The right systems, implementation partner, and internal ethos of teamwork help the carrier to efficiently reach key milestone in becoming a data company as much as an insurance company.
The Georgia-based insurer expects the implementation to boost customer experience and agent ease-of-doing-business, while streamlining policy processing and improve access to information.
In a deal that furthers Duck Creek Technologies’ medical professional liability customer base, the insurer will replace its core systems and customer experience tools.
Recommended by vendor Innovative Computer Systems, Marias will assist the FAIR Plan implementation team and provide QA, regression and user acceptance testing.
The multi-year initiative includes deploying Equisoft’s InsuranceElements and Oracle Insurance Policy Administration, as well as data migration from the insurer’s legacy platform.
The insurer plans to implement Guidewire’s PolicyCenter and Rating Management across all commercial lines of business in the 48 states where Federated operates.
In addition to providing business consulting, professional services and data conversion solutions, DXC will contribute its GraphTalk A.I.A software and data management platform.
Implementation of the solution was part of MASOV’s plan to implement the Guidewire InsuranceNow platform.
The firm’s Canadian Group Benefits division will use V3 as its administration solution as part of a broader transformation initiative.
The roughly $20 million cash transaction is designed to improve Sapiens’ competitive position and enable it to increase its market share in the North American insurance market.