OARBIC is delighted to announce the successful completion of Phase One of the HUON project for Ascentus Insurance.

Announcement of phase completion and summary of work undertaken.

OARBIC is delighted to announce the successful completion of Phase One of the HUON project for Ascentus Insurance. After Phase One (Ontario auto and property) was completed on schedule August 27, 2001, OARBIC consultants and Ascentus business representatives immediately began work on Phase Two. This phase involves the complete rollout of HUON systems to additional provinces and is expected to go live in stages ending in September 2002.

Were very pleased that Phase One of this project was completed with minimal disruption to our business," said Kent Cochrane, Director of Business Development for Ascentus Insurance. This demonstrates that the project was a well-orchestrated effort with comprehensive planning and outstanding individual and team execution."

Anthony Kumnick, President of OARBIC said the completion of Phase One is A great achievement by our team. Working in conjunction with Ascentus Insurance, we were able to ensure the completion of this time sensitive implementation on time and on budget ensuring the client was able to being processing business as planned."

Ascentus Insurance Ltd. is a Property and Casualty insurance company that provides personal home & automobile insurance products, as well as an extensive line of specialty products, to customers across Canada. The company is a member of the worldwide Royal & Sun Alliance Insurance Group plc.
For information, visit www.ascentusinsurance.ca or contact Kent Cochrane at (416) 815-010.

OARBIC was founded in April 2000 to provide a development base and Consulting Services to clients in the Property and Casualty Insurance sector. OARBIC resources globally capitalizing on the network of experienced professionals working for and connected with OARBIC. The team represents the core of competence focusing on P&C Insurance opportunities and consists of a number of IT consultants of Business and Systems experience with proven legacy systems expertise. When designing and developing solutions we strive for simplicity, maintainability, and functionality, taking our clients to the next level of effectiveness through technological efficiency. This enables cost to be kept to a minimum for future enhancements.

For information visit www.oarbic.com, or contact Amanda Widdowson at (416) 362-4743.