Zurich Insurance expands its collaboration with Insurity in the US, utilizing cloud-based policy administration for efficiency and compliance. The partnership includes integration of Policy Decisions with Circ Bureau Managed Services, supporting various insurance types for over 30 years. Zurich has reported improved operational performance and scalability since moving to the Insurity Cloud in 2023.
Insurity’s technology aids Zurich in managing regulated insurance products, ensuring accuracy and compliance. The partnership emphasizes innovation, data-driven policy management, and cloud-powered performance to enhance Zurich’s competitiveness in the market. Zurich North America’s chief information officer praises Insurity’s support in maintaining efficiency, compliance, and reliability in the highly regulated insurance market.
Zurich North America introduces a new insurance structure, Fronted Master Builders Risk, to support large-scale construction projects with over $80bn in insurable values. The collaboration with Insurity strengthens Zurich’s policy administration capabilities, emphasizing scalability, automation, and agile product development in a competitive market.
Read more at Yahoo Finance: Zurich Insurance expands cloud partnership with Insurity in US
