For more information:
Phil Tschudy 608/231-7188 philip.tschudy@cunamutual.com
Rick Uhlmann 608/231-8940 rick.uhlmann@cunamutual.com
August 17, 2007
CUNA Mutual Again Selected as a CIO Magazine 'Top 100' Honoree
Credit Union-Focused Company Recognized For Strides in Innovation, Collaboration
MADISON, WI -- IDG's CIO magazine has named CUNA Mutual Group as a recipient of the 2007 CIO 100. The 20th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology. CUNA Mutual has received this honor three of the past four years.
"The CIO 100 award recipients serve as industry role models for business and IT excellence,” said Abbie Lundberg, editor in chief of CIO magazine. “This year’s winners demonstrate extraordinary results in a variety of important areas, including business transformation, collaboration, customer innovation and top line contributions."
Among other companies named to the list were: AT&T, Best Buy, Goodyear Tire & Rubber Company and Marriott International.
CUNA Mutual received this award for the development and implementation of its Claims Express project. This specialized claims processing solution included end-to-end automated workflow, resulting in a 75 percent decrease in claims process payment backlogs and an increase in automatic payments by 30 percent. Partnering with business units, the CUNA Mutual IT team then conducted a closed file audit to determine best practices and incorporated changes to further improve the claims process.
"It is an honor for our Information Technology organization to be recognized by CIO magazine through this prestigious technology award program,” said Tom Gosnell, CUNA Mutual’s chief information officer. “Our focus and commitment to technology innovation and operational excellence play a key role in the success of CUNA Mutual’s three-year transformation and our ability to drive continued value to credit unions and the customers we serve.”
The 2007 CIO 100 award will be presented to CUNA Mutual at the La Costa Resort & Spa in Carlsbad, Calif., on Aug. 21, at the conclusion of the ninth annual CIO 100 Symposium® and Awards Ceremony.
About the CIO 100
The recipients of this year's CIO 100 award were selected through a three-step process. First, companies filled out an online application form detailing their innovative practices in both business and IT. Next, teams of CIO magazine editors and writers reviewed the applications in depth, looking for unique practices and substantial results. Finally, the teams met for a day-long meeting to debate the merits of each nominee and vote on the final 100. Once the top 100 honorees were selected, several honorees were chosen to receive an additional special award.
Complete coverage of the 2007 CIO 100 awards is available in the Aug. 15 issue of CIO magazine and available online at www.cio.com.
About CUNA Mutual Group
CUNA Mutual Group is the leading provider of financial products and services to credit unions and their members worldwide. More information on the company is available on the company’s Web site at www.cunamutual.com.
About CIO Magazine
Launched in 1987, CIO magazine addresses issues vital to the success of chief information officers (CIOs) worldwide. The CIO portfolio includes a companion website (www.CIO.com), CIO Executive Programs and the CIO Executive Council. CIO properties provide technology and business leaders with analysis and insight on information technology trends and a keen understanding of IT’s role in achieving business goals. The U.S. edition of the magazine and website are recipients of 140 awards to date, including two Grand Neals from the Jesse H. Neal National Business Journalism Awards and two Magazine of the Year awards from the National Society of Business Publication Editors. CIO magazine is published in more than a dozen countries, including Australia, Canada, China, France and Germany. CIO magazine, CIO.com, CIO Executive Programs and the CIO Executive Council are produced by International Data Group’s award-winning business unit: CXO Media Inc.
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