STOCK TITAN

Wolters Kluwer announces winners of seventh annual Legal Innovator Awards

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Wolters Kluwer ELM Solutions recognizes Chubb and Marsh & McLennan Companies for their innovative approach to legal spend management.
Positive
  • Chubb and Marsh & McLennan Companies were celebrated for their innovative approach towards improving the delivery of legal services. Chubb successfully streamlined its electronic claims expense billing and matter management capabilities, gaining operational efficiencies. Marsh and McLennan Companies achieved the near elimination of paper invoices and better reports to senior management through Passport.
Negative
  • None.

ELM Solutions recognizes clients for their innovative approach to legal spend management

HOUSTON, Oct. 27, 2023 /PRNewswire/ -- Wolters Kluwer ELM Solutions, part of Wolters Kluwer's Legal & Regulatory division, announced the winners of its seventh annual Legal Innovator Awards during the business' ELM Amplify 2023 conference in Bonita Springs, Florida. ELM Solutions clients Chubb and Marsh & McLennan Companies were celebrated for their innovative approach towards improving the delivery of legal services.

"It's an honor to celebrate these remarkable clients who continue to demonstrate the power of technology to drive new efficiencies, insights and value to the legal operations function," said Barry Ader, Vice President of Product Management and Marketing at Wolters Kluwer ELM Solutions. "Mastering legal spend will be crucial as corporate legal departments position themselves to navigate boldly into the future."

The annual Legal Innovator Awards recognize ELM Solutions clients who have successfully leveraged technology to transform legal operations. Chubb, the world's largest publicly traded property and casualty insurance company – not to mention a 2019 Legal Innovator Awards winner – worked with ELM Solutions to successfully streamline its electronic claims expense billing and matter management capabilities to gain operational efficiencies in the claims process by automating the process of sending invoices to external parties and customers.

Meanwhile, Marsh and McLennan Companies also utilized Passport to successfully coordinate its global legal spend through a single solution. A leading professional services firm in the areas of risk, strategy and consulting, Marsh and McLennan Companies was able to achieve the near elimination of paper invoices, better reports to senior management, and more relevant analysis of data to make cost effective decisions for stakeholders.

About Wolters Kluwer 
Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software, and services for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

Wolters Kluwer reported 2022 annual revenues of €5.5 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 20,900 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

For more information, visit www.wolterskluwer.com, follow us on LinkedInTwitter, Facebook, and YouTube.

Media Contacts 
Paul Lyon
Senior Director, External Communications
Global Branding & Communications
Wolters Kluwer
Office: +44 20 3197 6586
Email: Paul.Lyon@wolterskluwer.com

Frank Ready
Senior Specialist, External Communications
Legal & Regulatory
Wolters Kluwer
Office: 717-205-3647
Email: Frank.Ready@wolterskluwer.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/wolters-kluwer-announces-winners-of-seventh-annual-legal-innovator-awards-301969737.html

SOURCE ELM Solutions

FAQ

Who were the winners of the seventh annual Legal Innovator Awards?

Chubb and Marsh & McLennan Companies were the winners of the seventh annual Legal Innovator Awards.

What did Chubb achieve with ELM Solutions?

Chubb successfully streamlined its electronic claims expense billing and matter management capabilities, gaining operational efficiencies.

How did Marsh and McLennan Companies benefit from Passport?

Marsh and McLennan Companies achieved the near elimination of paper invoices and better reports to senior management through Passport.

What is the purpose of the Legal Innovator Awards?

The Legal Innovator Awards recognize ELM Solutions clients who have successfully leveraged technology to transform legal operations.

WOLTERS KLUWER S/ADR

OTC:WTKWY

WTKWY Rankings

WTKWY Latest News

WTKWY Stock Data

38.28B
236.17M
0.04%
Specialty Business Services
Industrials
Link
United States of America
Alphen aan den Rijn