Administration system for the state information system RIHA

Vitech Wins Two XCelent Awards for Group/Voluntary Life Insurance Policy Administration for the Third Consecutive Time

Retrieved on: 
Thursday, July 20, 2023
Insurance, Support, Organization, Retirement, Gerald Celente, Administration system for the state information system RIHA, Vitech Corporation, Nursing, Management

NEW YORK, July 20, 2023 /PRNewswire/ -- Vitech Systems Group announced today that it has received two XCelent awards from Celent in its recently published report: Policy Administration Systems: North American Group/Voluntary Life Insurance Edition.

Key Points: 
  • NEW YORK, July 20, 2023 /PRNewswire/ -- Vitech Systems Group announced today that it has received two XCelent awards from Celent in its recently published report: Policy Administration Systems: North American Group/Voluntary Life Insurance Edition.
  • This marks the third time in a row that Vitech has received both the XCelent Advanced Technology and XCelent Customer Base and Support awards.
  • Vitech was also recognized as a Technology Standout among the 14 North American group and voluntary insurance administration systems ranked in Celent's Technical Capability Matrix.
  • V3locity® is a cloud-native administration solution that helps insurance, retirement, and investment organizations achieve their transformation, modernization, and growth objectives.

LocalTapiola Life Expands Relationship with Sapiens to Transform its Core Life Insurance Systems

Retrieved on: 
Thursday, July 13, 2023
Insurance, Data management, Maintenance, Software as a service, Partnership, LT, SPNS, Sapiens, Common Open Policy Service, TASE, Policy, Ecosystem, Sapiens International Corporation, Administration system for the state information system RIHA, Retirement, Cloud, Life, Pension

HOLON, Israel, July 13, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that LocalTapiola Life (LT), Finland's fourth-largest life insurer, has chosen to expand its partnership and will include Sapiens Cloud Services for a ten-year period. This underscores Sapiens' earlier agreement to implement LT's core system transformation by replacing its current eight separate Policy Administration Systems with Sapiens CoreSuite for Life and Pensions.

Key Points: 
  • This underscores Sapiens' earlier agreement to implement LT's core system transformation by replacing its current eight separate Policy Administration Systems with Sapiens CoreSuite for Life and Pensions .
  • Sapiens was selected for its proven experience in complex insurance ecosystem integrations, providing an end-to-end, cloud-first, digitally enhanced platform for individual and group products, across Life, Wealth and Retirement.
  • Sapiens CoreSuite for Life and Pensions will empower LT Life with a wide range of fully embedded data management and analytics capabilities.
  • "LocalTapiola Life has been Sapiens' very first implementation in Finland," said Roni Al-Dor, Sapiens President & CEO.

LocalTapiola Life Expands Relationship with Sapiens to Transform its Core Life Insurance Systems

Retrieved on: 
Thursday, July 13, 2023
Insurance, Data management, Maintenance, Software as a service, Partnership, LT, SPNS, Sapiens, Common Open Policy Service, TASE, Policy, Ecosystem, Sapiens International Corporation, Administration system for the state information system RIHA, Retirement, Cloud, Life, Pension

HOLON, Israel, July 13, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that LocalTapiola Life (LT), Finland's fourth-largest life insurer, has chosen to expand its partnership and will include Sapiens Cloud Services for a ten-year period. This underscores Sapiens' earlier agreement to implement LT's core system transformation by replacing its current eight separate Policy Administration Systems with Sapiens CoreSuite for Life and Pensions.

Key Points: 
  • This underscores Sapiens' earlier agreement to implement LT's core system transformation by replacing its current eight separate Policy Administration Systems with Sapiens CoreSuite for Life and Pensions .
  • Sapiens was selected for its proven experience in complex insurance ecosystem integrations, providing an end-to-end, cloud-first, digitally enhanced platform for individual and group products, across Life, Wealth and Retirement.
  • Sapiens CoreSuite for Life and Pensions will empower LT Life with a wide range of fully embedded data management and analytics capabilities.
  • "LocalTapiola Life has been Sapiens' very first implementation in Finland," said Roni Al-Dor, Sapiens President & CEO.

Zywave's Digital Distribution Suite Earns "Luminary" Status for Insurer Stand-Alone Rating Engine in New Celent Report

Retrieved on: 
Thursday, May 11, 2023
Insurance, Function, Policy, API, Advanced technology, Risk, Algorithm, Luminary, Administration system for the state information system RIHA, Cryptocurrency, Risk management, Zywave, Research, Gerald Celente

MILWAUKEE, May 11, 2023 /PRNewswire/ -- Leading insurtech provider, Zywave, announced today that its Digital Distribution Suite – powered by ClarionDoor has been recognized as a "Luminary" in Celent's Insurer Stand-Alone Rating Engines – Global Edition 2023 report. Notably, Zywave's rating solution ranked among the leading raters of the 18 vendors in the report, which evaluated solution providers on 15 criteria under the categories of Primary and Technical Functionality.

Key Points: 
  • Utilizing Zywave's Digital Distribution Suite, insurers are empowered to competitively price their rates in evolving market conditions, confidently cover enhanced risk through intelligent pricing, and optimize channels for distributing rates to market.
  • The solution allows insurers to quickly configure rating and efficiently release products to distribution networks.
  • The Digital Distribution Suite has allowed many insurers the ability to quickly launch and scale products that better fit the needs of policyholders.
  • "Zywave's Digital Distribution Suite was one of only two named Luminaries in the report, which is our highest designation," said Karlyn Carnahan, Head of Insurance for Celent.

Guidewire Earns Three Celent XCelent Awards and ‘Luminary’ Distinction for Policy Administration in North America

Retrieved on: 
Wednesday, March 29, 2023
Professional Services, Data Management, Technology, Insurance, Software, Internet, Every Boy's Library (Boy Scouts of America Edition), If P&C Insurance, Prince Sultan Advanced Technology Research Institute, Policy, Risk assessment, P&C, Customer base, Advanced technology, Administration system for the state information system RIHA, NYSE, Support, Risk management, Guy-wire, Function

Guidewire (NYSE: GWRE) announced that PolicyCenter has been selected as a winner of all three XCelent Awards in Celent’s 2023 Policy Administration Systems: P&C Insurance; North America Edition report.

Key Points: 
  • Guidewire (NYSE: GWRE) announced that PolicyCenter has been selected as a winner of all three XCelent Awards in Celent’s 2023 Policy Administration Systems: P&C Insurance; North America Edition report.
  • PolicyCenter was distinguished as a top solution out of 19 policy administration systems that qualified based on inclusion criteria in the Advanced Technology, Breadth of Functionality, and Customer Base and Support categories.
  • “PolicyCenter continues to be a leading policy administration system,” said Donald Light, Director, North America Property/Casualty Insurance Practice, Celent and coauthor of the report.
  • “It is an honor to once again have the power of our products and strong customer successes recognized by Celent,” said Brian Desmond, Chief Marketing Officer, Guidewire.

Duck Creek Earns Three XCelent Awards from Celent

Retrieved on: 
Wednesday, March 22, 2023
Software as a service, Product strategy, If P&C Insurance, Policy, P&C, Microsoft, Customer base, Advanced technology, Ecosystem, Administration system for the state information system RIHA, Gerald Celente, Support, Technical, Risk management, Azure

Celent is a leading global research and advisory firm focused on technology, and the report provides an overview of the policy administration systems available for property and casualty insurance carriers.

Key Points: 
  • Celent is a leading global research and advisory firm focused on technology, and the report provides an overview of the policy administration systems available for property and casualty insurance carriers.
  • Duck Creek’s positioning is an outcome of its continuous investment in modernizing and scaling its cloud-based SaaS (software-as-a-service) solution.
  • Duck Creek Policy offers insurers full policy lifecycle solutions with features and functions that are deployable within Microsoft Azure .
  • Duck Creek Policy offers insurers a full set of features and functions, deployable in Azure, with a growing ecosystem of solutions and implementation partners.”

Majesco P&C Policy Receives Top Recognition as a Luminary in Celent’s “Policy Administration Systems Vendors: North American P&C Insurance, 2023 Edition” Report

Retrieved on: 
Tuesday, February 28, 2023
Professional Services, Data Management, Technology, Other Technology, Insurance, Software, Cloud, Ecosystem, Software as a service, P&C, Policy, Ridesharing, Organization, Research, Architecture, Luminary, Catalog, API, Administration system for the state information system RIHA, Length, Agility, Risk management, Management, Gerald Celente, Majesco Entertainment

The report profiled 42 policy administration systems with an overview of their functionality, customer bases, lines of business supported, technology, implementation, pricing, and support.

Key Points: 
  • The report profiled 42 policy administration systems with an overview of their functionality, customer bases, lines of business supported, technology, implementation, pricing, and support.
  • “Majesco continues its market leadership position with their recognition as a Luminary in the Technical Capability Matrix for Majesco Policy for P&C,” said Karlyn Carnahan, Head of Insurance, North America at Celent.
  • “The Luminary Award recognizes those solutions which excel at both Advanced Technology and Breadth of Functionality.
  • “We are thrilled to once again receive the prestigious Luminary recognition from Celent,” said Adam Elster, CEO at Majesco.

NFP Appoints Pamela Derksen as Deputy Chief Compliance Officer in Canada

Retrieved on: 
Tuesday, August 2, 2022
Goal, Derksen, Investment, University, View, Insurance, Fellow, Business, Legislation, Industry, Chartered Insurance Institute, Commercial, Solution, Insurance Institute of Canada, Spradley, Administration system for the state information system RIHA, Retirement, Multimedia, Personal, NFP, McMaster University, Economics, Economical Insurance, Management

TORONTO, Aug. 2, 2022 /PRNewswire/ -- NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement advisor, today announced the hiring of Pamela Derksen as deputy chief compliance officer for NFP in Canada. In this role, Derksen will develop corporate policies and procedures and represent NFP to Canadian regulators. Derksen will report to NFP's Suzanne Spradley, senior vice president, chief compliance officer, associate general counsel.

Key Points: 
  • TORONTO, Aug. 2, 2022 /PRNewswire/ -- NFP , a leading property and casualty broker, benefits consultant, wealth manager and retirement advisor, today announced the hiring of Pamela Derksen as deputy chief compliance officer for NFP in Canada.
  • Derksen will report to NFP's Suzanne Spradley, senior vice president, chief compliance officer, associate general counsel.
  • "I'm excited to welcome Pam to NFP and our growing team in Canada," said Spradley.
  • Derksen joins NFP from Cowan Insurance Group, where she served as vice president, brokering and insurance relationships, Personal and Commercial.

Digital Twin Consortium Signs Agreement with the University of Melbourne

Retrieved on: 
Monday, July 18, 2022
Research, University, Poverty, Authority, Natural Resources, Object Management Group, Knowledge, Time, Architecture, GLOBE, Program, Adoption, Vocabulary, 3D, VR, Infrastructure, Industry, AR, Capacity building, University of Melbourne, Digital twin, Data, 2D, SDI, Administration system for the state information system RIHA, Spatial data infrastructure, Government, Center, Workforce, Awareness, 3D printing

Under the agreement, Digital Twin Consortium and the university will identify joint projects and training programs and will explore grants and other forms of funding and collaboration opportunities with the Digital Twin Consortium Australia and New Zealand Regional Branch.

Key Points: 
  • Under the agreement, Digital Twin Consortium and the university will identify joint projects and training programs and will explore grants and other forms of funding and collaboration opportunities with the Digital Twin Consortium Australia and New Zealand Regional Branch.
  • We are delighted to share our knowledge and capabilities and contribute to the Digital Twin Consortium in their mission towards creating consistency and interoperability of digital twin technology, said Professor Abbas Rajabifard, Director of CSDILA, The University of Melbourne.
  • "This agreement facilitates our collaboration with Digital Twin Consortium on developing research and development cases and training sessions for capacity building and awareness of digital twin use cases across governments and industries, said Dr. Soheil Sabri, Co-chair of Academia and Research Working Group, Digital Twin Consortium and Digital Delivery Lead, Digital Twin at CSDILA, The University of Melbourne.
  • Digital Twin Consortium is The Authority in Digital Twin.

University of Tennessee System Upgrades Finance and HR Tech with Oracle Fusion Cloud Applications

Retrieved on: 
Tuesday, April 26, 2022
Cloud, HR, Accenture, University of Tennessee system, Faculty, MySQL, UT System, DASH, HCM, UT, Education, University of Tennessee, Efficiency, Review, Romney Institute of Public Service and Ethics, Student, Oracle Fusion Applications, SAP, Public service, IRIS, Java, Administration system for the state information system RIHA, Oak Ridge National Laboratory, Oracle Corporation, NYSE, UT–Battelle, Multimedia, Partnership, University, ERP, View, Institute, Software, Management, Oracle, Agriculture

AUSTIN, Texas, April 26, 2022 /PRNewswire/ -- The University of Tennessee (UT) System has selected Oracle Fusion Cloud Applications to unite its system-wide finance and HR operations on a single, cloud-based platform. With Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Human Capital Management (HCM), the campuses and institutes within the UT System will be able to automate processes and better use data to make more informed decisions.

Key Points: 
  • AUSTIN, Texas, April 26, 2022 /PRNewswire/ -- The University of Tennessee (UT) System has selected Oracle Fusion Cloud Applications to unite its system-wide finance and HR operations on a single, cloud-based platform.
  • With Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Human Capital Management (HCM) ,the campuses and institutes within the UT System will be able to automate processes and better use data to make more informed decisions.
  • The UT System also selected Accenture as its strategic partner for the migration to Oracle Fusion Cloud Applications.
  • "With Oracle Fusion Applications, the University of Tennessee System will be able to centralize and simplify finance and HR processes to keep its operations nimble," said Rajan Krishnan, group vice president of product development, Oracle.