| System's flexibility and scalability key to selection of DecisionMaker.
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HONOLULU, HI – June 24, 2009
Decision Research Corporation (DRC), a rating and policy processing software solution provider to the property & casualty insurance industry, announced today that Builders Insurance Services, LLC (BIS), headquartered in Irvine, California, has selected DRC’s DecisionMaker™ Suite. The suite, which includes DecisionMaker Quote, Rating, Policy, Billing, and Claims, will provide policy administration for BIS’s Contractor General Liability (CGL) program. BIS selected the DecisionMaker Suite due to the system’s configurability, ease-of-use and speed of implementation for automating the insurance process. DecisionMaker will enable BIS to easily model and manage its lines of business while also offering the ability to expand, not only in the Western region, but also across additional states.
“We chose the DecisionMaker Suite because of its flexibility and scalability which will allow us to easily model our business processes and automate workflows to accommodate existing and future business” said Steve Tvedt, Vice-President Information Systems of Insco Insurance Services, Inc., the controlling member of BIS. “Coupled with DecisionMaker Rating Enterprise, our subject matter experts will be able to seamlessly manage the rates and underwriting rules with minimal assistance from our IT teams,” he continued.
Steve Gaines, President of BIS added, “The DRC team has been very professional and helpful in working with us, and we look forward to their continued support as we grow our business.”
“We‘re excited to add BIS as our next Commercial Lines customer using DecisionMaker Suite,” said Karen Yamamoto, Executive Vice President at DRC. “It’s great to be able to offer a product that provides speed and flexibility to small and mid-sized companies, helping them to be competitive in the marketplace. Our DecisionMaker products are designed with those goals in mind.”
About Builders Insurance Services, LLC
Builders Insurance Services, LLC (BIS), is an affiliate of Insco Insurance Services, Inc., headquartered in Irvine, California, the Underwriting Manager for a group of surety bond companies doing business as the Insco Dico Group of Companies. With offices throughout various states, Insco is authorized to write business in all fifty states though its subsidiaries, Developers Surety and Indemnity Company and Indemnity Company of California. BIS is the Underwriting Manager for Insco’s newest line of business, Property and Casualty, which is currently advancing its Contractor General Liability Insurance line of business across the Western region.
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 $1 Billion, 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.
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For more information, contact:
DRC
Rick Young
(808) 949-8316 ext. 120
info@decisionresearch.com
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