Zurich Canada, a provider of commercial business insurance products and risk management solutions, and part of the Zurich Insurance Group, has contracted to use regul8. Regul8 is a statistical reporting product of Quindell Plc., a software, consultancy and technology outsourcing company.
Zurich Canada is required to report its policy and claims data to both the General Insurance Statistical Agency (GISA) and the Groupement des assureurs automobiles (GAA), Quindell said. Zurich Canada decided to move to regul8, which will integrate with core Zurich transactional systems, including PMS, ZIP and Guidewire ClaimCenter.
Quindell is working with several other insurers to determine where regul8 can provide benefits, said the company. These benefits would include streamlined reporting; early error detection and correction; reduced costs.
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