Knowledgeprice.com and Ninety's IT solution for Zurich Insurance receives the prestigious British Insurance Times Tech & Innovation Award
Knowledgeprice.com has developed a solution for Switzerland's largest insurer and receives British Insurance Times Tech& Innovation Award.
- (1888PressRelease) October 07, 2016 - Information technology (IT) company Knowledgeprice.com, known for outsourcing services to foreign financial and insurance companies, in partnership with Ninety, the agile digital transformation specialist in the UK, has developed a solution for Switzerland's largest insurer Zurich Insurance that has given it the treasured first-place win in the "Best Use of Technology to Improve Customer Experience" category at one of the most prominent insurance sector award ceremonies held in Britain.
The Insurance Times Tech & Innovation Awards event took place in the evening of 22 September, with a welcome dinner in Kensington. The prestigious award ceremony is an annual celebration by insurance companies and their IT partners to look back on common challenges in the ever-growing digital industry and the ever-evolving insurance sector.
The solution that Knowledgeprice.com and Ninety has developed powers a unified corporate system that replaces former bureaucracy by establishing a joint information database that contains customer policies, claims information, financial statements, contact details etc. Zurich Insurance, Ninety and Knowledgeprice.com partnered to deliver a working system to customers within just 70 business days for the same budget as had previously been allocated to requirements definition, creating a web/mobile portal that provides a single view of customers' insurance portfolios. Their accomplishment was acclaimed by the jury.
Gatis Kaleinis, SIA Knowledgeprice.com Member of the Board and Director at Ninety, remarks that a win at this scale has come as a great surprise: "We are very honoured by the praise we have received - not only from the client, but also at an award ceremony of this magnitude - which clearly solidifies our market presence and allows us to take on some of the larger competitors in our sector."
Dan White, Senior Partner for Insurance at Ninety, praised Zurich Insurance for the role that they played: "Insurance is typically a careful, risk-averse industry, and Zurich deserve huge credit for parking the traditional waterfall approach and letting us deploy our quick-fire, accelerated test & learn methodology on this project. It has yielded results, and we are delighted for them as a business and for the project team in particular."
Development of the solution, which used Knowledgeprice.com's Athena toolset, involved the insurer's target customers and internal users, acting together as a project team. Thanks to their collaboration, the end result is a product that caters to customer needs rather than corporate ambitions.
About Knowledgeprice.com
The company, established in 2008, delivers progressive IT solutions for the finance and insurance sector. Thanks to its internationally recognized professionalism, great standards and experience in the field, Knowledgeprice.com, with its team of 50 specialists, is able to offer the highest level of software development, maintenance, acquisitions, third-party vendor software implementation and bespoke products.
About Ninety
Ninety is an agile digital transformation specialist, working across sectors, but with a particular emphasis on insurance. The company provides digital transformation leadership and advisory input to brands such as Allianz, Axa, RSA and Zurich, and facilitates a joined-up digital transformation delivery process through its strategic partnership with Knowledgeprice.com. Ninety is a social enterprise, and gives 90% of its distributable profits to global social causes.
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