HP Helps State Auto Group Improve Policyholder Communication with HP Exstream - Insurance News | InsuranceNewsNet

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February 15, 2011
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HP Helps State Auto Group Improve Policyholder Communication with HP Exstream

State Auto to adopt HP Exstream’s enterprise-wide approach, shed numerous document solutions including Oracle’s Documerge

PALO ALTO, Calif.--(BUSINESS WIRE)-- HP (NYSE:HPQ) today announced that the State Auto Group, a property and casualty insurance company operating in 34 states, will implement HP Exstream customer communications software.

HP Exstream helps enterprises manage their customer communications from design through delivery, regardless of complexity or variability.

With HP Exstream, State Auto can have more control over customer documents than before, including consistent branding, fast production time, ease of use, and legal compliance regardless of document type or content.

State Auto is consolidating from seven different platforms – including Oracle’s Documerge – to the single HP Exstream platform to significantly reduce costs, increase client response rates and ensure consistent customer interactions.

HP Exstream offers the opportunity to deliver millions of customized documents to policyholders. State Auto’s 3,400 independent agents see this as a significant competitive advantage to best serve their customers.

“Our independent agents voiced concern that documents being distributed to customers were ineffective and followed a one-size-fits-all approach to communications,” said John Heffernan, assistant vice president, Personal Insurance Underwriting Support, State Auto Group. “With HP, we have a partner that can help us consolidate to a single vendor, increase the response rates of our most critical communications and help our agents better service our customers.”

HP Exstream customer communication software allows companies to substantially reduce document costs and improve customer retention by streamlining document creation processes. Customers are able to produce more effective, relevant communications – from developing and streamlining high-volume bills and statements to personalizing and automating fulfillment of on-demand policies, correspondence, quotes and proposals.

Additional information regarding HP Exstream is available at www.hpexstream.com.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP’s businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

HPAmy Rhodes, +1-949-212-3401
amy.rhodes@hp.com
HP Media Hotline, +1-866-266-7272
www.hp.com/go/newsroom
orPorter Novelli for HPJennifer Chapman, +1-404-995-4505
jennifer.chapman@porternovelli.com

Source: HP

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