Pegasystems and Industry Luminaries Present on Increasing Underwriting Effectiveness with Business Process Management

Business Wire, Nov 30, 2005

CAMBRIDGE, Mass. -- Pegasystems Inc. (Nasdaq: PEGA), the leading provider of smart business process management (BPM) software, will host a webinar on Wednesday November 30, in conjunction with Insurance Networking News, to address the most advanced processes insurance carriers and their distribution channels can capitalize on to achieve maximum efficiency and effectiveness.

WHO:    Deborah Smallwood, Insurance Practice Leader, TowerGroup
        Dave Magnan, Principal Business Consultant, Pegasystems Inc.
        Moderator: Therese Rutkowski, Managing Editor, Insurance
         Networking News

WHAT:   "Increasing Underwriting Effectiveness with Business Process
        Management" webinar. During this free online presentation
        participants will learn ways to
        --  Improve business performance - productivity,
            profitability, and agent satisfaction
        --  Increase business agility to respond quickly to changes in
            business demand and regulatory requirements
        --  Gain greater visibility into the underwriting process and
            speed application turnaround
        --  Attain better control over the underwriting process - with
            consistent application of rules and faster time to market
            with new products and changed underwriting rules
        --  Lower risk/claims through more effective underwriting

WHEN:   Wednesday, November 30, 2005 2:00 p.m. - 3:00 p.m. EST

WHERE:  Log onto
        http://www.sourcemedia.com/webseminar/Pegasystems/regform.html
        to register for the event.

"Insurance carriers continue to look for ways to maintain profitability in an environment of intense competition and increased regulation," said David Magnan, Principal Business Consultant, Pegasystems. "With BPM and a streamlined, automated underwriting workflow, insurance carriers can lower operating costs, while increasing underwriting effectiveness."

About Pegasystems

Pegasystems Inc. (Nasdaq: PEGA) provides software to automate complex, changing business processes. Our Business Process Management (BPM) solutions provide organizations with the agility critical to managing growth, productivity and compliance. Our solution unifies pure-play BPM software with a sophisticated Business Rules Engine to drive business effectiveness. This patented technology enables organizations to "build for change" and overcome the execution gap that occurs as evolving business objectives outpace the ability of business systems to respond.

Pegasystems' BPM suite offers standards-based technology built in a rapid-solution development environment. Our BPM solution combines the capability to solve a full range of business process challenges with the opportunity to leverage existing technology investments. By enabling business process responsiveness, Pegasystems makes it easier for people and systems to work together.

Pegasystems' award-winning BPM suite is complemented with best-practice solution frameworks based on more than 20 years of experience helping Fortune 500 and other leading corporations in the financial services, insurance, healthcare, manufacturing and government markets.

Headquartered in Cambridge, MA, Pegasystems has regional offices in North America, Europe and the Pacific Rim. For more information, visit www.pega.com.