Island Insurance Selects DRC for HP Exstream Forms Development

Friday, Oct 02,2009, 1:21:51 PM Click:

HONOLULU--(BUSINESS WIRE)-- Decision Research Corporation (DRC), a rating and policy processing software solution provider to the property & casualty insurance industry, today announced that it has been selected by Island Insurance to provide forms development services for multiple lines of business, both personal and commercial. Island Insurance uses the HP Exstream Document Automation system for their document automation software needs; DRC is an authorized HP partner with extensive HP Exstream software experience. During this engagement, DRC will be working with Island to convert nearly 300 documents, including declaration packets, correspondence and invoices.

"As we implement new technologies to support our growth strategies, we remain focused on partnering with the leaders in our industry," said Jeff Fabry, CIO at Island Insurance. "DRC's years of insurance expertise and experience with the HP Exstream solution were the clear choice to fulfill our future needs."

Noted John Agsalud, Director of Professional Services for DRC, "We are very appreciative of the opportunity Island Insurance has given us with respect to their forms development services. We believe our experience with HP Exstream under both traditional and Software-as-a-Service models is unparalleled, not just in Hawaii, but across the country.

About Island Insurance

Island Insurance Company, Ltd. is Hawaii's largest locally owned and managed insurance carrier, offering a full range of property and casualty protection. Founded in downtown Honolulu in 1939, Island Insurance has been serving Hawaii's families and businesses for 70 years and is the first and only Hawaii-based company to be recognized as a Top 50 property & casualty insurance company in the nation by the Ward Group. Island Insurance has earned financial strength ratings of "A" (Excellent) from A.M. Best Company and an "A" (Strong) rating from Fitch Ratings. For more information, visit its website at: www.islandinsurance.com.