Emerging Insurance Analytics Leader EagleEye Analytics Enters Services Agreement with Distinguished Programs Group, LLC

COLUMBIA, S.C., Feb. 13 /PRNewswire/ -- EagleEye Analytics, an insurance solutions company that provides predictive analytics and data information services, has entered a long term services agreement with Distinguished Programs Group, LLC.

Distinguished Programs Group will use EagleEye's Insight, a web-based predictive analytics solution that uses advanced technologies to identify insurance risk characteristics that relate to profitability. Insight enables insurers to implement improved underwriting, pricing, and marketing strategies that result in lower loss ratios and higher net gains from operations.

"As we continue to expand our real estate programs, we believe that it is critical for us to understand the key underwriting profit drivers for each class of business we target. Using EagleEye's Insight tool, we were able to quickly develop underwriting and pricing insights that have already been put into action. While these insights are always important to any underwriting business, they take on particular significance as the soft market progresses. We are very much looking forward to continuing to develop our relationship with EagleEye over the long term," said Jeremy Hitzig, chief executive officer of Distinguished Programs, an industry leader in real estate insurance program management.

Terry R. Wade, president and chief executive officer of EagleEye Analytics, said, "We are pleased and honored to add the Distinguished Programs Group to our client list. Distinguished Programs is a well respected leader in the insurance program management field and we look forward to working with its talented team of insurance experts to enhance their firm's growth and profitability."

About Distinguished Programs

Distinguished Programs provides a broad range of insurance products to the residential and commercial real estate industry, including: property, general liability, high-limits umbrella and directors and officers liability insurance through a nationwide network of independent agents and brokers. The firm has offices in New York, Ohio, Illinois, California, Colorado, and Rhode Island. Its operating units also include ReSource Pro, a back-office support and remote staffing operation in Quingdao, China, and Saranac Insurance Company, a reinsurer based in Barbados. For more information, visit www.distinguished.com

About EagleEye Analytics

EagleEye Analytics is an insurance solutions company that provides predictive analytics and data information services. EagleEye Analytics enables insurance companies to achieve underwriting excellence, improved growth, and greater profitability by optimizing their risk selection and pricing. For more information, visit www.eeanalytics.com

Contact: John G. Richards at (803) 758-2536 ext. 242