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Transatlantic Reinsurance Company Chooses Clearwell to Streamline Duty to Preserve

^{Published on 2011-05-25 06:05:50 - Market Wire}
 

MOUNTAIN VIEW, Calif.--([ BUSINESS WIRE ])--[ Clearwell Systems ], Inc., a leader in [ intelligent e-discovery ], today announced that Transatlantic Reinsurance Company, a subsidiary of Transatlantic Holdings, Inc. (NYSE: TRH), has chosen Clearwell to seamlessly manage the legal hold process. The [ Clearwell Legal Hold Module ] streamlines electronic data preservation by providing a scalable, repeatable and defensible legal hold workflow. With Clearwell, Transatlantic Reinsurance Companya™s legal team can create, manage and track all legal hold notices in one place, and satisfy the essential duty to preserve from anticipation to completion of litigation.

"The old way of manually managing legal hold notices via emails and spreadsheets is under fire, and companies can no longer sit and watch as courts continue to issue hefty sanctions for the failure to preserve data"

aWe chose Clearwell because we wanted a solution that would allow us to quickly and defensibly meet our legal hold needs, and integrate seamlessly with our use of the Clearwell E-Discovery Platform for downstream phases of e-discovery,a said George DiMartino, senior vice president and CIO, Transatlantic Reinsurance Company. aClearwell Legal Hold will allow our attorneys to easily manage and track legal hold notifications across multiple custodians and multiple cases. This streamlined approach can simplify the legal hold process, satisfy the duty to preserve, and provide a defensible workflow in order to save time and risk throughout the e-discovery process.a

Clearwell Legal Hold automates and streamlines the legal hold process through a comprehensive set of scalable, repeatable and defensible capabilities. Key features of the Clearwell Legal Hold Module include hold notices, auto-reminders and auto-escalation, custodian surveys, custodian portals, and automated tracking and reporting. Additionally, the Clearwell Legal Hold Module is an integrated part of the [ Clearwell E-Discovery Platform ], which supports all phases of the e-discovery process in a single, end-to-end product. Once a legal hold is issued, users (legal, IT or custodians) can easily collect relevant data that can then be seamlessly processed, analyzed, reviewed and produced all within the Clearwell E-Discovery Platform.

aThe old way of manually managing legal hold notices via emails and spreadsheets is under fire, and companies can no longer sit and watch as courts continue to issue hefty sanctions for the failure to preserve data,a said Kamal Shah, VP of products and marketing at Clearwell Systems. aBy leveraging Clearwell Legal Hold, companies are increasingly taking a proactive stance to implement a scalable, repeatable legal hold workflow that gives their attorneys peace of mind over the defensibility of their legal hold process, and reduces the risk of e-discovery sanctions.a

For more information on the Clearwell E-Discovery Platform, visit [ www.clearwellsystems.com ] or call 1-877-CLEARWELL.

About Transatlantic Holdings, Inc.

Transatlantic Holdings, Inc. (TRH) is a leading international reinsurance organization headquartered in New York, with operations worldwide. TRHa™s subsidiaries, Transatlantic Reinsurance Company® (TRC), Trans Re Zurich Reinsurance Company Ltd (TRZ) and Putnam Reinsurance Company (Putnam), offer reinsurance capacity on both a treaty and facultative basis -- structuring programs for a full range of property and casualty products, with an emphasis on specialty risks.

About Clearwell Systems

Clearwell Systems is transforming the way enterprises, government agencies, and law firms perform[ electronic discovery ]([ ea"discovery ]) in response to litigation, regulatory inquiries, and internal investigations. The[ Clearwell Ea"Discovery Platform ]streamlines [ enda"toa"end ea"discovery ], providing a single product for identification, collection, preservation, processing, analysis, review, and production. Leading global organizations such as AEGON, Bombardier Learjet, Clear Channel Communications, Constellation Energy, the Department of Health and Human Services, Immigration and Customs Enforcement, GameFly, Microsoft, NBC Universal, OfficeMax, Saint Barnabas Health Care System, Time Warner, Toyota and Volvo are using Clearwell to streamline [ legal hold ] notifications, automate [ collections ], accelerate[ early case assessments ], intelligently[ culla"down data ], increase[ reviewer productivity ], and ensure the[ defensibility of their ea"discovery process ]. Consistently ranked as a leader in independent[ ea"discovery industry surveys ]and reports, Clearwell Systems is an active participant in the Electronic Discovery Reference Model (EDRM) Project, The Sedona Conference, and the Text REtrieval Conference (TREC). For more information, visit [ www.clearwellsystems.com ], follow us on Twitter at[ http://twitter.com/clearwell ], or subscribe to the Ea"Discovery 2.0 blog at[ http://www.clearwellsystems.com/ea"discoverya"blog/ ].