EagleEye Analytics Enters Services Agreement with Georgia Farm Bureau Insurance

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Wed May 27, 2009 11:31am EDT

Georgia's Largest Domestic Property and Casualty Insurance Company to Use
EagleEye's Suite of Predictive Analytics Solutions and Services

COLUMBIA, S.C., May 27 /PRNewswire/ -- EagleEye Analytics, a provider of world
class predictive analytics solutions to the property and casualty insurance
industry, announced today that Georgia Farm Bureau Insurance has selected
EagleEye Analytics to be its provider of predictive analytics solutions under
a long term services agreement.

Georgia Farm Bureau Insurance will use EagleEye Analytics' Insight, a
web-based predictive analytics solution.  Insight uses advanced technologies
to identify risk characteristics that impact profitability in a fraction of
the time required by traditional market offerings. Insight enables insurers to
rapidly implement superior underwriting, pricing, and marketing strategies
that result in lower loss ratios and higher profitability.

"By partnering with EagleEye Analytics we've significantly enhanced our
analytical capabilities and productivity without having to add internal
resources.  Because Insight is deployed as a "Software as a Service" solution
we do not require any incremental investment in our IT infrastructure or
staffing," said Michael Cook, General Manager of Georgia Farm Bureau
Insurance.  "In addition to increasing our analytical prowess and speed to
action, EagleEye Analytics' solution also gives us a common platform from
which to dialogue regarding analytics and business performance throughout the
enterprise into such areas as pricing, underwriting, claims and marketing." 
Mr. Cook added that EagleEye Analytics' insurance industry knowledge,
responsiveness, and clear dedication to outstanding customer service were
important factors in the selection process. 

"We are deeply gratified by the confidence placed in us and are pleased having
Georgia Farm Bureau Insurance as a respected member of our client community. 
We have enjoyed our collaboration and look forward to a long lasting
relationship," said Terry R. Wade, president and chief executive officer of
EagleEye Analytics.

About Georgia Farm Bureau
Founded in 1959, Georgia Farm Bureau Insurance Companies, headquartered in
Macon, Ga., include the Georgia Farm Bureau Mutual Insurance Company and the
Georgia Farm Bureau Casualty Insurance Company. Georgia Farm Bureau is a
preferred risk writer of farm, home, auto and light commercial insurance.
http://www.gfb.org/

About EagleEye Analytics
EagleEye Analytics is an insurance solutions company that provides predictive
analytics and information services. EagleEye Analytics enables insurance
companies to achieve underwriting excellence and greater profitability by
optimizing risk selection and pricing.  EagleEye Analytics can be found at
www.eeanalytics.com

Contact: Brooke Carter at (803) 726-7202



SOURCE  EagleEye Analytics

Brooke Carter, EagleEye Analytics, +1-803-726-7202
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