The Dentists Insurance Company in Production with DTI's OASIS; DTI's OASIS Provides TDIC Streamlined End-to-End Professional Liability Insurance Processing - Insurance News | InsuranceNewsNet

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January 11, 2006
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The Dentists Insurance Company in Production with DTI’s OASIS; DTI’s OASIS Provides TDIC Streamlined End-to-End Professional Liability Insurance Processing

 


BOSTON January 11, 2006

Delphi Technology, Inc. (DTI), an established provider of technology solutions to the property and casualty insurance market, announced today that The Dentists Insurance Company (TDIC) is in production with DTI's OASIS insurance processing software solution. The OASIS implementation includes sophisticated workflow automation capabilities that increase TDIC's efficiency. TDIC has licensed DTI's entire insurance processing suite - including web functionality - for its professional liability, property, and general liability business.

TDIC offers customized insurance coverages tailored to dentists throughout the United States. Because of the high volume of policies that TDIC writes, combined with the low premium characteristics of their business, TDIC sought a new solution that would allow them to increase the automation of their processing. Foremost, TDIC wanted to ensure that they maintained their high standard of customer service.

With no out-of-box solution available in the market to meet their extensive workflow automation requirements, TDIC selected DTI as their development partner, given DTI's proven experience in the professional liability market and the reputation of the DTI system. Because DTI's OASIS solution is a rules-driven system, TDIC's extensive workflow requirements would fit in to enhance the existing capabilities.

According to David LaMar, CIO with TDIC, "We scoured the market looking for the best solution and chose DTI's OASIS - not only because it is a proven product, but also because DTI was willing to work with us to expand their system to accommodate our workflow needs. We really challenged them with our detailed workflow requirements, and they stepped up to the plate and worked closely with us through the process. DTI went the extra miles for us and we appreciate the effort."

Mr. LaMar continued, "With OASIS we now have a highly automated process that enables us to engage new policyholders and service them for years more efficiently."

Daihwan Choi, Account Executive with DTI, added, "We appreciate TDIC's confidence in our product, development, and professional liability expertise. All three elements were critical to the success of this project. TDIC challenged us with a significant development effort and a sophisticated implementation - we really had to come together as a team to accomplish what we did. But, it was well worth it, given that the new OASIS capabilities are now available as an option to our existing and future clients, enabling them to derive even more value from the DTI system."

About The Dentists Insurance Company (TDIC)

Founded by dentists, for dentists, TDIC is the nation's first and most successful dentist-owned professional liability carrier. The California Dental Association incorporated The Dentists Insurance Company in November 1979 as a wholly-owned subsidiary. TDIC's first policy took effect on July 1, 1980. By 1994, TDIC was rated "A" (excellent) by the A. M. Best Company, America's leading insurance rating firm.

Today, TDIC insures over 14,000 dentists, including the members of the California, Georgia, Hawaii, Minnesota, New Jersey and Pennsylvania dental associations, the Alaska Dental Society, and the Illinois State Dental Society. TDIC also insures dentists in Arizona, Nevada, New Mexico, and North Dakota. For more information on TDIC, visit the company's website at www.thedentists.com.

About Delphi Technology, Inc. (DTI)

Founded in 1989, DTI provides the risk and insurance industry with high performance information systems. DTI's mission is to provide customers with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.

Headquartered in Boston, with offices in New Brunswick, NJ, San Diego, CA, and Shanghai, China, DTI offers the OASIS suite: a wider, richer array of information systems than is commonly available from one firm. DTI's staff has deep knowledge of insurance practices, enabling them to configure OASIS systems to meet the needs of the smallest to the largest insurance organizations. As well as offering OASIS through a traditional software-licensing model, DTI also offers the software via an application hosting arrangement (ASP).

For more information, visit the company's website at www.delphi-tech.com.

CONTACT:

Delphi Technology, Inc., Boston
Karen Vazquez
617-259-1225
kvazquez@delphi-tech.com

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