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DecisionMaker™ Rating Enterprise deploys on Cloud Computing Networks |
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Now available in a cloud environment, DecisionMaker™ Rating Enterprise increases its scalability and flexibility.
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HONOLULU, HI – March 11, 2010 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.
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