As the result of a strategic focus on ensuring business continuity and system/data protection, Preferred Mutual was already prepared when New York State’s response to COVID-19 required businesses to send non-essential personnel home.
The vendor says the partnership with AWS will enable it to more effectively help its clients transform their market offerings.
OCC’s digital transformation included a new homepage, a new brand/logo, a new corporate design, a new tone of voice, an online calculator for insurance rates, the possibility to take out insurance online and also to manage contracts online.
Migration to cloud allows insurance and financial companies to focus on their core business and innovation during the good times, and weather the storms during major challenges, rather than investing in costly infrastructure and then spending hard-earned money on IT and application support.
With researchers discovering new information about COVID-19 and governments and companies around the world reacting to it, insurers’ DR/BC plans need to change constantly along with these updates.
The cloud-based solution will be a single, global document repository, involving the migration and archiving of documents and their associated data, from numerous legacy systems.
Mendix for Private Cloud and Mendix Dedicated Cloud deliver low-code platform capabilities with complete cloud portability and control.
The round, led by CapitalG, and joined by Goldman Sachs, and funds and accounts under management by subsidiaries of BlackRock, Inc., will be used to support further expansion.
As we move toward automation based on technology solutions, it seems like we run into these problems with software development and deployment on a regular basis, so it’s always good to view them as both a reminder and a warning.
The additions bring conversational AI, automated machine learning and integration with Citrix to the RPA vendor’s ‘Digital Workforce.’