CHI Opts for ASP Version of DTI's OASIS Solution; CHI looks to DTI for fully-integrated, end-to-end processing for medical professional/general liability insurance

Business Wire, Oct 11, 2005

BOSTON -- Delphi Technology, Inc. (DTI), an established provider of technology solutions to the property and casualty insurance market, announced today that California Healthcare Insurance Company, Inc, A Risk Retention Group (CHI), has chosen to implement the full suite of DTI's OASIS insurance software solution. CHI's management company subsidiary, Optima Healthcare Insurance Company (Optima), managed the conversion, configuration and implementation process.

With DTI's fully integrated, end-to-end insurance processing suite, CHI plans to replace their current arsenal of stand-alone and disparate systems to gain operational efficiency and accuracy through improved automation and seamless process flow between multiple locations. The OASIS solution will provide Optima insurance professionals with anywhere, anytime access to up-to-date and complete policy and claims information.

The DTI OASIS solution is being provided to CHI via an ASP-delivery model, making for both a cost- and time-effective implementation. The DTI/CHI system has been in production since March with additional CHI requirements continuing to be added to the system. Once fully implemented, the new system will be utilized to administer all of CHI's medical professional/general liability business.

Diane Abbett, Optima's CFO, noted, "Our previous standalone systems and manual processes were allowing us to get by, but when we doubled in size a few years ago, we knew it was time for a change. With our commitment to continue to deliver exemplary service to our policyholders, coupled with industry issues such as SOX looming on the horizon, it was time to automate our environment and better utilize technology. Not only did DTI offer a highly configurable system, but they worked with us as a true partner and a virtual extension to our organization."

Ms. Abbett continued, "With DTI's OASIS we see the opportunity for CHI to move light years ahead on the technology front. And, given DTI's ASP model, we are able to make the leap in a very short period of time with low risk. What DTI offers is really the best of all worlds - technology, proven solutions, and the combination of insurance and technology expertise."

DTI OASIS components to be implemented by CHI, include

--Policy Management

--Financial Management

--Claims Management

--Central Information System

--RAMS

--Incident Reporting System

--Reinsurance Management

Sam Fang, DTI's President, noted, "We are gratified that CHI has recognized the value of not just our OASIS suite, but also the value and dedication of the DTI team. We look forward to a long relationship with CHI as they continue to grow their business and derive more and more value from their OASIS solution."

About California Healthcare Insurance Company, Inc., A Risk Retention Group and Optima Healthcare Insurance Services Company

Optima Healthcare Insurance Services (Optima) is a subsidiary of California Healthcare Insurance Company, Inc., A Risk Retention Group (CHI). CHI was established in 1989 by the California Association of Hospitals & Health Systems in direct response to the increased pricing of professional and general malpractice for the health care industry. In 1997, CHI formed its' own management company, Optima, to manage the insurance company and to provide multi-line brokerage products and services to the health care industry.

Today, Optima resides in California, where it continues to provide ongoing management services to CHI and multi-line brokerage products. For more information on Optima Healthcare Insurance Services, visit the company's website at www.optimahealthcare.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.