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Insurity Demonstrates Cloud Leadership in Insurance Technology by Surpassing 200 Implementations

October 1, 2018

HARTFORD, Conn.--(BUSINESS WIRE)--Oct 1, 2018--Insurity, Inc., a provider of a leading insurance platform that includes policy, billing and claims solutions, data analytics and digital enablement, has surpassed 200 cloud implementations for P/C insurers ranging from Top 20 to small or regional mono-line insurance carriers. Cloud installations today now represent more than 50% of insurance core systems deployments, a growing trend that has been initiated and capitalized on by the company.

“We recognize that the insurance industry is constantly evolving to meet the demands of an ever-shifting business environment,” said Chris Giglio, CEO of Insurity. “We’ve grown organically and through acquisition, and believe this streamlined approach leaves us better positioned to create technology that truly simplifies the insurance marketplace.”

The Insurity platform enables insurers to rapidly deploy and easily extend applications, resulting in more accurate decision making to meet strategic business goals. Its cloud-architected nature, adaptive and intuitive user interface, and modular solutions are accessible through APIs from the most sources in the insurance industry. The company’s solutions can be deployed out-of-the-box, or configured to meet the unique needs of each of its clients.

“Cloud deployment and insurance platforms are enabling insurance carriers to be more agile, improving customer experiences while increasing the value that carriers can offer,” said Karen Furtado, Partner at Strategy Meets Action. “Insurity’s approach mirrors the demands of the market, and enables its customers to be more flexible in their offerings to policyholders.”

In addition to surpassing the milestone, the company has completed a strategic realignment that will bring clarity to the markets they serve, as well as how Insurity products are being integrated to provide seamless digital enablement. The Insurity name represents a singular mission to offer technology that simplifies the insurance experience and creates a unified approach across the company’s solutions in underwriting, claims, policy admin, regulatory updates and analytics.

“With our ONExperience approach, we can focus on creating speed to value, engaging with industry expertise and being a cloud technology leader,” said Michele Shepard, CRO of Insurity. “Whether policy and claims solutions, data and analytics or digital enablement, Insurity has one purpose, and it is to offer insurance technology that allows our clients to meet their goals while offering a simplified experience.”

New Insurity solutions include:

Insurity Policy Solutions (Includes Billing, Reporting & SmartTools)

Policy Decisions Bridge Specialty Workers’ CompXPress

Insurity Claims Solutions

Claims Decisions ClaimsXPress

Insurity Integrated Suites (Includes Billing, Reporting & SmartTools)

Decisions Suite & DecisionsXPress Suite Bridge Specialty Suite & BridgeXPress Suite Workers’ CompXPress Suite Oceanwide Marine Suite

Insurity Data & Analytics Solutions

DataHouse DataHouseXPress Valen Analytics InsureRight Platform Valen Data Consortium

Supported by the Insurity Platform:

Insurity Digital Enablement

Digital Services Platform DigitalXPerience Studio

We invite you to see why more than 250 leading insurers rely on Insurity to help them succeed in a rapidly changing marketplace, visit www.insurity.com

About Insurity

Insurity, Inc. offers innovative and flexible insurance technology that allows clients to meet their business goals and offer a simplified experience. With the market’s most advanced cloud operations, Insurity’s platform offers scalable, highly secure and reliable solutions that increase speed to value. Insurity’s solutions and deep understanding of the insurance business address the needs of all carriers – from the Top 20 insurers to small or regional commercial, personal, or specialty lines writers, as well as MGAs. For more information, visit www.insurity.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20181001005216/en/

CONTACT: Fusion PR on behalf of Insurity

Ross Blume, (310) 481-1431

ross.blume@fusionpr.com

KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE PROFESSIONAL SERVICES CONSULTING FINANCE INSURANCE

SOURCE: Insurity, Inc.

Copyright Business Wire 2018.

PUB: 10/01/2018 09:00 AM/DISC: 10/01/2018 09:01 AM

http://www.businesswire.com/news/home/20181001005216/en

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