AdvantageGo, the commercial insurance and reinsurance software provider and part of Coforge, has entered into a strategic alliance with Combined Ratio Solutions, a provider of insurance Customer Relationship Management (CRM) solutions and professional services.
According to the announcement, the integration of AdvantageGo’s Underwriting Workbench platform with Combined Ratio’s IMPACT product suite, will provide AdvantageGo’s clients with access to fresh insights for re/insurance carriers with limited CRM data on their assureds and/or brokers.
Moreover, Combined Ratio has headquarters across the United States, Latin America, and Europe, which heavily complements AdvantageGo’s global reach.
Working with brokers and carriers, Combined Ratio has three offerings: IMPACT Engage, IMPACT Policy and IMPACT Services.
Client opportunities within this partnership, will include enabling Underwriting Workbench to give greater insight and analytical capability. This can include providing additional opportunities to cross-sell to assureds, as well as maximizing underwriter’s efforts with high value activities and fostering deeper relationships with intermediaries.
Ian Summers, Global Business Leader, AdvantageGo, commented: “I’m pleased to announce this latest AdvantageGo Ecosystem alliance, which provides additional support to our expanding client base across the (re)insurance markets, further strengthening our US presence.
“Once again, with the addition of Combined Ratio the AdvantageGo Ecosystem is unlocking fresh underwriting insights and efficiency gains to support the ecosystem’s (re)insurance clients who are engaged in digital transformation and navigating their service provider relationships in an increasingly fragmented insurtech landscape.”
Michael Jones, Chief Executive Officer, Combined Ratio Solutions, said “I couldn’t be more excited to be part of the AdvantageGo alliance. We have been watching the success of that team and knew we would be an excellent complement to an already powerful Underwriting Workbench.
“As the role of the underwriter becomes increasingly more digitised, we can’t lose sight that relationships still matter. The integration of IMPACT Engage and Underwriting Workbench solves so many problems, allowing our clients to drive underwriting efficiencies, while keeping value on the agent and broker relationship.”
