Triangle Insurance Company Selects Delphi Technology's OASIS Workers' Compensation Suite

Business Wire, Nov 27, 2007

dti's Workers' Compensation expertise key to Triangle decision

BOSTON -- Delphi Technology, Inc. (dti), an established provider of technology solutions to the property and casualty insurance market, today announced that Oklahoma-based Triangle Insurance Company has selected dti's OASIS Workers' Compensation suite of products for policy processing, claims management and billing. Provided through an ASP-delivery model, the implementation of Triangle's solution is currently underway with production planned for December, in time for 2008 renewals.

The OASIS solution will be used to manage Triangle's Workers' Compensation business, currently outsourced to a third party. The implementation will include the development of a bi-directional data feed between dti's OASIS and Specialty Risk Services (Triangle's claims TPA) to enable the automation of coverage checking and collection of combined loss experience data.

Bret Wilson, Manager of Compliance and Information with Triangle, said, "We found dti's OASIS solution to be an ideal fit for our Workers' Compensation business, but what was really attractive to us was the dti staff's experience with Workers' Compensation insurance processing. We look to dti as not just a software provider, but also as a consultant and partner as we implement the OASIS system and roll out new Workers' Comp processes and procedures."

Sam Fang, dti's President, noted, "We thank Triangle for selecting our solution and appreciate their recognition of the skills and knowledge of the dti staff. As a company, we have had a focused effort to expand our presence in the Workers' Compensation market, so this win is particularly gratifying. We look forward to a successful implementation and helping Triangle derive maximum value from their OASIS system."

About Triangle Insurance Company

Triangle Insurance Company is one of only a few cooperatively owned insurance companies in the world. A subsidiary of Triangle Cooperative Service Company (TCSC), a regional agri-business service provider, Triangle Insurance Company was formed in 1992. The company was born out of need from the local cooperative members of TCSC. An insurance company whose target market is agri-business and petroleum marketers and whose time and effort is spent entirely on helping their clients succeed, is indeed a rare commodity. The entrance of the insurance company into the regions in which it operates has helped all agri-businesses by introducing a competitive environment to the specialized market of agri-business insurance. Triangle Insurance Company's senior management team has an average of 25 years experience in agri-business and insurance. The specialized staff and middle management is also highly experienced and dedicated to the agri-business and petroleum marketplace.

For more information, visit the company's web site at www.trianglecompanies.com.

About Delphi Technology, Inc.

Since 1989, Delphi Technology, Inc. (dti), a leading provider of technology solutions to the insurance & risk management industries, has leveraged its extensive industry knowledge and experience to deliver a comprehensive range of technology solutions to property and casualty insurers, 3rd party administrators (TPAs), self-insureds, and risk retention groups. dti provides proven software applications to run core insurance operations including underwriting, billing, policy administration, claims management, financial management, risk assessment, and reinsurance enabling companies to optimize their business processes and respond to changing business needs resulting in reduced costs, increased operational efficiency, and improved business intelligence.

dti's professional services staff of 150 technical and insurance experts utilize a proven implementation methodology ensuring the transfer of necessary market and business expertise throughout the deployment process.

Product lines include:

* OASIS Professional Liability

* OASIS Claims Management

* OASIS Reinsurance

* OASIS Risk Management

* OASIS Workers' Compensation

dti is headquartered in Boston, MA, with sales, support & development offices throughout North America as well as in Shanghai, China.

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