Great American Life Insurance Company and JourneyGuide have Announced a Strategic Partnership

Business Wire | October 16, 2020

Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced the general availability of the version 11 R2 for the market-leading Majesco L&A & Group Core Suite Insurance Software, including Majesco Policy for L&A and Group, Majesco Billing for L&A and Group and Majesco Claims for L&A and Group. Nearly every insurance company is talking about transforming their business, recognizing the significant need to improve, both operationally and innovatively, to change the course to enable growth. Today’s customers want personalized experiences, and products aligned to their personal data – not aggregate data, and they want a product to encompass the risk product, customer experience and value-added services. However, as today’s digital customer seeks innovative digital experiences, they are met with traditional insurance approaches, creating a disparity between customer expectations and insurer’s ability to deliver. But opportunities for growth abound for those that embrace new core platforms that meet the changing demands of customers as noted in our research Rethinking Life Insurance: From a Transaction to a Life, Health, Wealth and Wellness Customer Experience.

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INSURANCE TECHNOLOGY

Chubb, Revolut | January 20, 2021

Chubb has announced the launch of a new insurance partnership with Revolut, a financial technology company that provides digital banking services. The association program gives a wide scope of inclusion for Revolut's clients, including purchase protection, refund protection and ticket cancellation, where a Revolut account is utilized. The strategy additionally offers inclusion where a client has an affirmed analysis of COVID-19 and is hence incapable to utilize occasion tickets purchased utilizing their Revolut account. Chubb was chosen as the carrier because of its worldwide capacities and global footprint, along with its driving accident and health propositions and solid organizations skill. The program will be turned out across 22 nations. "We are delighted with our new digital partnership with Revolut. We strive to build long-term, successful relationships with our insurance partners that deliver value for the partner and their clients. For us Revolut is a good example of digital innovation that aligns with our own ambitions," said Florian Eisele, Director of Accident and Health, Continental Europe. "Our new partnership with Revolut marks a significant step for Chubb as we continue to drive relationships in the digital space. We are looking forward to working with the Revolut team to deliver valuable insurance solutions to their customers," said Goulven Thépot, Regional Head of Underwriting, Accident and Health, Continental Europe. "We're always looking to provide the best value possible to our customers and help them get more from their money. We're constantly improving our paid plans and are delighted to partner with Chubb to add purchase protection, refund protection and ticket cancellation for our customers," said Felix Jamestin, Head of Premium Product at Revolut. About Chubb Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange and is a component of the S&P 500 index. Chubb supports executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 33,000 people worldwide.

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INSURANCE TECHNOLOGY

Quility Insurance | February 25, 2022

Quility Insurance, a digital platform offering financial solutions through an online application or support from a licensed insurance agent, introduced Quigley, the brand's new live porcupine mascot who embodies the company mission of making life insurance less "prickly." Quigley, an adorable, 15-inch porcupine, has been preparing for his leading role in Quility's upcoming national brand campaign (available here) as life insurance has crept toward the forefront of consumer consciousness as a result of the pandemic. Still, only slightly more than half (55%) of consumers have talked with a loved one about life insurance policies since the onset of the pandemic, according to the latest ValuePenguin survey. "Quigley is going to help Quility reach consumers on a national scale and shatter misconceptions about life insurance in a way that industry has never seen, He's a fun-loving character who serves as a powerful metaphor for turning an otherwise 'prickly' conversation into something that consumers can enjoy." -Joe Dendy, Quility Insurance Chief Marketing Officer. The fact remains that many consumers are unsure how to begin the life insurance buying process, something Quigley hopes to change when his series of 30-second television spots air on cable and streaming services beginning on February 24. Outfitted in his signature collar and teal blue tie, Quigley aims to make the life insurance buying process simpler and more enjoyable than most consumers anticipate through Quility's 100% digital experience, with no medical exams and on-the-spot decision in minutes. Quigley will help educate consumers about the value of protecting their loved ones through an affordable and customized life insurance policy. Backed by thousands of licensed insurance agents nationwide and access to more than 80 insurance carriers, Quility provides clients with convenient access to expert advice and support, either online or with an agent. About Quility Insurance Quility uses innovative and proprietary technology to modernize the process of qualifying for and purchasing life insurance. The Quility digital platform offers clients the option to apply for life insurance online through a ten-minute application with the support of a licensed insurance agent.

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