Business Services Industry

Delphi Technology's OASIS Claims Recognized in Celent's Core Claims Systems Vendors 2008 Report

Business Wire, Feb 10, 2009

Report shows OASIS Claims users give the system and dti high marks

BOSTON -- Delphi Technology, Inc. (dti), an established provider of technology solutions to the property and casualty insurance market, announced today that industry analyst firm Celent has recognized dti's OASIS Claims solution in their Core Claims Systems Vendors 2008 report. The Celent report evaluated vendor claims systems based on: advanced technology, breadth of functionality, customer base and depth of customer service.

The report included a brief history of the dti claims solution, first released in 1994 as a medical malpractice claim solution. In recent years dti has broadened the lines of business covered to include workers' compensation, legal professional liability and other professional liability lines. The most recent version of OASIS Claims, 2008.2, was released in May 2008.

Donald Light, senior analyst with Celent's insurance group and author of the report, commented, "With a strong foundation in the medical professional liability sector, dti has been working to broaden OASIS Claims' product coverage. It has made a good start with five insurers using it for workers' compensation."

The report also highlighted the overall positive customer references for dti's OASIS Claims, including:

* features and functions rated as very good to excellent;

* implementation experiences were rated very good to excellent;

* one reference called dti knowledgeable and very responsive; and

* another praised OASIS Claims' integration with other OASIS components.

Delphi Technology's President Sam Fang notes, "We are pleased with the recognition for our OASIS Claims solution in the Celent report. dti has been hard at work to leverage our success in the medical malpractice space to expand our market presence into other lines of business, including legal professional liability and workers' compensation."

Fang continued, "We were especially happy to hear the positive dti customer feedback noted in the Celent report. The dti team strives to work closely with our customers to help them achieve their business goals. We also solicit their input to help us to continue to enhance our product and service offerings. We thank them for their continued support and for the strong showing for dti in the Celent report."

About Celent's Core Claims Systems Vendors 2008 Report

Celent provides a detailed look at 21 core claims systems offered by 19 vendors. The report features Celent's ABCD Vendor View. The ABCD Vendor View presents a comparative view of the vendor marketplace that visually represents four elements: Advanced technology and technical flexibility, Breadth of functionality, Customer base, and Depth of client services and solutions. The report also describes how replacing a legacy claim system with a modern one provides benefits that align with three key corporate strategies: growth, efficiency, and underwriting success. For more information about the report, please contact info@celent.com or visit www.celent.com

About Delphi Technology, Inc.

Delphi Technology, Inc. (dti), a leading provider of technology solutions to the insurance and 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 Medical Professional Liability

* OASIS Professional Liability

* OASIS Claims Management

* OASIS Reinsurance

* OASIS Risk Management

* OASIS Workers' Compensation

dti is headquartered in Boston, MA, with sales, support and 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.

COPYRIGHT 2009 Business Wire
COPYRIGHT 2009 Gale, Cengage Learning
 

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