Sunday, May 26, 2019
HomeBusinessFamily Guardian improves its competitiveness with Oracle Insurance Policy Administration system

Family Guardian improves its competitiveness with Oracle Insurance Policy Administration system

Family Guardian has employed Equisoft, a global provider of digital business solutions for the insurance and wealth industries, to create a core and front-end tech system to help it become more competitive.

A press release on the matter said the system went live at the beginning of the year.

According to the release, the system is called the Oracle Insurance Policy Administration (OIPA) system.

“Equisoft integration teams ensured that Family Guardian went live with its fully integrated OIPA platform earlier this year,” the release notes.

“In addition to replacing the legacy platform, the project encompassed data migration by Universal Conversion Technologies, an Equisoft subsidiary.

“The firm is also spearheading a number of other core and front-end system integrations to help the Caribbean insurer become more competitive in the Bahamian market.”

Family Guardian President Glen Ritchie said the tech upgrades will help the company to become more efficient and enhance its service delivery, while Equisoft’s Vice President, Consulting & Account Management Ruben Veerasamy said the company was proud to become a strategic partner for Family Guardian.

“Working as a strategic partner for Family Guardian allows us to develop effective solutions that better address future business and digital challenges,” said Veerasamy.

“Adding Family Guardian to our already prestigious list of customers makes us extremely proud, and we are committed to continue to build a strong presence in the Caribbean.”

The release said Equisoft will also help Family Guardian to modernize its front-end technology over the next few years.

 

Chester Robards

Senior Business Reporter at The Nassau Guardian
Chester Robards rejoined The Nassau Guardian in November 2017 as a senior business reporter. He has covered myriad topics and events for The Nassau Guardian.
Education: Florida International University, BS in Journalism
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