Success Story
Property & Casualty Insurers
IT services with Property & Casualty (P/C) insurance specialization and with a focus on speed and productivity. For us P/C specialization is not just expertise on widely used applications, it is also a deep understanding of P/C insurance line of business products, actuarial models, underwriting rule sets, rating logic, filing, forms, agent concerns, customer concerns, bureau data, 3rd party data analytics and much more.
Similarly, we drive speed & productivity with teams of P/C experienced analysts, programmers & testers,who are application-aware, business process-aware and business activity-aware.
IT Services and Solution
designed for you.
(with ValueMomentum's services we've...) achieved impressive results, we’ve reduced the volume of forms by 28%. Additionally, we expect annual savings of 70,000 business user hours once form data fill, system-generated submission and centralized printing is complete.Marcus Knuth, Vice President, Enterprise Technology
Acuity
Challenges & Opportunity
Some people see obstacles.
As a P/C insurer, it’s a disruptive time for you. Whether it’s swiftly changing user expectations, emerging digital ecosystems or InsureTech competition, you’re not only encountering rapidly evolving business threats but also facing a tight employment market for attracting the right technology talent.
But you see opportunity.
Fortunately, there’s now more technology options for addressing disruptions than ever before. Insurers now have access to AI-driven cloud platforms, microservices-based architectures, thin apps, intuitive business user tools, and more, to become a modern digital insurer capable of responding quickly to competitive opportunities and threats.
Why ValueMomentum?
We’re passionate about assisting P/C firms like yours thrive in today’s digital economy. From helping you achieve your digital transformation to assisting you with maximizing returns from your investments in your core systems modernizations, we’ve a proven track record for exceeding expectations.
With our extensive industry expertise and array of technology accelerators, we apply the right resources to address your needs while simultaneously helping you build a team that’s equally passionate about keeping your infrastructure flexible, scalable and sustainable for years to come.
Focused on delivering value to Insurance Carriers to drive momentum to their initiatives.
Our professional services help deliver value to your projects, bring programs to successful fruition, save costs and provide access to specialized resources enabling your teams to focus on what’s most important for them – driving business momentum.
Resources for P&C Insurers
- Learn how Erie’s Commercial Account Quote and Application System project achieved a 50% reduction in time to market and an average 98.61% time savings in quote/bind processes