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Co-operators General Insurance Company of Barbados chooses Integrated Technology Solution from Tritech

March 9, 2010 Bridgetown, Barbados. Co-operators General Insurance Company of Barbados and Tritech Financial Systems Inc. of Toronto signed agreements this day for Tritech's GIMS, a leading-edge P&C solution.

Tritech's General Insurance Management System (GIMS) is a modular client-based solution that automates and streamlines all key functions of a P&C company, such as Policy underwriting, Billing, Claims management, Reinsurance, 3rd party interfaces, Agent Portals, Management reporting, Document issuance and Financial reporting. Designed for productivity gains and improved service, it offers flexibility in terms of servers and user interfaces, while providing ease of access through leading relational databases. GIMS is an Enterprise Solution that improves an insurer's ability to tightly integrate functions, lower expense ratios and implement a continually improving business workflow.

Co-operators General Insurance Company chose the Tritech solution over other vendors as this enabled them to implement a single Enterprise System supporting all lines of business, corporate functions and to better automate business processes. "This integrated solution provides an End to End solution with a higher level of automation of rules and work flow, thereby reducing costs and improving service" says Robert Symons, president of Tritech Financial Systems Inc.

"Tritech's partnerships with Microsoft, Oracle and HP help to provide a modern and cost effective solution to our clients," says Symons. "

Co-operators General Insurance Company sees the new technology as providing greater automation that will significantly improve our business workflow and planning. At the same time this will provide more opportunities for product expansion and reduce the time taken to bring new products on stream" says David Holder, Information Technology Manager of Co-operators General Insurance Company. The new integrated computer system will provide greater availability and access to information for agents, underwriters and adjusters as well as home office staff.

About Tritech Financial Systems Inc.

Tritech Financial Systems Inc. was established in 1992 to introduce modern Enterprise Systems for Property & Casualty insurers. Over the years, Tritech has built a highly qualified staff that merges expertise in insurance with the latest software technology. Tritech has a track record of always implementing our suite of solutions successfully and on budget. Tritech has served stock and mutual companies in the USA, Canada, Bermuda and the Caribbean. For more information, visit www.trifin.com.

About Co-operators General Insurance Company of Barbados

Co-operators General Insurance Company of Barbados was established in 1993 and is wholly owned by the local Credit Union Movement. Co-operators General Insurance Company provides Personal, Commercial and Liability products to clients in Barbados. For more information, visit www.coopgeneral.com.