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April 12, 2007
Boston, MA (April 12, 2007) - Delphi Technology, Inc. (DTI), an established provider of technology solutions to the property and casualty insurance market, announced today that Couch Braunsdorf and Rawding (CBR), a Managing General Agent (MGA) headquartered in Liberty Corner, New Jersey, has selected DTI’s OASIS Policy Management and Financial Management software solution to manage its program business. OASIS components to be implemented by CBR to administer its Lawyers Professional Liability business include:
In addition to being the first DTI Program Manager client, CBR is the first to use OASIS to manage professional liability for lawyers. One of the key reasons for choosing OASIS was the solution’s unique capabilities for processing and servicing professional liability business. OASIS was built from the ground up to serve the professional liability market, and is not an “all lines” system pressed into PL service. George Rawding, President of CBR, commented, "As we discussed working with the property & casualty carrier to administer its Lawyer Professional Liability business, we knew we needed to demonstrate to them that we not only had the underwriting and business skills, but also the technology infrastructure to properly support the business. The carrier was involved in our evaluation of potential solutions and has fully endorsed our decision to use DTI’s OASIS system." OASIS will be deployed via a hosted solution with OASIS being maintained by DTI at an IBM Hosting Center, and CBR users remotely accessing the system from their New Jersey office. Via the DTI hosted solution, CBR is able to utilize all of the features of OASIS without the high up-front costs and implementation time typically associated with traditional software licensing models. President Sam Fang of DTI noted: “We appreciate CBR’s confidence in our OASIS solution and see this as an opportunity to deploy our professional liability system for the MGAs that typically service the non-medical professional liability business. This new relationship with CBR is especially important to our market expansion strategy.” Couch Braunsdorf, one of the oldest and largest independently owned insurance agencies in the northeast, offers a wide range of products and services designed to provide the security that corporate, professional, and personal insurance clients demand in good or bad times. The company was created by merging two long-established and well-recognized specialists, one with a large property and casualty base, and the other an agency in the association group arena with an emphasis on attorneys. These business lines were strengthened and broadened to meet changing client needs. For more information, visit the company’s web site at www.couchbraunsdorf.com. About DTI Founded in 1989, DTI provides the risk and insurance industry with high performance information systems. DTI’s mission is to provide customers with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology. Headquartered in Boston, with offices in New Brunswick, NJ, San Diego, CA, and Shanghai, China, DTI offers the OASIS suite: a wider, richer array of information systems than is commonly available from one firm. Its staff has deep knowledge of insurance practices and can configure OASIS systems to meet the needs of small to large organizations. As well as licensing OASIS, DTI also offers the software via an application hosting arrangement. For more information, visit the company’s web site at www.delphi-tech.com. Posted by ltluchowski at April 12, 2007 04:00 PM |
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