Published: March 11, 2010
DecisionMaker Rating Enterprise Deploys on Cloud Computing Networks
HONOLULU - (BUSINESS WIRE) - Decision Research Corporation (DRC), a rating and policy processing
software solution provider to the property & casualty insurance
industry, is pleased to announce the release of Version 7.1 of
DecisionMaker Rating Enterprise. Version 7.1 has been enhanced for
deployment in a cloud computing environment and is believed to be one of
the first in the industry with that capability.
Building on the success of the DecisionMaker Rating's ability to empower
business users such as business analysts, actuaries and underwriters to
manage rate and rules changes across multiple lines of business with
minimal IT assistance, DRC has taken another step forward. Cloud
computing capabilities make DecisionMaker even more valuable to carriers
looking for massive scalability and flexibility in how they approach
their business.
DecisionMaker Rating Enterprise customers can now reap the financial
benefits of cloud computing by minimizing overhead associated with a
conventional IT infrastructure and quickly capitalizing on capital IT
investments while having an IT infrastructure available to them that is
capable of supporting virtually unlimited growth. In addition,
DecisionMaker Rating customers will be able to respond to market events
and rate changes quickly, reducing their time to market for new
products. Carriers using DecisionMaker Rating can now create multiple
cloned environments with minimal down time.
DecisionMaker Rating Enterprise customers can also utilize the capacity
of cloud technology to provide capacity to quickly perform "What If"
analysis utilizing the DecisionMaker Analyzer toolset. Analysts can
obtain results to a book of business of a proposed change to a rate plan
in a much shorter timeframe by only obtaining additional computing
capacity as it is needed. This approach simultaneously lowers IT
investment while increases responsiveness to increasingly volatile
market conditions.
"With this latest development from our DecisionMaker Rating product
team, we are able to build on our commitment to improve the way our
clients are able to do business using the latest in technology. By
architecting DecisionMaker Rating to be deployed on cloud networks, it
furthers our efforts to provide solutions that run at the speed of
business," noted Karen Yamamoto, Executive Vice President at DRC. "DRC
will be featuring its DM Rating on cloud networks demonstration at the
CAS Rating and Product Management Seminar in Chicago on March 15th-17th,"
she continued.
About DRC
DRC is a highly experienced and trusted software development company
that consistently delivers and successfully implements software
solutions to support a wide range of P&C insurance industry lines of
business. From the small startup insurers and MGAs to insurers with
written premium in excess of $2Billion, DRC clients have chosen
DecisionMaker for their rating, quoting, billing, policy administration
and claims needs and an impressive return on investment. For more
information about DRC, call us or visit www.decisionresearch.com.
Decision Research Corporation
Rick Young, 808-949-8316 ext.
120
rickyoung@decisionresearch.com
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