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04 03 2013 04480 963X150px

Charles Taylor InsureTech opens LatAm Centre of Excellence

Charles Taylor InsureTech opens LatAm Centre of Excellence

01 December 2016

Charles Taylor InsureTech is opening a Centre of Excellence in Mexico to offer insurance technology consultancy and expertise in the Latin American region. This extends its network of regional hubs in key geographical locations as part of Charles Taylor InsureTech’s global insurance services model.

The new Latin American hub will enable Charles Taylor InsureTech to support clients in the delivery and implementation of core business systems. It will provide highly specialised change and transformation consultants responsible for the delivery of complex insurance solutions, as well as an on-the-ground presence to help clients with post-implementation support services.

Amongst other services, the Centre of Excellence will focus on the implementation of the INSIS insurance management solution, in partnership with leading insurance software solutions provider, Fadata

The new centre will also cultivate excellence in the development of new technology. It will support the development of mobility and data analytics solutions for insurance companies, as well as straight-through processing and automation. The centre will build tools and frameworks to store re-usable components to benefit future projects. It will help foster innovation and ensure further quality products are developed with short time-to-market lifecycles.

INSIS is Fadata’s award winning modular software package that provides a complete insurance management solution to Life, General and Health insurers. INSIS has been ranked a leader in Gartner's Magic Quadrant (December 2015) for four successive years, and has also recently been awarded two consecutive XCelent in Technology awards for its Life and Health systems, by Celent.

Jason Sahota, Chief Executive Officer, Charles Taylor InsureTech says:

“Great innovation needs creativity and a focus on excellence, which is what we are building with this new centre. We know that we have an exceptional product and a great track record in delivering successful implementations. Now it is time to take it to the next level by rolling out our global network of Centres of Excellence. We believe there is great opportunity for InsureTech in this market and we are perfectly positioned to take advantage of it. This is a very exciting time for Charles Taylor InsureTech as we take the business forward.”

John Macdonald, CEO, Fadata commented:

“We are delighted that Charles Taylor InsureTech has chosen to roll out our INSIS insurance management solution across Latin America, through their new Centre of Excellence in Mexico. This partnership comes at a time when Latin American insurers are setting high priority on accelerating technology innovation and we are seeing increased demand for our insurance technology products across the region.”