Oracle Introduces Newest Version of Oracle(R) Insurance Insbridge Rating and Underwriting

New Rating Templates, Automated Template Reconciliation and Pre-built Industry Content Delivered via Oracle Insurance Rating Express Enable Accelerated Product Time-to-Market

    LAS VEGAS, Nov. 10 /PRNewswire-FirstCall/ -- ISOTECH 2008 Conference --      News Facts     -- The newest version of Oracle(R) Insurance Insbridge Rating and        Underwriting (http://tinyurl.com/6ygjub) -- which now includes Oracle        Insurance Rating Express (http://tinyurl.com/6g4sk9) -- is now        available.     -- The new release helps insurance companies meet growing requirements to        accelerate product time-to-market by offering users new rating        templates, automated template reconciliation and pre-built industry        content via Oracle Insurance Rating Express.     -- The new version of Oracle Insurance Insbridge continues Oracle's        commitment to delivering complete, modern solutions that enable        insurance companies to solve key business challenges and transform        their enterprise.     -- Oracle Insurance applications help insurance companies improve business        agility through end-to-end software that manages the entire enterprise        -- from technical infrastructure to core insurance processing.       New Features Help to Accelerate Time-to-Market     -- Flexible Insurance Services Office (ISO) loss costs templates,        available via the new Oracle Insurance Rating Express feature, help        facilitate compliance with corporate and industry standards, save weeks        of development time, reduce the likelihood of rating errors and        increase speed-to-market for new rate programs.          -- Templates feature pre-loaded ISO content.          -- Users can also create custom deviations from the pre-built             template content and maintain those customizations as new template             versions are updated.     -- Oracle Insurance Insbridge's new automated rating template        reconciliation helps eliminate time consuming manual processes,        potentially saving hundreds of hours and avoiding weeks of delays in        implementing new templates.  Accuracy of new template versions also is        improved.     -- Oracle Insurance Insbridge requires no programming, so business users        can manage the applications themselves -- from updating tables to        creating surcharges and discounts and more.       Supporting Quotes     -- "Oracle Insurance Insbridge Rating and Underwriting is a highly        scalable, easy-to-use and accurate system that helps speed        time-to-market for insurance products," said Rick Connors, senior vice        president and general manager, Oracle Insurance.  "The addition of        industry-specific templates, automated template reconciliation and        pre-built industry content via Oracle Rating Express further        demonstrates Oracle's commitment to developing and extending solutions        that help insurance companies ensure compliance and gain operational        efficiencies."       Supporting Resources     -- Oracle Insurance (http://tinyurl.com/5l5a73)     -- Oracle Insurance Insbridge Rating and Underwriting        (http://tinyurl.com/5klaqy)     -- Oracle Insurance Rating Express (http://tinyurl.com/6g4sk9)     -- Oracle Insurance Policy Express (http://tinyurl.com/5n8vb5)     -- Oracle Insurance Library Express (http://tinyurl.com/6rq6zx)

About Oracle Insurance

Oracle Insurance provides modern, end-to-end software solutions to manage the entire insurance enterprise -- sales, service, administration, financials and infrastructure. Oracle Insurance best-in-breed applications include Oracle Application Integration Architecture Foundation Pack for Insurance (http://tinyurl.com/4urr9g), Oracle Documaker (http://tinyurl.com/5wve3u), Oracle Insurance Claims (http://tinyurl.com/6qdvat), Oracle Insurance Business Intelligence (http://tinyurl.com/6dtb5s), Oracle Insurance Insbridge Rating and Underwriting (http://tinyurl.com/5klaqy) and Oracle Insurance Policy Administration (http://tinyurl.com/56bbf3). For more information about Oracle Insurance, please visit http://www.oracle.com/insurance.

About Oracle

Oracle (Nasdaq: ORCL) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.

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