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HONOLULU, HI–March 14, 2005
At the AAMGA Insurance Automation & Technology Conference in Philadelphia, PA, Decision Research Corporation (DRC) announced today that San Diego based general agency, Arrowhead General Insurance Agency, Inc. has expanded its implementation and production use of DRC’s V1STA RateMaker to include rate plans for a number of Arrowhead’s commercial lines products.
A DRC client since 2003, Arrowhead was already utilizing DRC’s RateMaker to rate a number of personal lines products, including: auto, homeowners, dwelling fire, condo, renters and umbrella. Since its implementation, RateMaker has become an important component within Arrowhead Exchange, a portal site that offers agencies and customers the ability to quote, bind and service Insurance products on-line.
Arrowhead is currently developing rating solutions for its professional liability, commercial auto, commercial property and general liability lines.
Stephen Boyd, Vice President of Information Systems with Arrowhead, commented, “We originally selected DRC’s RateMaker for use with our personal lines products. The initial implementation and integration cycles were short and we’ve been very satisfied with the results since we’ve gone into production. That experience has helped to reinforce our decision to expand the use of the DRC product into commercial lines.”
Karen Yamamoto, Vice President with DRC, added, “We are very pleased with Arrowhead’s expansion and sincerely appreciate their confidence in our product and our team. We are especially gratified since Arrowhead represents the first company to implement our product for commercial lines. DRC has been extremely successful in the personal lines market and we look forward to aggressively expanding our presence in the commercial area.”
About Arrowhead General Insurance Agency
With headquarters in San Diego, California, Arrowhead General Insurance Agency services a variety of insurance markets. Offering an impressive and extensive inventory of Programs and Products, Arrowhead has fast become one of the largest general agencies in the nation, expanding into more than 20 states in 20 years. To reinforce its solid reputation, Arrowhead has further expanded its Internet-based product delivery platform, Arrowhead Exchange, making insurance sales easier with every click. With this advancement, Arrowhead is poised to offer its producers the sturdy foundation that they need in this ever-changing industry. For more information about Arrowhead, visit www.ArrowheadGeneral.com.
About Decision Research Corporation
Decision Research Corporation (DRC) is a rating and policy processing system software solution provider to the Property & Casualty insurance industry. Products include V1STA RateMaker, a platform independent rating engine, and V1STA DecisionMaker, a fully integrated quote-to-claim policy processing system. With over 30 years of proven experience and a well-established and loyal client base, DRC continues to expand their market presence with a specific emphasis in the small- to mid-size U.S. Property & Casualty insurance market, including the larger MGAs. For more information on the DRC company, product or services, please visit www.decisionresearch.com or call 800-836-6057.
For more information, contact:
Rick Young
Phone: (808) 949-8316 ext. 120
Email: info@decisionresearch.com