If Estonia Deploys Profit’s New Generation Claims Solution 

April 3, 2006, Helsinki (Finland) and Tallinn (Estonia)

If Estonia and Profit Software have signed a contract of new generation claims solution, based on Profit Property and Casualty product.

Profit Software will deliver a comprehensive Claims management solution to If’s subsidiary in Estonia. The solution is based on Profit's new-generation Property and Casualty solution that is a comprehensive insurance software package for managing the entire process chain of the property and casualty insurance business.

The claims solution encompasses claims processes for private, commercial, and personal lines as well as vehicle insurance. The delivery and on-site support is arranged by utilizing Profit’s strong local presence.

"We are delighted to support If’s business in the rapidly growing Estonian market and proud to be a part of innovative business development in the area of claims management. Their decision to go with our new generation solution is a strong statement of confidence in our Property and Casualty product and its future roadmap," stated Pekka Lemettinen, Executive Vice President of Profit Software.

As If Eesti Kindlustus is a subsidiary of international If P&C Insurance group. The company holds market leadership in Estonia with 39 % share of total premiums in P&C insurance business.

For further information:

Profit Software
Pekka Lemettinen
Executive Vice President, Marketing and Sales
Tel. +358 9 68173321

IF Estonia
Heinar Olak
Head Lawyer
Tel. +372 667 1175