Digital and Cloud-First Approach Fuels Pioneering Insurers in 2021
BizDynamics, a cloud business unit of ValueMomentum, congratulates its Clients on a year of successful transformation of engagement, distribution and rating-quoting operations by embracing a digital and cloud-first approach.
“Despite its challenges, 2021 has been a great year for our Clients,” said Srini Vasireddy, President – Customer Success. “Our Clients are reaping the benefits of cloud-native services in their transformations. Now they can deliver more for their customers, agents and partners at speed while embracing lower-cost business models. We are proud to be a part of our Clients’ exciting journeys, and we wish them a productive and successful year in 2022 alongside several new Insurers who have joined our thriving Client community.”
- McKee Risk Management, an MGA that offers specialized underwriting, claims and risk control services, is leveraging BizDynamics in multiple areas as part of a strategic transformation of their business. Clyde McKee IV, Co-Lead: Small Business Unit at McKee, commented, “A few years ago, we recognized that we needed to rethink the value proposition that we bring to the evolving insurance ecosystem. By modernizing our operations, we saw an opportunity to enhance nearly every facet of our business, especially how we engage and transact with our key partners.” He added, “ValueMomentum has helped shape our technology roadmap for the future in addition to their work in implementing new technologies. Today, we’re working with them on digital capabilities for rating, claims, risk control and premium audit.”
- Hanover Excess & Surplus, an RPS Company, looks forward to building on its rate and quote capabilities over the coming months with BizDynamics’ cloud technologies. “In 2021, we reached a milestone in this project, and we’re excited to extend online rating and quoting to our agent partners in 2022,” said Geoff Crater, Area Vice President, Underwriting at Hanover.
- VGM Insurance Services, which offers specialized insurance programs designed for the unique needs of businesses in the Allied Healthcare industry, a long-standing BizDynamics Client, is finalizing implementation of General Liability and an enhanced underwriter experience, complimenting the Property program already implemented.
- First Capital-AWIS, a leading insurance wholesaler, completed its implementation of BizDynamics Rating services in 2021.
“At BizDynamics, we believe the only measure of success that matters is delivering successful outcomes for our Clients,” said Srini. “We bring that mindset to every project, and it makes all the difference in helping our Clients achieve their unique business goals. At the same time, we’re thankful for the opportunity to serve such a pioneering group of digital-savvy Clients. We’re thrilled to fuel their exciting journeys in 2022 and beyond.”
About BizDynamics
BizDynamics, a cloud business unit of ValueMomentum, Inc., provides affordable and simplified cloud solutions and enterprise-class services that insurers need to succeed in a digital world. For more information, visit https://www.bizdynamics.com.