EY UK and INSTANDA form alliance on insurers' core system modernisation
The consultancy will pair its insurance transformation teams with INSTANDA's configurable policy platform to move AI work beyond experiments.
EY UK and INSTANDA formed an alliance on 14 October to help insurers modernise core systems and move AI work from experiments into enterprise use, EY said in a statement.
The agreement combines EY UK's insurance consulting, implementation and transformation capabilities with INSTANDA's configurable platform. That platform covers product design, policy lifecycle management and integration through open APIs.
EY said the firms will develop transformation roadmaps and operating models, implement and integrate platforms, and support change programmes. The stated aims are to reduce architectural complexity, modernise core operations and build foundations for further technology adoption.
"Insurance organizations are navigating a period of significant change, balancing the need to modernize operations, improve agility and respond to rapidly evolving market demands," Christopher Payne, EY-INSTANDA Alliance Leader at EY UK, said in the announcement.
Related coverage: Insurify opens its marketplace to personal AI agents with an MCP gateway and Opterrix launches AI tool for portfolio exposure and accumulation.
Sources
- EY: EY announces alliance with INSTANDA to help insurers modernize core architecture for the AI era
- PR Newswire UK: EY and INSTANDA alliance
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