by downloading the application/submission form from the IASA website at www.iasa.org. Submissions will be taken until April 15, 2008. The projects submitted for consideration will be judged by a distinguished panel of industry experts and analysts.

The winner(s) of the 2008 Technology Achievement Award will be presented with a plaque onstage on Monday, June 2 during the association's business luncheon at the 2008 IASA Annual Conference & Business Show at the Seattle Convention Center in Seattle, Wash. Additionally, the project will be highlighted in a whitepaper written by Ward Group which will be distributed to insurance industry trade magazines for potential publication and further industry recognition and the winner(s) will have the opportunity to participate in an IASA-sponsored web seminar detailing the projects and its results. Winning companies will also receive one (1) complimentary full conference registration for the 2009 IASA Annual Educational Conference & Business Show to be held in Orlando, Fla.

For more information about submitting your project for consideration, please contact Bob Goldberg of Colorado Farm Bureau Insurance Company via email at bgoldberg@cfbmic.com or Jeff Rieder of Ward Group via email at jrieder@wardinc.com.

About IASA

The Insurance Accounting & Systems Association, Inc. (IASA) is a non-profit, education association that strives to enhance the knowledge of insurance industry professionals, and participants from similar organizations closely allied with the insurance industry by facilitating the exchange of ideas and information. IASA is one of the insurance industry's largest and most well represented trade associations. IASA membership includes insurance companies of all types (Property & Casualty, Life, Health, Fraternal, HMO and others) as members, as well as companies serving the insurance industry, regulators and also organizations more broadly representative of the financial services industry, including banks and investment brokerage firms. Learn more about the IASA by visiting our website at www.iasa.org or by calling (919) 489-0991.

About Ward Group

Ward Group is a consulting firm specializing in the insurance industry, and the leading provider of industry benchmarking and best practices services. Ward Group provides peer group intelligence in many areas including total company operations, underwriting and servicing, claims, technology and finance operations. Ward Group benchmarks help decision-makers manage operating costs, improve operations and define strategy. Ward Group consulting capabilities help insurance companies to maximize the potential of opportunities identified in the benchmarking process and to define a clear course of action for improving profitability and efficiency. Ward Group has worked with over 300 insurance companies. For more information about Ward Group, please visit the company's website at www.wardinc.com or by calling (513) 791-0303.

St. Nick Media Services
Jennifer Overhulse-King
(859) 803-6597