INSURANCE TECHNOLOGY

Mindtree and Duck Creek Partnered with UPC Insurance to Accelerate the Digital Transformation Initiative

Mindtree, UPC Insurance | April 27, 2021

Mindtree, a main advanced change, and innovation administration organization, has joined forces with Duck Creek to improve the client experience for UPC Insurance clients through the execution of SaaS-based center frameworks. This incorporates strategy, charging, claims, information bits of knowledge, and protection innovation arrangements just as the combination of various applications on a solitary coordinated stage, made conceivable with Duck Creek OnDemand, the supplier's SaaS answer for the property and loss (P&C) protection industry.

UPC Insurance is a chief forte guarantor of fiasco uncovered property protection in the seaside U.S. for individual and business properties. With uplifting client assumptions around quick and helpful preparing of cases, UPC Insurance has effectively modernized its IT frameworks so they can improve operational efficiencies and interaction claims surprisingly fast rather than hours.

"Our association with Mindtree and Duck Creek has prompted the dispatch of our most recent organization, Skyway Technologies. Skyway.com will offer Direct-to-Consumer individual lines property holders' items, taking into consideration a genuine multi-channel insight for UPC clients" said Chris Griffith, President of Skyway Technologies and CIO of UPC Insurance. "By speeding up our computerized change endeavors, with assistance from experienced accomplices like Mindtree and Duck Creek, we can adjust all the more rapidly and carry development to our clients along the coast."

Carefully empowered, UPC Insurance furnishes clients with the quicker admission of first notification of misfortune (FNOL), touchless cases taking care of, upgraded installment capacities including advanced installments, and improved client support on its self-administration channels. Furthermore, new item dispatches and item updates would now be able to occur in weeks versus months. Utilizing examination across the association, UPC Insurance can adopt a bit of a knowledge-driven strategy to advance client encounters, acquiring an upper hand.

"We cheer UPC Insurance for taking intense new activities to turn into the chief transporter of calamity protection in the U.S. what's more, modernizing its center frameworks to accomplish its computerized change destinations," said Venu Lambu, Executive Director and President, Global Markets, Mindtree. "Along with Duck Creek, we can guarantee on schedule, on-spending conveyance of arrangements – permitting UPC Insurance to send new items at the speed of business, and to give its clients an improved computerized insight."

"This computerized change addresses a critical advance forward for UPC, and is one more sign that evergreen SaaS advances are the new norm in P&C protection," said Matt Foster, COO of Duck Creek Technologies. "Duck Creek OnDemand will allow UPC to zero in on offering the new items and client encounters its policyholders expect – while our group offers every one of the types of assistance, backing, and figuring assets it needs to move forward in an undeniably aggressive commercial center. Along with Mindtree, we are glad to salute UPC on this significant achievement in its proceeded with development and achievement."

About Mindtree
Mindtree is a worldwide innovation counseling and administration organization, assisting endeavors with wedding scale with the nimbleness to accomplish the upper hand. "Conceived advanced," in 1999 and now a Larsen and Toubro Group Company, Mindtree applies its profound space information to 270 endeavor customer commitment to separate storehouses, figure out computerized intricacy and offer new activities for sale to the public quicker. We empower IT to move at the speed of business, utilizing arising advances and the efficiencies of Continuous Delivery to spike business development. Working in 24 nations across the world, we're reliably viewed as perhaps the best work environment, encapsulated each day by our triumphant culture comprised of more than 23,800 enterprising, community-oriented, and committed "Mindtree Minds."

About Duck Creek Technologies
Duck Creek Technologies is a main supplier of center framework answers for the P&C and General protection industry. By getting to Duck Creek OnDemand, the organization's venture Software-as-a-Service arrangement, protection transporters can explore vulnerability and catch market openings quicker than their rivals. Duck Creek's practically rich arrangements are accessible on an independent premise or as a full suite, and all are accessible utilizing Duck Creek OnDemand.

About UPC Insurance
Established in 1999, UPC Insurance is a protection holding organization that sources, composes, and benefits individual and business private property and loss protection strategies utilizing a gathering of completely possessed protection auxiliaries through an assortment of conveyance channels. The Company as of now composes approaches in Connecticut, Florida, Georgia, Louisiana, Massachusetts, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Texas. From its central command in St. Petersburg, UPC Insurance's group of devoted experts deals with a coordinated insurance agency, including deals, endorsing, client support, and claims

Spotlight

Co-Insurance. After paying the deductible, the insurance company shares the expenses with the insured; the shared cost is called co-insurance. With a co-insurance, the plan pays a percentage up to a specified threshold, if applicable for that plan.  Once the threshold is met, the insurance company would pay 100% up to the chosen policy maximum.

Spotlight

Co-Insurance. After paying the deductible, the insurance company shares the expenses with the insured; the shared cost is called co-insurance. With a co-insurance, the plan pays a percentage up to a specified threshold, if applicable for that plan.  Once the threshold is met, the insurance company would pay 100% up to the chosen policy maximum.

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