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News : Accenture Implements New Core Insurance IT System for Zurich Insurance
Zurich and Bogota, Colombia March, 2016 -- Accenture (NYSE: ACN) recently completed building and implementing a new core insurance information technology system for Zurich Insurance Group (Zurich), marking the insurer’s entrance into the property and casualty (P&C) business in Colombia as part of its strategy for expansion in Latin America.
Accenture implemented the new system, based on TIA Technology’s core insurance solution, which supports underwriting, policy administration and claims management for the insurer’s P&C personal and commercial lines and is integrated with Zurich’s regional IT systems.
"Entering into the Colombian insurance market is an important component of Zurich’s expansion strategy into Latin America," said Victoria Bejarano, CEO of Zurich’s Colombia operation. "Accenture has been a great partner in helping us implement this strategy, delivering results on time and in full compliance with regulatory demands, so that we can quickly meet the needs of local insurance consumers."
Accenture provided implementation and support services to Zurich through its local facilities in Brazil and Colombia, as well as through its Global Delivery Network using a center in Pune, India.
Posted by Laura Collins, Editorial Management
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Accenture is a global management consulting, technology services and outsourcing company. Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills, and technologies to help clients improve their performance.
Zurich Financial Services is an insurance-based financial services provider with a global network that focuses its activities on its key markets in North America and Europe. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. Through its offices in more than 50 countries, 62,000 Zurich employees serve clients in more than 120 countries.
Published: Wednesday, March 30, 2016