HP covers Insurance Providers

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

HP covers Insurance Providers

HP has announced enhancements to its life, health and annuity policy administration systems, enabling insurance providers to improve agility, mitigate risk and accelerate delivery of new products.

The insurance industry continues to evolve and expand as a result of dynamic customer and regulatory demands. Rigid legacy infrastructures can hamper an enterprise's ability to keep pace with these demands, and to deliver always-on service to customers, partners and employees.

HP has enhanced the RADIENCE Administration and INGENIUM systems to support the critical role agility plays in today's Instant-On Enterprise. In an age of "instant" expectations, businesses and governments need to have the ability to respond quickly and effectively to changing business and citizen needs.

"Insurance providers are seeking competitive advantage both in mature markets and in new, developing markets. HP offers the hardware, software and services needed to create that competitive advantage by fostering innovation and accelerating responsiveness in this 24/7 world," said Marshal Correia, Director, Enterprise Services, HP India.

HP RADIENCE Administration has the enhanced functionality and design capabilities of which enable insurers to introduce unique products to the market while reducing implementation time frames, costs and overall project risks, whereas HP INGENIUM is a high-performance, web-enabled global life, health and annuity policy administration system that enables insurance companies to reduce the risk of systems implementation.

Therefore, HP RADIENCE and INGENIUM are available worldwide.


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