MphasiS, an IT services provider, and Decision ResearchCorporation (DRC), a provider of rating and policy administrationsolutions for the property/casualty insurance industry, announced ajoint marketing agreement to offer clients access to theirrespective technology and service offerings.

Under the terms of the agreement, the companies will co-marketDRC's DecisionMaker Suite, a comprehensive policy administrationsolution, with MphasiS' implementation services, allowing carriersto better manage their core technology systems and provideextensive options for long term support.

DRC's DecisionMaker Suite is a modular, fully integratedend-to-end solution, comprising quote, policy, rating, billing, andclaims which enable clients to acquire and manage large volumes ofinsurance policies on one central platform. The suite is already in use at a number of insurers for personal,commercial, and specialty lines.

The alliance will enable co-marketing of MphasiS' and DRC'sproducts and services to new customers and markets and willinitially focus on the expansion of each other's client base.

"As part of MphasiS' continued growth, we recently restructuredto be more vertically aligned and focus more effectively oncustomer needs," says Ganesh Pai, senior vice president and head ofinsurance and mature geographies at MphasiS. "We're extremelyexcited about this partnership with DRC, as it enables us to growour presence within the insurance industry and offer a morecomprehensive range of pre-built, configurable solutions for ourclients. Combining the breadth and depth of MphasiS' insuranceexpertise with DRC's product suite will allow us to deliverfunctionally rich solutions. As insurers are increasingly lookingat replacing or transforming their existing core systems, we'reconfident our partnership will provide a compelling joint valueproposition to our customers."

"With the improved global economic outlook and the heightenedinterest in DRC's product offerings from existing and new customersin the US and abroad, this is a perfect time for DRC to strengthenits existing alliance with one of the world's leading applications,BPO and outsourcing providers," says Karen Yamamoto, president ofDRC. "In addition to being able to offer MphasiS' P&Cclient base with DRC's proven technology solutions, we see thisalliance as a win-win for the P&C Insurance market as a whole.Together, we are investing to bring better solutions, bettertechnology and more cost effective solutions to this market."