Guy Carpenter Selects Pitney Bowes MapInfo(R) Technology to Power Its Risk Management Solution

    World's Leading Risk and Reinsurance Specialist Integrates Location
Intelligence into i-aXs(TM) Platform

    TROY, N.Y., August 16 /CNW/ - Pitney Bowes MapInfo, the leading global
provider of location intelligence, today announced the integration of its
location intelligence technology into i-aXs(TM), an innovative, online risk
management platform developed by Guy Carpenter & Company, LLC, the world's
leading risk and reinsurance specialist. With the added component of location
intelligence, i-aXs enables insurance companies to analyze and visualize their
portfolio exposures and losses at a granular level, helping them make more
informed reinsurance purchase decisions.

    Guy Carpenter already leveraged MicroStrategy's business intelligence
technology within its i-aXs platform and sought a way to more efficiently
analyze and report data from a location perspective. It integrated the Pitney
Bowes MapInfo(R) Location Intelligence Component with its MicroStrategy
business intelligence platform and as a result, ceding insurance companies can
now utilize location intelligence while concurrently accessing a range of
enterprise reporting and analytic solutions. Pitney Bowes MapInfo also enables
i-aXs to utilize the output of standard catastrophe model applications. Users
are able to seamlessly generate maps of a catastrophe exposure based on
reports as well as create reports based on maps.

    Shajy Mathai, managing director of Guy Carpenter, stated, "i-aXs is an
ideal solution for risk managers who have previously struggled with having too
much data and not having the proper resources to manage it and fully take
advantage of what the data can provide. The Pitney Bowes MapInfo product
provides our clients with the ability to visualize this information on a map,
bringing greater clarity to the decision-making process."

    i-aXs enables reinsurance providers to better access and utilize exposure
information about natural hazard risks, such as hurricanes, tornados and hail
storms, or man-made risks, such as terrorism, from satellite data, GPS and
catastrophe models. These tools help carriers better evaluate their risk
exposures and select the appropriate reinsurance coverage.

    With real-time weather feeds from WSI Corporation and historical
information from the Pitney Bowes MapInfo Risk Data Suite(TM) reinsurance
providers are able to analyze geographic risk exposure with greater detail,
resulting in more accurate business decisions. WSI provides unique and
powerful real-time analyses of forecasted and unfolding weather events that
allow carriers and reinsurers alike to understand and estimate the maximum
probable loss associated with severe weather events. Historical weather data
enables underwriters and analysts to understand the propensity of weather
related loss for a specific area.

    "With more than 80 percent of all insurance information containing a
location component, analysis of this information is critical to making sound
insurance business decisions. The reporting power of business intelligence
takes on special value when complimented by location intelligence. i-aXs
represents the culmination of these efforts," said Craig Bedell, director of
global insurance, Pitney Bowes MapInfo. "i-aXs is also an excellent example of
utilizing web services for delivering powerful analyses and reporting made
possible by our Location Integration Components with leading business
intelligence solutions."

    About Guy Carpenter & Company, LLC

    Guy Carpenter & Company, LLC is the world's leading risk and reinsurance
specialist and a part of the Marsh & McLennan Companies, Inc. Guy Carpenter
creates and executes reinsurance and risk management solutions for clients
worldwide through 2,600 professionals across the globe. The firm's full
breadth of services includes 16 centers of excellence in Accident & Health,
Agriculture, Alternative Risk Transfer, Environmental, General Casualty,
Investment Banking(a), Life & Annuity, Marine & Energy, Professional
Liability, Program Manager Solutions, Property, Retrocessional, Structured
Risk, Surety, Terror Risk, and Workers Compensation. In addition, Guy
Carpenter's Instrat(R) unit utilizes industry-leading quantitative skills and
modeling tools that optimize the reinsurance decision-making process and help
make the firm's clients more successful. Guy Carpenter's website address is

    (a) Securities or investments, as applicable, are offered in the United
States through MMC Securities Corp., a US registered broker-dealer and member
NASD/SIPC. Advice on securities or investments in the European Union is
provided through MMC Securities Ltd., regulated by the Financial Services
Authority for the conduct of investment business in the United Kingdom.
Reinsurance products are placed through qualified affiliates of Guy Carpenter.
MMC Securities Corp. and MMC Securities Ltd. are affiliates of Guy Carpenter.

    About Pitney Bowes MapInfo

    Pitney Bowes MapInfo, part of Pitney Bowes Inc. (NYSE:  PBI), is the
leading global provider of location intelligence solutions, integrating
software, data and services to provide greater value from location-based
information and drive more insightful decisions for businesses and government
organizations around the world. The Company's solutions are available in
multiple languages through a network of strategic partners and distribution
channels in 60 countries. Visit and for more

    Of Note

    This press release contains forward-looking statements involving risks
and uncertainties. Any statement not a statement of historical fact is a
forward-looking statement, including without limitation statements concerning
demand for and benefits of Pitney Bowes MapInfo products and integration of
its products with existing solutions. Actual results could differ materially
from those stated or implied in forward-looking statements due to a number of
factors, including those factors contained in the Company's most recent annual
report on Form 10-K filed with the Securities and Exchange Commission under
the heading "Risk Factors." Pitney Bowes MapInfo takes no responsibility to
update any forward-looking statements.

For further information:

For further information: Pitney Bowes MapInfo Angela Girard,
518-285-6000 or Schwartz Communications Mark Kalb,

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