March 15, 2019
Partnership helps carriers plan and execute transformation strategies, providing holistic sustainable solutions that drive insurers’ digital business goals
Hartford, CT – March 5, 2019 – MVP Advisory Group and Insurity, Inc., have announced a strategic partnership to provide solutions and services to P&C insurers worldwide. Insurity offers a world-class insurance core processing, data, analytics and digital enablement platform and the industry’s leading hybrid cloud and SaaS operations team. MVP provides expert strategy, planning, development and workforce services from the industry’s top insurance, technology, and consulting companies. This partnership ensures that insurers of all sizes and budgets make the right digital and data decisions with executable plans in place to achieve business, technical and financial goals.
“MVP is excited to become a partner with Insurity. We specialize in the planning and execution for digital, data, and managed services programs, and Insurity’s broad-based platform capabilities align well with our clients’ needs” stated Donn Vucovich, Managing Partner at MVP. “Insurity’s market- leading SaaS capabilities make them an attractive partner for MVP, as the movement to managed services and cloud solutions continues to rise and has become a market imperative for long-term viability.”
MVP has led many of the largest data and analytics projects in insurance, delivering measurable and incremental value to the organizations. It has also led insurers through core transformation initiatives, digital technology innovation, and the development of advanced analytics environments. Insurity provides core processing and data applications to insurance carriers. They have a vast customer base processing billions of dollars of premium monthly utilizing Insurity software and environments.
“Insurity is committed to providing our clients with the technology, infrastructure and services they need to thrive in the digital insurance market and simplify their business,” said Michele Shepard, Chief Revenue Officer at Insurity. “This partnership with MVP exemplifies our focus on helping carriers transform their organizations, ensuring they’re able to leverage their investment in Insurity to execute cohesive plans that support their long-term business goals.”
MVP’s core data, digital and managed services transformation knowledge and experience in helping carriers and brokers to leverage the advanced technology capabilities in the market aligns with Insurity’s ongoing commitment to its customer base and to the market.
“Our partnership with MVP is a sensible move for Insurity. Data and analytics continue to be a top area of investment for insurance carriers, as well as one of the most challenging to implement effectively,” stated Chris Giglio, Chief Executive Officer of Insurity. “MVP’s knowledge and experience with Insurity’s data solutions will be beneficial to our current and future clients.”
Bruce F. Broussard, Jr., MVP Partner and leader of its Data & Analytics practice, understands Insurity’s data solutions and the challenges insurers in maximizing the value of their data. Prior to MVP, Mr. Broussard served as Senior Vice President and General Manager of Insurity’s Data Solutions Division.
“The nature of data is always changing. Companies must have the strategies, plans, components, and quite frankly, the knowledge to integrate and aggregate their data and be able to efficiently derive value from it.” stated Mr. Broussard. “By having extensive knowledge of Insurity’s comprehensive data solutions, MVP can help carriers perfectly execute the strategies we provide them to accelerate their data programs and reduce delivery risks.”
About Insurity, Inc.
Insurity, Inc. enables property & casualty insurers to transform their enterprise and achieve their business goals. Insurity’s core processing applications and data integration and analytics solutions are backed by rich insurance expertise and are in production with over 200 insurers, processing billions of dollars of premium each month. Insurity’s solutions address the needs of all carriers – from the Top 20 insurers to small or regional commercial, personal, or specialty lines writers, as well as MGAs. For more information, visit www.insurity.com.
About MVP Advisory Group
MVP Advisory Group is a unique consulting firm focused exclusively on the insurance industry. Since its formation in 2013, MVP has developed a team of experienced insurance professionals who have successfully managed and led change in all areas of insurance including underwriting, policy administration, claims, client experience, finance, compliance, data analytics, human resources, and information technology. In addition to depth of talent, its operating principles allow MVP to create valuable partnerships which complement and leverage existing client capabilities. Core to its successful client partnerships is a commitment to focus on key areas of change where MVP provides deep expertise, including transformational roadmaps, program management, quality assurance, data management, and analytic and digital transformation and engagement. Visit MVP at www.mvpadvisorygroup.com.