Innoveo joins Pactera!

As some of you already know, we have joined the US/Chinese PacteraGroup since January 1, 2014. Innoveo Solutions will be renamed in Pactera Switzerland, our software product name remains "Innoveo Skye". The whole team remains in Zurich, Switzerland and will be empowered in the coming time. We are very happy to be able to join these 20’000 people company and to profit from Pactera’s Sales und big customers’ base! Our next coming months will be very exciting, also by entering the Asia Pacific markets. Also a very solid constellation for our existing customers.

Comme certains le savent déjà, nous avons décidé de rejoindre le Groupe sino-américain Pactera au 1er janvier 2014. Innoveo Solutions sera renommé Pactera Switzerland, le nom du logiciel reste "Innoveo Skye". Le team reste à Zürich et sera augmenté dans les prochains temps. Nous sommes très heureux de pouvoir nous joindre à ce groupe de plus de 20’000 employés et de profiter de la puissance de vente et des clients existants de Pactera! Les prochains mois s’annoncent plus qu’existants, tout comme les premières acquisitions en Asie. Cette constellation est aussi très intéressante pour nos clients existants.

Press Release English:

Press Release en français:

Insurance Distribution challenges

via Celent

Michel Michellod from Celent, an international strategy consultancy focused on the financial industry, has just posted a very interesting article which is very “aligned” with how we understand ourselves the current and coming insurance front-end challenges.

Some interesting strategic challenges highlighted in the post:

The direct channel requires an appropriate front end. […] This goal can be best achieved through the implementation of open and flexible front end systems facilitating interactions with potential customers, integrating modern communication tools for call center officers and allowing a high level of reactivity in terms of product, pricing and discount changes.

Communication with aggregators is key. […]  The second alternative consists in directing shoppers automatically onto the insurance online platform to perform the last step of the buying process (the effective purchase of the insurance product and its payment). This alternative requires an instantaneous transmission of customer and quote data by aggregators to insurers.

Insurers need to improve integration of affinity and bank channels. […] Insurers need to implement relevant portals allowing management and process of sophisticated insurance products.

Use brokers and agents in specific customer segments. […] I recommend insurers to implement sophisticated portals with rich functionality to provide point of differentiation.

Responding to multi-channel management. […] I believe insurers should prioritize sophisticated portals providing a single view of the customer based on service oriented architecture (SOA) with high level of automation.

As the insurance distribution landscape is changing fast and drastically, I expect this topic to be part of the European insurer’s top priorities in the coming years.

At Innoveo, we are exactly acting in this field and bringing a standard software product on the market – Innoveo Skye®– which allows insurance companies (life, non-life, health) to find an efficient, technology-proven and business-oriented answer to the different challenges raised by Celent.

Disclaimer: we were nominated by Celent as “Model Carrier” in 2007 for our effective usage of technology. See the report here.

Cross-posted on the Innoveo Blog