Grange Insurance Expands Deployment of MicroStrategy for Enterprise Reporting and Analysis

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Grange Insurance has expanded its deployment of MicroStrategy as its strategic enterprise reporting and analysis standard. Grange Insurance is a property and casualty ins

McLean, Va., (February 22, 2006) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Grange Insurance has expanded its deployment of MicroStrategy as its strategic enterprise reporting and analysis standard. Grange Insurance is a property and casualty insurer that offers home, auto, and business insurance and a full line of life insurance and financial products through wholly owned subsidiaries, Grange Life and The Grange Bank.

MicroStrategy’s integrated business intelligence platform supports a wide range of applications for Grange Insurance across its multiple insurance and financial products. Hundreds of Grange Insurance associates including territory managers, portfolio managers, and customer management personnel use MicroStrategy to analyze four terabytes of data to identify areas of improvement in product design, customer management, and to recognize cross- and up-sell opportunities. Grange Insurance users also rely on MicroStrategy’s web-based reports to assist them in increasing the profitability of each product, region, and agent.

“MicroStrategy gives us a comprehensive view of our business and enables us to better serve our customers and run our operations more efficiently,” said Tony Simpkins, Data Warehouse Project Manager at Grange Insurance. “Our diverse business generates volumes of data and MicroStrategy provides our associates with analytically-based and actionable insight to make more effective decisions that positively impact our bottom line.”

“We are delighted that Grange Insurance is achieving success with their business intelligence applications and expanding their relationship with MicroStrategy,” said Sanju Bansal, MicroStrategy’s COO. “MicroStrategy’s sophisticated capabilities, including its user-friendly Web interface, data scalability, and advanced analytics, are well-suited for companies like Grange Insurance that have business intelligence requirements that grow in complexity and size over time.”

About Grange Insurance
Grange Mutual Casualty Group, based in Columbus, Ohio, is a $1 billion insurance and financial services provider. Through its network of independent agents, Grange offers auto, home, life, business and farm insurance protection and banking services through Grange Insurance, Trustgard Insurance, Integrity Insurance and The Grange Bank. The company serves policyholders in Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Ohio, South Carolina, Tennessee, Virginia and Wisconsin. For more information, visit www.grangeinsurance.com

About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.

MicroStrategy, MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com

Source: MicroStrategy

Tags: