The insurer’s decision to move to Insurity’s cloud-based platform has yielded a 44 percent time improvement over the on-premise environment.
Policy Administration
SOMPO and Slice Collaborate on Asia’s First On-Demand Insurance Product
The joint travel insurance product TravelJoy, offered on the Slice ICS platform, will include life and medical, flight delay/cancellation, and baggage/belongings coverage.
Majesco Expands Digital1st Capabilities to Accelerate Insurer’s Transformation Efforts
Majesco describes Digital1st Insurance is a cloud-native, microservices-based digital experience platform with a low code/no code configurability and a robust API and partner ecosystem apps.
The Co-operators Selects Guidewire InsuranceSuite Cloud
Leading Canadian insurer to transition from on-premises deployment to Guidewire Cloud to increase business agility and deliver more value to policyholders.
Insurer IT Budgets Rising for 2020, Projects Focusing on Digital and Data
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.
Ease Adds Software Veteran DC Cashman to C-Suite
Cashman is tasked with spearheading the strategy, execution, and implementation of all revenue activity during a time of rapid growth.
Tower Insurance Deploys EIS Group’s Digital Insurance Platform
Tower was able to introduce new motor and home and contents products on EIS Group’s fully digital, cloud-based policy, billing and claims platform within 18 months.
Nationwide Selects Socotra to launch Spire Auto Insurance for Millennials
Nationwide built and deployed Spire in nine months, with Socotra as the core system upon which it runs its entire policy admin operation, from quote to claim.
Farmers of Salem Deploys the Finys Suite
The insurer has rolled out for homeowners on the platform to all its agents and will begin its commercial lines implementation in early 2020.
Post Office Insurance Debuts Second Line of Business on Duck Creek
Identifying new product agility as critical, the U.K. insurance brand is building on the 2017 launch of its travel insurance line on Duck Creek.