Building a Digital Platform for the Zurich Insurance Group

Zurich Insurance Group Ltd. is a Swiss insurance company, headquartered in Zürich, Switzerland. As of 2017, the group is the world's 91st largest public company according to Forbes' Global 2000s list.

Zurich is a global insurance company which is organised into three core business segments: General Insurance, Global Life and Farmers. Zurich employs almost 54,000 people serving customers in more than 170 countries and territories around the globe. The company is listed on the SIX Swiss Exchange. As of 2012, it had shareholders’ equity of $34.494 billion.

Client Profile
Zurich Insurance Group Ltd
Established:
1872
Client Since:
2017
Employees:
54,000
Industry:
Insurance

Project Background

Zurich required a digital platform for brokers in order to offer innovative insurance quotations and provide tailored financial advice and better customer support to its clients. Version 1 was tasked to build a UI platform that could handle large growing volumes of business and integrate with core systems to provide prompt action transaction processing as well as clients’ data management.

Working with Version 1 has allowed us to embrace new technology with new services and new ways of building relationships with Brokers and Consumer, Version 1 has helped us in adapting to an agile technology delivery process.
- Brona Kiernan,Head of IT (Life and Pensions), Zurich Insurance Ireland.
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Work Delivered

Version 1 assessed Zurich’s existing IT architecture and the Life Project requirements and recommended that a portal application would address these requirements most cost-effectively. Version 1 introduced an agile delivery process for the relevant journeys with cross-functional teams from both business and IT and created a modern, secure web portal providing the ability to access real-time information and transact securely from any device. Version 1 introduced a DevOps model for automation of infrastructure and application deployment to rapidly accelerate delivery.

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Real Differences, Delivered

  • Version 1 team an agile development methodology to help create a real-time, online life insurance quote and purchasing capability.
  • The new online portal has removed barriers between systems and simplified the customer journey for Brokers.
  • By shortening the online application process and connecting customers with its products more efficiently, Zurich has improved customer service and is looking to leverage these improvements to increase the success of its new insurance policies.
  • Version 1 experts in Digital Transformation delivered on the Angular Web application integrating into a Mulesoft integration layer on top of Zurich’s core underlying insurance systems.
  • As a result of this digital platform, Zurich’s brokers can now offer real-time life Insurance quotes to customers through brokers via the Portal Application.
  • This Life Insurance application allows Zurich to embrace new technology with new services and new ways of building relationships with Brokers and Consumers.

About Version 1

Version 1 proves that IT can make a real difference to our customers’ businesses. We are trusted by global brands to deliver IT services and solutions which drive customer success. Our 1300 strong team works closely with our technology partners to provide independent advice that helps our customers navigate the rapidly changing world of IT. 

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