The insurer’s decision to move to Insurity’s cloud-based platform has yielded a 44 percent time improvement over the on-premise environment.
Updates to Foundation versions of both products reflect Hyland’s continued adoption of the most modern technologies to offer leading-edge solutions and user experiences.
Some of the innovation areas that have enjoyed the most discussion in the insurance industry are slow in being adopted by the consumers, and in turn by insurers on an operational level.
Leading Canadian insurer to transition from on-premises deployment to Guidewire Cloud to increase business agility and deliver more value to policyholders.
Novarica’s Matthew Josefowicz remarks on some of the greatest changes that have taken place in insurance IT since the year 2000.
The firm will phase out the Esurance brand during 2020 and redirect funding to drive increased policyholder engagement and create greater customer value.
Novarica’s recent study shows overall IT spending ratios inching upward as insurers invest in greater speed-to-market, ease of doing business, and improved digital and data/analytics capabilities.
The move to the SaaS model will deliver content, speed and scalability for the organization’s commercial lines operation, including umbrella, commercial property and general liability.
Old Mutual will work with AWS’s professional services organization, to migrate over 1,000 applications to AWS, shutting down its data centers by early 2022.
The no-code, end-to-end enterprise software vendor will use the funds to drive expansion into new geographic and vertical markets and grow its engineering team.