HARTFORD, CT (April 21, 2015) – Insurity, Inc., a provider of core insurance processing software and services, today announced that Zurich Insurance Group (Zurich) has chosen to expand its implementation of Insurity’s Policy Decisions. With a relationship that spans more than 20 years, Zurich’s expansion decision demonstrates its continued ability to leverage Insurity’s technology, functionality, and experience to meet its business challenges into additional areas of its operations.
The expanded use of Policy Decisions beyond its currently implemented lines of business, includes the migration of Zurich’s Unicover Business Insurance to the Insurity policy administration platform. The Unicover package offers businesses a single policy comprised of a combination of coverages tailored to the specific needs of each customer. Unicover represents $350M in business with coverages that include: Auto Inventory, Property, Commercial Auto, Crime, Garage Liability, Garage Keepers, and Commercial Umbrella.
Upon completion of the migration of the Unicover business, Zurich will be able to retire the Unicover legacy platform and benefit from a common Policy Decisions system, providing a streamlined and efficient operation while reducing IT support requirements and related operational costs.
Lani Cathey, Senior Vice President for Insurity noted, “We are excited about the evolution of our relationship with Zurich over the past 20 years. We appreciate the continued trust in our capabilities to support Zurich’s business and technology needs that enable their business growth.”
Insurity, Inc. enables property & casualty insurers to modernize their enterprise and achieve their business goals. Insurity’s core processing applications and data integration and analysis solutions are backed by rich insurance expertise and are in production with over 100 insurers, processing billions of dollars of premium each month. Insurity’s solutions address the needs of all carriers – from 15 of the Top 20 insurers to small or regional commercial, personal, or specialty lines writers, as well as MGAs. For more information about Insurity, call 860-616-7721 or visit www.insurity.com. Connect with Insurity on Twitter, LinkedIn and Facebook.