Wolters Kluwer's ELM Solutions Wins Four American Business Awards

Wolters Kluwer's ELM Solutions, the market-leading provider of enterprise legal spend and matter management, contract lifecycle management, and legal analytics solutions won four Stevie® Awards in the 18^th Annual American Business Awards®.

The American Business Awards are the nation's premier business awards program. More than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories.

"It is an honor to be recognized by the American Business Awards as Legal Company of the Year and for our solutions, our people and our complete dedication to our customers," said Jonah Paransky, Executive Vice President and General Manager for Wolters Kluwer's ELM Solutions. "This recognition demonstrates how our technical innovation drives world-class business outcomes for our clients. It also shows the value of our customer intimacy program which enables us to design tailored solutions that serve the specific needs of our customers, like those in the insurance industry."

Following are the award winners that embody Wolters Kluwer's commitment to working with our customers to deliver the experiences, product innovations and dedicated industry focus that help them succeed.

• Passport® Insurance Claims Defense won a Gold award in the Insurance Solutions category. Judges commented that the solution helps claims department attorneys improve performance by pairing data transparency with user-centric functionality.

• The company won a Silver award in the Legal Company of the Year category with judges noting the innovative technology and end-to-end customer experiences that drive world-class business outcomes.

• Vincent Venturella, Product Director, won a Bronze Award for innovation in the Product Developer of the Year category. Vince led the development of Predictive Insights, a module that uses artificial intelligence and analytics from our proprietary LegalVIEW database to provide information to corporate legal and claims departments for selecting the right law firm to handle each litigated matter.

• ELM19, the premier user conference, won a Bronze award in the Brand and Experiences category. Judges remarked that the event was a creative way to provide information about upcoming product releases while giving attendees a way of giving feedback, addressing support, and network with others to learn best practices

"Despite the toughest business conditions in memory, American organizations continue to demonstrate their commitment to innovation, creativity, and bottom-line results," said Stevie Awards president Maggie Gallagher. "This year's Stevie-winning nominations are full of inspiring stories of persistence, ingenuity, resourcefulness, and compassion."

Wolters Kluwer's ELM Solutions is the market-leading global provider of enterprise legal spend and matter management, contract lifecycle management and legal analytics solutions. We provide a comprehensive suite of tools that address the growing needs of corporate legal operations departments to increase operational efficiency and reduce costs. Corporate legal and insurance claims departments trust our innovative technology and end-to-end customer experience to drive world-class business outcomes. The award-winning products include Passport®, the highest rated ELM solution in the latest Hyperion MarketView^tm Legal Market Intelligence Report; TyMetrix® 360°, the industry's leading SaaS-based e-billing and matter management solution; CLM Matrix, named a "strong performer" in the 2019 Q1 CLM Forrester Wave report; and the LegalVIEW® portfolio of legal analytics solutions based upon the industry's largest and most comprehensive legal spend database, with more than $130 billion in invoices.

About Wolters Kluwer Governance, Risk & Compliance

Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2019 annual revenues of ?4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.