Verisk seeks to strengthen its existing data and analytics solutions for the life and annuities market.
Initially expecting to replace only its claims system, the insurer decided to replace all its legacy corse systems with the fully integrated core suite.
McNealy’s appointment comes as phase two of the GloveBox app is under development and the vendor has secured multiple new insurance carrier clients.
The company will be deploying the products in an EY iNexus private cloud, with implementation, ongoing services, and support provided by EY.
The labor insurance innovator chose Majesco’s cloud-based solutions to serve as the foundation of its digital transformation and growth initiatives.
The multi-year engagement comprises legacy admin replacement, delivery of cloud services and a major data migration of National Western Life’s existing life and annuity policies.
The South Africa-based specialist risk manager will use Sapiens’ technology to transform its business and improve flexibility, speed of process and the customer experience.
The insurer has migrated all of its policies, decommissioned its legacy systems, and established a foundation for future digital developments.
Success in breaking down silo walls requires understanding the requirements of the project and implementing an integration strategy that best meets the unique needs of an insurer.
Following a brief note of support from outgoing CEO Marcus Ryu, Rosenbaum spoke about how cloud could help to address Guidewire’s clients’ priorities.