Oracle Introduces Newest Version of Oracle(R) Insurance Insbridge Rating and Underwriting

    LAS VEGAS, Nov. 10 /PRNewswire-FirstCall/ -- ISOTECH 2008 Conference --

    News Facts
    -- The newest version of Oracle(R) Insurance Insbridge Rating and
       Underwriting (http://tinyurl.com/6ygjub) -- which now includes Oracle
       Insurance Rating Express (http://tinyurl.com/6g4sk9) -- is now
       available.
    -- The new release helps insurance companies meet growing requirements to
       accelerate product time-to-market by offering users new rating
       templates, automated template reconciliation and pre-built industry
       content via Oracle Insurance Rating Express.
    -- The new version of Oracle Insurance Insbridge continues Oracle's
       commitment to delivering complete, modern solutions that enable
       insurance companies to solve key business challenges and transform
       their enterprise.
    -- Oracle Insurance applications help insurance companies improve business
       agility through end-to-end software that manages the entire enterprise
       -- from technical infrastructure to core insurance processing.


    New Features Help to Accelerate Time-to-Market
    -- Flexible Insurance Services Office (ISO) loss costs templates,
       available via the new Oracle Insurance Rating Express feature, help
       facilitate compliance with corporate and industry standards, save weeks
       of development time, reduce the likelihood of rating errors and
       increase speed-to-market for new rate programs.
         -- Templates feature pre-loaded ISO content.
         -- Users can also create custom deviations from the pre-built
            template content and maintain those customizations as new template
            versions are updated.
    -- Oracle Insurance Insbridge's new automated rating template
       reconciliation helps eliminate time consuming manual processes,
       potentially saving hundreds of hours and avoiding weeks of delays in
       implementing new templates.  Accuracy of new template versions also is
       improved.
    -- Oracle Insurance Insbridge requires no programming, so business users
       can manage the applications themselves -- from updating tables to
       creating surcharges and discounts and more.


    Supporting Quotes
    -- "Oracle Insurance Insbridge Rating and Underwriting is a highly
       scalable, easy-to-use and accurate system that helps speed
       time-to-market for insurance products," said Rick Connors, senior vice
       president and general manager, Oracle Insurance.  "The addition of
       industry-specific templates, automated template reconciliation and
       pre-built industry content via Oracle Rating Express further
       demonstrates Oracle's commitment to developing and extending solutions
       that help insurance companies ensure compliance and gain operational
       efficiencies."


    Supporting Resources
    -- Oracle Insurance (http://tinyurl.com/5l5a73)
    -- Oracle Insurance Insbridge Rating and Underwriting
       (http://tinyurl.com/5klaqy)
    -- Oracle Insurance Rating Express (http://tinyurl.com/6g4sk9)
    -- Oracle Insurance Policy Express (http://tinyurl.com/5n8vb5)
    -- Oracle Insurance Library Express (http://tinyurl.com/6rq6zx)

About Oracle Insurance

Oracle Insurance provides modern, end-to-end software solutions to manage the entire insurance enterprise -- sales, service, administration, financials and infrastructure. Oracle Insurance best-in-breed applications include Oracle Application Integration Architecture Foundation Pack for Insurance (http://tinyurl.com/4urr9g), Oracle Documaker (http://tinyurl.com/5wve3u), Oracle Insurance Claims (http://tinyurl.com/6qdvat), Oracle Insurance Business Intelligence (http://tinyurl.com/6dtb5s), Oracle Insurance Insbridge Rating and Underwriting (http://tinyurl.com/5klaqy) and Oracle Insurance Policy Administration (http://tinyurl.com/56bbf3). For more information about Oracle Insurance, please visit http://www.oracle.com/insurance.

About Oracle

Oracle (NASDAQ: ORCL) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.

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