The partnership combines Insurity’s cloud-based insurance platform with ITS’s consulting and implementation services, with the companies targeting the challenges insurers face when moving from technology selection to deployment.
Under the partnership, Insurity customers will have access to ITS services covering advisory support, implementation planning, programme and project management, business analysis, forms design and development, testing, data migration and end-user training.
The companies said the combined offering is intended to help insurers manage implementation complexity, improve delivery and reduce risk during technology transformation programmes.
ITS brings more than 35 years of experience in the insurance sector and has supported carriers with system implementations. Its approach focuses on execution, collaboration and measurable outcomes, according to the companies.
Insurity said its technology is used by 22 of the top 25 P&C carriers and seven of the top 10 MGAs in the US. The company has completed more than 400 cloud-based deployments and provides technology, industry expertise and analytics capabilities to support insurers with core system modernisation, operational efficiency and policyholder experience.
Insurity is a portfolio company of GI Partners and TA Associates.
Insurance Technology Services is a P&C insurance consulting and technology services firm serving insurers across North America. The company works with insurance organisations on system implementations through a team of insurance professionals, agile delivery methods and implementation approaches.
Insurity AVP, system integrator alliance partnerships Jeff Weiner said, “Modernisation programs succeed when customers have the right combination of technology and execution support. ITS brings decades of meaningful insurance experience, disciplined delivery, and a strong reputation for helping insurers manage complex implementation work. Together, we can help customers reduce risk, accelerate execution, and improve the return on their transformation investments.”
Insurance Technology Services president Chris Belle said, “Insurers need partners that can connect strategic technology decisions with the day-to-day realities of delivery. Working with Insurity allows us to pair a modern insurance platform with consulting, implementation, data migration, testing, and advisory support so customers can move forward with more confidence and create value faster.”
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