Evolut1onThe flexible platform for insurance innovation

The pace of change is accelerating. Competing depends on continual innovation at a faster pace than ever before. But often insurers are held back by IT systems that cannot deliver the speed, functionality and acceptable risk profile they need to innovate with confidence.

What’s happening?Technology is transforming possibilities in the insurance industry, giving insurers more ways to innovate and differentiate their offering. Today, social and mobile technologies are re-shaping the insurance marketplace. With virtual reality, robotics and biosensor technologies nudging into the mainstream, it’s almost impossible to predict what tomorrow will look like.

The pace of change means immense opportunities for insurers to introduce new products and services: it should be easier than ever for them to challenge existing business models and drive new efficiencies.

However, many insurers find they are running to stand still. Legacy IT systems – and concerns about the technology-based risk – prevent them from exploring and realising emerging opportunities. Without a robust and flexible platform it’s difficult to move with the speed and confidence it takes to build market leadership.

Our joint responseCGI and 1insurer have come together to deliver an out-of-the-box technology solution that gives UK insurers the platform they need. Evolut1on is a unique service for policy underwriting and claims to simplify and de-risk change in a disruptive market.

Drawing on unrivalled combined strengths and deep industry experience, CGI and 1insurer provide everything insurers need to put the platform in place, from consulting expertise to adaptable, proven technology to dependable delivery. As a managed service, CGI and 1insurer continually update the platform to keep insurers one step ahead of technological and regulatory change.

Designed for agility, Evolut1on’s integration layer makes it fast and easy for insurers to add new product or service innovations and its flexible pricing model means insurers only pay for what they use. This technology and business model reduces the risks around innovation and means insurers can prototype, refine and expand their offering to meet fast-moving consumer expectations.

Evolut1on is built on robust Microsoft Azure cloud computing architecture to deliver the levels of reliability, speed and security demanded by critical business processes.

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The Benefits CGI and 1insurer can take care of the technology issues around insurance platforms, leaving insurers free to focus on strategic leadership and competitiveness.

• Out of the box with everything insurers need to carry out day-to-day policy underwriting and claims transactions.

• Agile de-risked platform built on the robust Microsoft Azure cloud computing technology.

• Flexible integration layer makes it fast and straightforward to add new products and services.

• Pay-as-you-go model aligns costs with usage and ensures insurers can start to benefit from Evolut1on without upfront investment in infrastructure.

• Modular so insurers can precisely match Evolut1on specifications to current and future business needs.

Our backgrounds Evolut1on combines the strengths of two global leaders – CGI and 1insurer - in a flexible and robust offering, built on Microsoft Azure cloud technology.

• CGI brings its decades of experience working with UK general insurers to successfully manage their IT, business and regulatory risk issues and deliver hosting, market intelligence, analytics and business process services. With over 68,000 professionals in 40 countries, CGI fosters local accountability for client success while bringing global delivery capabilities to clients’ front doors. Founded in 1976, CGI applies a disciplined delivery approach that has achieved an industry-leading track record of on-time, on-budget projects.

• 1insurer is a global provider of software-led solutions to insurers for more effective policy administration, claims management and analytics. The 1insurer Suite is operating in 8 of the top 10 global insurance markets across 4 continents. In every market, 1insurer’s technology empowers insurers to deliver better, faster results, making us the global partner of choice for locally delivered insurance solution.

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Founded in 1976, CGI is one of the largest IT and business process services providers in the world, delivering high-quality business consulting, systems integration and managed services. With a deep commitment to providing innovative services and solutions, CGI has an industry-leading track record of delivering 95% of projects on time and within budget, aligning our teams with clients’ business strategies to achieve top-to-bottom line results.

© 2016 CGI INC.

To find out how CGI and 1insurer can help you equip your business for innovation and success, contact Ian Bowen on ian.bowen@1insurer.com or Ramani Langley on ramani.langley@cgi.com

For more information please visit:

• www.cgi-group.co.uk/insurance • www.1insurer.com

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