USF&G Insurance Corp. Standardizes on Sybase Technology for Enterprise Client/Server Information Systems

Strategic Insights -

USF&G Corporation, a full-service property and casualty insurance company with $14 billion in assets, has announced its decision to standardize on Sybase technology for its company-wide enterprise client/server information systems. This deal, worth over $2.3 million, includes the purchase of Sybase SQL Server 10, Replication Server, and OmniSQL Gateway. USF&G aims to improve its agility by reducing the cost of computing on a cost/unit basis over time and expects quantifiable return-on-investment (ROI) by the third year of the four-year installation project.

Key Takeaways:

  • USF&G Corporation, a Fortune 500 firm, has standardized on Sybase technology for its enterprise client/server information systems, with a deal worth over $2.3 million.
  • The agreement includes the purchase of Sybase SQL Server 10, Replication Server, and OmniSQL Gateway, with the goal of reducing computing costs and improving agility.
  • USF&G aims to achieve quantifiable return-on-investment (ROI) by the third year of the four-year installation project, which began in 1995.
  • The company's Information Service Department, led by CIO Tom Lewis, operates on a budget of approximately $100 million each year and employs 600 people.
  • USF&G plans to move its policy processing systems entirely off its mainframe systems to client/server systems, with the Sybase client/server system storing all policy pricing data.
  • The data currently managed by USF&G amounts to 1.5 terabytes of information and is expected to grow by 15-20% each year.

Statistics:

  • $14 billion: USF&G's total assets.
  • $2.3 million: The value of the Sybase software deal.
  • 4: The number of years of the installation project.
  • 1995: The year in which USF&G rolled out five production databases running on Sybase.
  • $100 million: The annual budget of the USF&G Information Service Department.
  • 600: The number of people employed by the USF&G Information Service Department.
  • 15-20%: The expected annual growth rate of the data managed by USF&G.
  • 1.5 terabytes: The amount of information managed by USF&G.

Sources:

  • USF&G press release, May 30, 1995
  • Sybase press release, May 30, 1995
  • Information contained within the original text.