Insurity has formed a partnership with EOX Vantage to help property and casualty (P&C) insurers improve operational efficiency and scale their businesses.
The arrangement brings together Insurity’s core software with EOX Vantage’s managed services and automation capabilities.
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Insurity, a portfolio company of GI Partners and TA Associates, serves insurance carriers, managing general agents (MGAs) and brokers.
Insurity system integrator alliance partnerships assistant vice-president Jeff Weiner said: “EOX Vantage’s experience supporting insurance operations and accelerating implementations complements Insurity’s policy, billing and claims offerings.
“Together, we can help insurers modernise faster and build a more agile, efficient and cost-effective operating model.”
Under the partnership, Insurity’s customers will gain access to implementation expertise, flexible managed services capacity and automation tools intended to support both front-line and back-office process redesign.
EOX Vantage’s Taruvi platform will underpin the collaboration, providing workflow, data exchange and integration capabilities across the insurance value chain to connect MGAs, brokers and carriers.
The partnership is expected to accelerate implementations and deliver scalable operational support across policy servicing, underwriting, billing and accounting, first notice of loss and claims intake.
It is also intended to provide long-term transformation support by combining core systems expertise with process redesign.
EOX Vantage has more than two decades of experience in insurance operations and employs a global workforce of 650 professionals.
EOX Vantage senior director Yuvaraj Selvaraj added: “EOX Vantage is excited to partner with Insurity to help insurers modernise not only their technology but also the day-to-day operations that support policyholders.
“By combining that expertise with Insurity’s cloud-based software, we can help carriers, MGAs and brokers launch products faster, streamline servicing and improve operating performance.”
