With the addition of commercial package policy and farm lines, the regional P&C carrier has modernized its technology platform across all lines of business with the Guidewire solution.
The insurer will use the INSIS policy administration system as the foundation for its digital transformation program as part of the 10-year engagement.
In finding a solution to digitize scale rapidly growing business operations, the insurer was swayed by OneShield’s transformation acumen and platform ecosystem capabilities.
In addition to replacing the insurer’s legacy platform, the project encompassed data migration by Universal Conversion Technologies, an Equisoft subsidiary.
The U.K.-based mutual organization will deploy Majesco’s SaaS solutions, including Life AdminPlus, Life DistributionPlus, and Life IllustratePlus.
Existing Sapiens life & annuity client selects Sapiens IDITSuite for Property & Casualty to support increased demands from customers.
The vendor reports significant enhancements including over 200 new features, 1500 new capabilities and a simple upgrade process to accelerate insurers’ transformation.
The new version includes 100 new features and 700 new capabilities to accelerate insurers’ digital transformation efforts.
The cloud-hosted workers’ compensation core processing solution will increase the insurer’s operational flexibility and support the scaling of products on demand.
The enhanced suite enables instant claims payments, saving time for agents and insureds, and features rules-driven automation that identifies customers’ next best actions.