Insurance Technology Featured Article

Zurich Insurance Group Partners with Pegasystems

December 27, 2012

A global leader in insurance coverage, Zurich Insurance Group has taken steps to strengthen itself in its field.

Among the moves that the company has decided to make is tapping Pegasystem’s software in order to beef up Zurich’s commercial underwriting processes. Pegasystems (News - Alert) is one of the most respected in this line of work, and one of the reasons the company has gained such a prominent role as the go to firm for jobs like this is the heady leadership the company has in place.

While underwriting processes are just some of the things Pegasystems can handle without a problem, the company has its fingers in a lot of different pies. Most recently, Pegasystems made news with the announcement that it would be offering upgraded ERP solutions, allowing work on SAP (News - Alert) applications along with new work automation and user experience features. 

Zurich, however, is far more focused on making sure the underwriting process the company has to go through will be simpler to understand for everyone.

"We aim to reduce the complexity of the work environment for our employees, which will result in us being able to better serve our customers," Sepp Ruchti, project leader, Business Transformation, Zurich Switzerland, said in a statement announcing the partnership with Pegasystems. "Automation of this kind will help us to become more efficient.”

The company’s commercial underwriting process is an intricate one that includes both the broker and an agent channel. The process also spans several different products including new business as well as returning businesses. 

Zurich says that by tailoring the way the system will be automated to better serve the employees, it’ll serve their very specific needs, while offering solutions they may not have known they needed.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO Miami 2013, Jan 29- Feb. 1 in Miami, Florida.  Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.




Edited by Braden Becker

Article comments powered by Disqus

Related Insurance Technology Articles

Independence Holding Company Platform Administers Health Products on Private and Public Exchanges

As those who live in the U.S. have become more than aware in the past few years the administration of health care exchanges, be they public or private, is an extremely difficult to do not just correctly but cost-effectively as well. News from Independence Holding Company is that IHC Health Solutions, Inc., which administers multiple health insurance lines of business for IHC's carriers and other insurance companies, has launched EbixEnterprise, a state-of-the-art system in conjunction with Ebix,… [ Read More ]
02/26/2015

PROS Cameleon CPQ Provides Insurer AG2R LA MONDIALE Greater Agility and Flexibility

PROS Cameleon CPQ enables French insurance group AG2R LA MONDIALE to expand its multi-channel sales capabilities. [ Read More ]
02/25/2015

Wheelings and Dealings: New JV Acquires Tindall Associates

In terms of the other joint venture partner, LOGiQ³, it has been a partner to msg global solutions since May 2013, and is well grounded in working with TAI as it has used the TAI system for its Reinsurance Administration outsourcing business over several years as a consulting and outsourcing services provider. [ Read More ]
02/23/2015

Black Book Foresees Rise in Payer-Funded Private HIEs

A new research study from Black Book Rankings, a research institution for the clinical technology industry, explores the current state of and future predictions for health information exchanges (HIEs). HIE adoption is still quite low, but there is a growing need for providers and payers to share health information and industry consolidation is expected to lead to a mass rejection of public, government-sponsored solutions in favor of private HIEs for enterprise-grade interoperability. Furthermore… [ Read More ]
02/18/2015

Events

Weekly Live Demo
Contact Center Solutions

Register Today!