Honolulu, HI – November 13, 2018
Decision Research Corporation (DRC), a technology leader specializing in digital insurance solutions for the P&C insurance industry, is pleased to announce that Karen Yamamoto has agreed to serve as the company’s Chief Executive Officer (CEO). Yamamoto will also continue her responsibilities as President. Yamamoto’s appointment reflects a years-long planned succession in conjunction with the retirement of DRC’s founder Dr. Walter Simmons. Her appointment as CEO reflects the company’s continued commitment to developing innovative technology solutions for the insurance industry. Yamamoto brings to the role over 30 years of experience in maintaining DRC customer relationships and defining product strategy.
Karen’s new title does not represent a shift in DRC strategy. It is an extension of Yamamoto’s leadership that has brought DRC to its most successful performance in company history in serving US and global clients and a vote of confidence that her strategic vision will continue to deliver to both the company and customers. “I see enormous opportunity ahead for DRC,” noted Yamamoto. “We enjoy a unique position in the industry, led by our flagship RS X Rating technology. Our continued investment in R&D will assure that we will bring even more innovation and value to our customers in the months and years to come.”
With decades of insurance, technology, and software development expertise, Yamamoto brings to the CEO role an in-depth knowledge and understanding of all aspects of the development process and a proven methodology for delivering successful, enterprise insurance software solutions — backed by DRC’s commitment to delivering to customers’ complete satisfaction. As President, Yamamoto leads with a “hands-on/open door” approach and looks to continue these successful practices as she adds the additional responsibilities of CEO. Yamamoto also remains actively involved in customer engagements and is an integral player in the product design and direction of new insurance technology solutions DRC creates for P&C insurers.
For nearly half a century, DRC has provided powerful and trusted software solutions to the Property & Casualty (P&C) insurance industry. Large carriers, small start-ups and MGAs alike in the United States and globally deploy DRC’s SaaS and onsite solutions to manage total written premium in excess of $7 billion. DRC’s web-based administration system expedites implementation, lowers costs and simplifies maintenance across insurance products. Our leading RS X Rating allows business users who price risks and model products in Microsoft Excel® workbooks to create a version-controlled, web service process throughout the entire insurance ecosystem with minimal need for any programming resource. All DRC clients receive market-leading solutions, expert implementation and our commitment to deliver to their complete satisfaction. For more information about DRC, visit www.decisionresearch.com. Connect with DRC on Twitter (@DRCNews) and Facebook (fb.com/DecisionResearch).
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