Insurance Times previously reported how Iotatech had partnered with CGI
Insurance software developer, Iotatech has secured its first insurer customer for its claims management platform.
Commercial and General (C&G) has signed up to the pay-per-use software, which utilises microservices, open API and artificial intelligence, for when it is ready to launch and be implemented at the end of March.
Iotatech has previously announced its partnership with consulting firm CGI.
Iotatech will, as part of the deal, provide the solution for all claims handling across the entirety of C&G’s product line, including car hire excess, private car excess, home excess and commercial vehicle excess.
Commercial & General’s chief executive Bradley Bandon-Cross said: “We are very pleased to sign with Iotatech.
“The technology is remarkable and meets our current and future business needs, and at last having a true SaaS provider in the marketplace is perfect for an ambitious and growing business like Commercial & General. It means we can be agile and upgrade continuously as we grow without any disruption.
“The speed and flexibility of the platform will give us a real competitive edge as it will enable us to launch new products quickly to market and tailor the customer experience for every claim.”
Iotatech had previously said that it hoped to announce its first customer before christmas.
But now it has finally been announced,
Iotatech chief revenue officer and co-founding director, Robert Thomson said they were looking forward to working with Commercial & General.
“They are an ideal client with ambitious growth plans and a clear go to market strategy,” he said.
“Following our recent announcements regarding our funding, Strategic Advisory Council and partnership with CGI, the deal with Commercial & General establishes Iotatech as a new and real alternative to the traditional and legacy solutions.”
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