Major Carrier Goes Live with V3® for Quote to Claim Insurance Administration
NEW YORK, Feb. 27, 2019 /PRNewswire/ -- Vitech announced today that a major insurance carrier has gone live with Vitech's V3 software. V3 is now in production as the carrier's new quote to claim administration solution for group and voluntary insurance products.
This successful implementation was delivered on-time and on-budget. The project was a joint effort between Vitech and this Top 10 insurance carrier, who worked together in close partnership using Vitech's agile methodology. Production functionality includes quoting, case implementation, enrollment, billing, commissions, claims and more. Web and Mobile self service capabilities will be enabled in the coming months. The software has been deployed as a zero-footprint solution using Vitech's V3 Cloud, the sister offering to V3locity™, Vitech's AWS-based platform.
"We are thrilled with the success of this implementation," said Frank Vitiello, Vitech's CEO. "We are privileged to support a carrier with such an impressive vision for their offerings in the competitive and dynamic group insurance space."
"Our new V3 software allows us to bring new products and capabilities to the marketplace more efficiently than ever before," said a carrier representative. "Vitech is a great partner, and V3 is a powerful and capable insurance solution."
About Vitech® and V3®
Vitech Systems Group, Inc. is a leading provider of administration software to insurance, retirement and investment organizations. Vitech provides its clients with proprietary enterprise software, related implementation services and ongoing support. For more information, please visit http://www.vitechinc.com.
V3 is a highly scalable, configurable administrative platform that addresses the complex needs of insurance, retirement and investment organizations. It is an award winning, contemporary technology solution available for both on-premise or cloud-based deployments.
SOURCE Vitech
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