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EIS Group, a core and digital platform provider for insurers, has announced a partnership with EPAM Systems, Inc. (Newtown, Pa.), a global provider of digital platform engineering and software development services, to help insurers accelerate digital transformation initiatives in the U.K.
“We’re excited to announce our partnership with EPAM in the U.K.,” comments Olivier Vaysse, Head of EMEA, EIS Group. “EPAM’s wealth of experience in engineering and software implementation and services will be of high value and quality to our mutual customers. This stands alongside exceptional digital design and delivery competencies that will be critical as insurance companies try to adapt to the changing needs of the consumer who is looking for more personalized offers and experiences.”
The collaboration between the two companies will help insurers to address changing consumer demand while allowing them to grow their business, an EIS Group statement says. EIS’ cloud-native coretech platform uses open APIs to rapidly create and deploy new and innovative products and services. EPAM’s world-class engineering pedigree, proven delivery and implementation methodology and in-depth industry knowledge will allow insurers to respond to the changing demands of the modern customer in an innovative and agile way, the EIS Group statement says.
Helping Insurers Bring New Products and Services to Market
“The insurance sector is currently facing disruption from many angles—changing consumer needs, inflexible legacy IT infrastructures, increasing competition by Insurtech and an evolving regulatory landscape,” comments Balazs Fejes, Co-Head of Global Business, EPAM. “To ensure they thrive, insurance companies across the U.K. must continue to evolve their business. For this reason, we’re excited to partner with EIS Group in delivering digital solutions to help insurers bring new services and products to market quickly, without introducing additional risk, and allow them to stand out from the competition. We look forward to working with them both now and in the future.”