Karen Clark & Company’s RiskRover™ Technology Selected by INTEGRAND to Streamline Field Inspections

Boston, MA – April 12, 2010

Karen Clark & Company, independent experts in catastrophe risk, catastrophe models, and catastrophe risk management, today announced that INTEGRAND Assurance Company has licensed its RiskRover™ mobile technology for automating loss control inspections. INTEGRAND will use RiskRover™ to collect detailed information on each commercial property it insures via handheld "smartphones."

Executives at INTEGRAND, a Puerto Rico-based insurance company, cited RiskRover™’s ability to seamlessly integrate detailed information collected in the field with internal databases as a key factor in their decision to license the product.

"It is a priority to provide our underwriters and decision makers with quick access to accurate information," said Victor J. Salgado Jr., President and CEO, INTEGRAND. "RiskRover™ allows us to improve the efficiency of our loss control process by capturing data and photographs electronically in the field, and having that information quickly linked directly into our proprietary data systems."

RiskRover™ integrates several processes performed by inspectors into a single handheld device. It records address information and GPS coordinates, collects detailed information about each location, and captures photographs. The information is instantly transmitted to an online database for immediate accessibility. Since all information is stored in a database format, RiskRover™ facilitates easy data extraction into catastrophe models, company pricing systems, and other analytical tools.

Recognizing that companies have unique information needs and different information systems, RiskRover™ is a highly flexible product that can be customized to individual client requirements. This flexibility was essential for INTEGRAND, allowing Karen Clark & Company consultants to tailor RiskRover™ to work with INTEGRAND’s sophisticated data system, which centralizes proprietary company information in a single location.

"We are delighted INTEGRAND has chosen RiskRover™ for its loss control program," commented Glen Daraskevich, Senior Vice President, Karen Clark & Company. "We are pleased to be working with innovative companies such as INTEGRAND to implement technology that not only brings productivity gains, but also enhances risk selection, pricing and catastrophe risk management."

About INTEGRAND

For over 35 years INTEGRAND has provided its Puerto Rico clients with innovative property and casualty insurance solutions. Since its inception, INTEGRAND has been backed by quality reinsurers and high solvency and received the highest financial condition ratings from A.M. Best. The company’s name embodies its core principles: integrity, professionalism, financial strength, service excellence and warmth.