DFA Capital Management Targets Insurance Industry with Software Solutions and Services

DFA Capital Management Inc. announces a full range of value-driven financial management services and solutions for the insurance industry. Founded in 1999 and initially funded by Zurich Insurance, DFA Capital Management will offer advisory services and software solutions for all aspects of financial management for the insurance industry, including reinsurance, risk management, asset and liability management, and capital management.

Based on a proprietary dynamic financial analysis methodology developed through years of experience in the industry, DFA Capital Management will help insurers to accurately mitigate risk, improve capital management, price underwriting risk and realize significant savings on reinsurance premiums through its software solution and consulting services.

"We have the experience, the knowledge and the technology to truly make a difference for any enterprise in the property and casualty insurance industry," said Markus Rohrbasser, president and co-founder of DFA Capital Management."We understand the problems that insurance carriers face in today's radically changed insurance market, and more importantly, we have the expertise and the solutions to help them solve those problems."

The company was founded and is managed by several former Zurich executives, including Rohrbasser, a former executive board member of Zurich, and Mark Borwick, a former senior vice president of Zurich Financial Services, now a senior principal with the new company. "DFA Capital Management started as a project at Zurich to improve financial management within the company," Rohrbasser explained.

"Recognizing the tremendous challenges to build a comprehensive financial management solution, we knew we had to be completely focused and would best function as an autonomous entity," explained Rohrbasser. Though independent from Zurich, the global insurance giant continues to work with DFA Capital Management.

Since its inception, DFA Capital Management has focused on refining its dynamic financial analysis methods and on developing its Dynamic Financial Management (DFMsm) solution, a technologically advanced insurance modeling and simulation system. After two years of development and several highly successful tests, DFM is offering DFMSM as a next-generation financial management solution.

"DFA Capital Management has assembled a fantastic team of professionals who have combined their experiences in financial management, insurance and technology to provide a service that no other software consultant offers," said John McCartney, CFO of Zurich North America Business Division and former CEO of Empire Fire and Marine Insurance Companies, an early user of the solution. "Empire's team has enjoyed working with DFA Capital Management and we look forward to expanding the relationship at Zurich North America," added McCartney.

Zurich North America Business Division has a highly diversified business portfolio covering the broad spectrum of commercial insurance. With an estimated premium volume of $12 billion for the year 2002, Zurich North America is one of the largest players in this sector of the property and casualty market.

Though initially targeted to the property and casualty insurance industry, DFA Capital Management is confident that its solution is applicable in other segments, and has initiated efforts to develop additional versions for other vertical markets.

"The need for a technologically advanced solution in the insurance industry is obvious," said Chuck Johnston, vice president and director of insurance information strategies for META Group. "A comprehensive, software-based model will enable financial organizations to apply analysis and projections to their data in order to use capital more effectively and reduce the risk of strategic decision making."

In addition to its DFMSM software solution, DFA Capital Management also offers a full range of consulting services designed to help insurance providers improve their financial decision-making, streamline all aspects of their operations and improve productivity throughout the enterprise.

By addressing key issues that confront the insurance industry today, DFA services and solutions will dramatically improve financial management for an insurer and help maximize productivity, streamline workflow and standardize processes across the entire enterprise.

"We expect global insurance to continue to be a volatile and uncertain marketplace," Rohrbasser continued. "With our expertise and our solutions, insurers can diligently manage the uncertainty and can conduct business with an unprecedented degree of transparency and confidence."

About DFA Capital Management Inc.

DFA Capital Management Inc. is the market leader in dynamic financial analysis software for the insurance and financial services industries. DFA’s software-based financial and risk management system is a foundation for competitive advantage for any insurance company with multiple business lines, reinsurance activities, rapidly changing business portfolios, and significant premium volumes.

Founded in 1999, DFA Capital Management Inc. is headquartered in Purchase, N.Y., with offices in Germany and Switzerland.

For media inquiries, contact:

Kathleen Sheridan
Stanton Crenshaw Communications
Tel: +1 212.780.1900
ksheridan@stantoncrenshaw.com

Karen Verelley
Vice President, Marketing
DFA Capital Management
Tel: +1 914.701.7238
Cell: +1 203.856.7273
karen.verelley@dfa.com