The contract was won after a thorough and lengthy selection process that involved some of the major suppliers to the industry.
ULTIMA was chosen because of its functionality, flexibility, full Internet capability and the speed with which ULTIMA allows end users to quickly handle changes and deliver new products across many lines of business.
ULTIMA is aimed primarily at the high-volume General Insurance Market where it is currently supporting over 20 Lines of Business. These include products such as private car, household, healthcare and travel insurance.
Commenting on the new contract, Terry Bourne, Chairman of Total Systems said: This is a significant contract gain for Total Systems and was secured against stiff competition. The overall number of different products being written using ULTIMA is growing monthly. He added: It is also being widely used for writing many commercial lines. Its unique feature is Product Developer Plus (PD+), which allows Business Users to quickly adapt system functionality to meet their own market demands. It also allows them to introduce new products within remarkably short time scales.
The initial system at Dixons, destined for the UK and Republic of Ireland (followed by Pan European usage of ULTIMA) will comprise some 1,250 on-line users. It will process millions of historical warranty agreements and some 9.1 million current Coverplan Agreements. ULTIMA will sit on a SUN E10000 running UNIX.
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