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Innovation Group (Farmington, Conn.), a global provider of software solutions to the P&C industry, has signed an agreement with Deloitte (New York) to expand on an existing relationship directed at providing implementation services to Innovation Group customers related the vendor’s Innovation Insurer core system suite. Innovation Group’s policy, claims and analytics solutions are available as an integrated software suite consisting of modules that can be implemented individually or together as part of a broader migration strategy.
“The replacement of legacy core systems—including policy administration, claims and billing—remains one of the most significant puzzles to solve in the insurance industry,” comments Jasmeet Gill, principal, Deloitte Consulting. “Legacy core systems can be one of the greatest barriers for insurers in designing products, as well as selling and servicing their policyholders. Through this agreement, we can jointly offer an attractive option to our regional insurance clients who are looking at transforming their business.”
“We are very excited to formalize this relationship,” comments Euan King, president, North America Software Business, Innovation Group. “This agreement will offer Innovation Group’s clients a cost-effective way to take advantage of top-notch core system implementation and integration services that Deloitte so skillfully provides.”
Jasmeet Gill, Principal, Deloitte Consulting.