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Insurity teams with EOX Vantage to speed insurer modernization

Insurity linked its core P&C platform to EOX Vantage’s automation tools, targeting the handoffs and rekeying that slow insurer modernization.

Nina Kowalski··2 min read
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Insurity teams with EOX Vantage to speed insurer modernization
Source: s.yimg.com

Insurity paired its cloud-based property and casualty software with EOX Vantage’s operations and workflow automation on June 3, in a move aimed at helping carriers, MGAs and brokers modernize without getting trapped in the usual implementation drag.

The pitch is more than a software tie-up. Insurity said the combination is meant to speed time to value, improve service delivery and support growth by cutting the manual work that still clogs many modernization programs, from policy servicing and underwriting to billing and accounting, first notice of loss and claims intake. For insurers trying to replace or extend legacy systems, the value proposition is not just a fresher core platform, but a way to connect that platform to the operational work needed to make it pay off.

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EOX Vantage is bringing scale and insurance process depth to that equation. The company said it has more than 20 years of insurance operations experience and a global team of 650 professionals, a mix that Insurity said can support both the technology side and the execution side of modernization. EOX Vantage’s Taruvi platform is part of the package, with a focus on streamlining workflows, data exchange and integrations across the insurance value chain.

That interoperability angle is the heart of the announcement. Insurity said the arrangement is intended to make implementations faster and more cost-efficient, while also improving the flow of work between MGAs, brokers and carriers. In practice, that means fewer handoffs, less manual rekeying and fewer places where a project can stall after go-live. EOX Vantage also said its offerings include outsourcing, software, seamless integrations, automation and managed services, reinforcing that this is as much an operations play as a technology one.

Jeff Weiner, AVP, System Integrator Alliance Partnerships at Insurity, said the arrangement gives customers a powerful combination of modern technology and operational execution. That framing fits squarely with Insurity’s broader partner strategy: the company said earlier this year that its ecosystem includes more than 200 partners spanning system integrators, technology firms, and insurance content and service partners.

For carriers wary of multiyear core replacement projects, the message is clear. The modern insurer does not have to choose between a cloud platform and the people and process support needed to make it work. Insurity and EOX Vantage are selling both, with the operational plumbing placed at the center of the modernization story.

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