The insurer will upgrade its investment operations and accounting processes for enhanced functionality, operational efficiency, data transparency and business insights.
The former VMware executive has joined the vendor’s leadership team to drive global growth and industry expansion.
The facility houses a staff dedicated to running the Duck Creek OnDemand Operations Center, the primary services and support hub for Duck Creek’s software-as-a-service offerings.
It remains to be seen what the destiny of InsurTech will be over the long run, but it seems more likely to be a permanent adjunct to the insurance industry and its vendor ecosystem than a passing fad.
Though IT outsourcing allows insurers to effectively staff transformational initiatives, it’s no panacea—and it comes with its own set of unique challenges.
The insurer’s legacy replacement and modernization initiative lays the groundwork for significant expansion in the non-standard personal auto insurance market.
The insurance technology vendor expanded its relationship with AWS because of its portfolio of cloud services, advanced technologies, security and qualities of ingenuity, reliability, and agility.
Ventiv ELM, which can be integrated with Ventiv Claims, is designed to give legal departments total and immediate visibility into every aspect of a legal matter.
Digitization of commerce begins with the customer experience, but in an industry with intermediated sales, distribution partners are among an insurer’s most important customers. The sales transaction is not only a natural place to undertake innovation, but insurers can take advantage of consumer and agent appetite for new capabilities to advance their competitive position. Cloud Read More »
Opting for cloud implementation will enable OKFB Insurance to adapt quickly to changing market demands and enhance customer service.