Who’s using what in P&C insurance: Oct. 7, 2019

News from Munich Re Automation Solutions Ltd., AXA XL, Altoona First Savings Bank and more.

“We had optimized our previous claims management system to its highest potential, and there wasn’t much more we could do to continue driving positive change or experience with that platform,” Sean Christie, chief information officer and vice president, Information Services, Gore Mutual, said in a statement. “We see ClaimCenter and Guidewire Cloud as core to our claims technology transformation, and we look forward to taking advantage of the scalability, agility, reliability, and security a cloud platform offers for the future.” (Credit: Sergey Nivens/Shutterstock)

Munich Re Automation Solutions Ltd., an InsurTech specialist and subsidiary of the Munich Re group, announced the successful implementation and go-live of its digital underwriting solution, ALLFINANZ, by Swedbank Försäkring. Swedbank is using ALLFINANZ to deliver auto underwriting capabilities, create cost and process efficiencies in its Swedish insurance business, and to improve its customers’ experience when applying for life insurance; it has also chosen the ALLFINANZ module for business insights and advanced analytics.

AXA XL and Accenture are partnering to offer global cybersecurity services to AXA XL’s underwriters, brokers and clients to strengthen their cyber capabilities to combat and recover from cyberattacks. AXA XL will tap into Accenture’s cybersecurity capabilities, including Accenture Security’s iDefense threat intelligence team, to help its clients gain a deeper understanding of their cyber risks and to provide them with actionable reports on cyber threats.

Altoona First Savings Bank selected Computer Services Inc. (CSI), a provider of end-to-end financial technology solutions, as its new managed services provider. The bank will rely on CSI to provide a robust suite of managed IT services to increase its operational efficiencies and strengthen its regulatory compliance initiatives related to cybersecurity and IT risk management.

Aon Programs, a division of Affinity Insurance Services Inc., the affinity business of Aon plc, selected IVANS Markets as a new way for brokers to access certain niche programs within existing agency management systems, IVANS, a division of Applied Systems, announced.

Gore Mutual Insurance Company has selected Guidewire Software Inc.’s Guidewire ClaimCenter, the Guidewire InsurancePlatform claims management application, as part of its claims technology transformation. ClaimCenter will be implemented and delivered as a Software-as-a-Service solution via Guidewire Cloud, which is powered by Amazon Web Services.

Related: Who’s using what in P&C insurance: Sept. 30, 2019

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