Mindtree and Duck Creek Collaborate with UPC Insurance on digital initiative
Mindtree, a digital transformation and technology services company, has partnered with Duck Creek, a provider of core system solutions to the P&C and general insurance industry, to improve customer experience for UPC Insurance customers through the implementation of SaaS-based core systems.
This includes policy, billing, claims, data insights, and insurance technology solutions as well as the consolidation of multiple applications on a single integrated platform, made possible with Duck Creek OnDemand, the provider’s SaaS solution for the property and casualty (P&C) insurance industry.
UPC Insurance is a specialty underwriter of catastrophe exposed property insurance in the coastal US for personal and commercial properties. With heightening customer expectations around fast and convenient processing of claims, UPC Insurance has modernised its IT systems so that they can improve operational efficiencies and process claims in minutes instead of hours.
Chris Griffith, president of Skyway Technologies and CIO of UPC Insurance, said: “Our partnership with Mindtree and Duck Creek has led to the launch of our latest company, Skyway Technologies. Skyway.com will offer direct-to-consumer personal lines homeowners’ products, allowing for a true multi-channel experience for UPC customers. By accelerating our digital transformation efforts, with help from experienced partners like Mindtree and Duck Creek, we are able to adapt more quickly and bring innovation to our customers along the coast.”
Digitally-enabled, UPC Insurance provides customers with faster intake of first notice of loss (FNOL), touchless claims handling, enhanced payment capabilities including digital payments, and improved customer service on its self-service channels. Additionally, new product launches and product updates can now happen in weeks vs. months. Leveraging analytics across the organization, UPC Insurance can take an insights-driven approach to optimizing customer experiences, gaining competitive advantage.
Venu Lambu, executive director and president, Global Markets, Mindtree, said: “We applaud UPC Insurance for taking bold new initiatives to become the premier carrier of catastrophe insurance in the US and modernising its core systems to achieve its digital transformation objectives. Together with Duck Creek, we are able to ensure on-time, on-budget delivery of solutions – allowing UPC Insurance to deploy new products at the speed of business, and to provide its customers with an improved digital experience.”
Matt Foster, COO of Duck Creek Technologies, said: “This digital transformation represents a significant step forward for UPC, and is yet another signal that evergreen SaaS technologies are the new standard in P&C insurance. Duck Creek OnDemand will let UPC focus on offering the new products and customer experiences its policyholders expect – while our team provides all the services, support, and computing resources it needs to forge ahead in an increasingly competitive marketplace. Together with Mindtree, we are proud to congratulate UPC on this important milestone in its continued growth and success.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze