Majesco TL
Follow Us
ITA MEMBERSHIP

INSURANCE TECHNOLOGY NEWS

INSURANCE TECHNOLOGY NEWS

Rogers & Gray Insurance Implements Finys to Meet Aggressive Business Timeframes

Bill Sinn | August 29, 2018

Finys, developer of the Finys Suite, a modern enterprise core administration platform for property and casualty (P&C) insurance companies, is pleased to announce that Rogers & Gray Insurance has implemented Finys Policy and Billing modules, moving from project start to a fully-live production environment in only 14 weeks.

Founded in 1906, Rogers & Gray provides a wide array of insurance coverages to policyholders across the U.S. and is expanding the company’s coastal-flood insurance product offerings with the launch of a subsidiary managing general agency (MGA), Monomoy Insurance (Monomoy). With an aggressive timeline planned for the Monomoy launch, Rogers & Gray needed a core administration system with a modern technology platform which would allow for flexibility, scale, and critical speed-to-market.

“Most of the systems we found seemed nailed together,” said . “They didn’t have comprehensive functionality on an integrated platform, but Finys enabled us to buy one product with everything we were looking for. And, they were great to work with. They took every challenge back, worked through it, and came up with appropriate resolutions.”

Rogers & Gray and Finys worked collaboratively on an implementation plan to get the selected Finys solutions in place and to bring Monomoy online within the prescribed timeframe. The two teams set regular communication checkpoints to ensure decisions could be made rapidly to facilitate the timeline. At the end of the day, the phase one implementation that enabled Rogers & Gray to begin issuing policies took only 3 1/2 months, and subsequent project phases were planned to deliver additional non-critical functionality and reporting capabilities.

“Rogers & Gray had definitive goals for this project which were crucial to this new venture,” said Scott Hinz, director of sales for Finys. “We are very pleased that not only have we delivered the features and functionality the company needs internally and to support Monomoy Insurance, but that we were able to do it on time and on budget.”

The Finys Suite includes components for core administration (policy, billing and claims), as well as business intelligence (BI), regulatory reporting, and agent/consumer portals. Finys is continuously developing new ways to support personal and commercial lines P&C insurers with features such as mobile access on-demand and integration-ready solutions with open APIs which are available as part of the company’s pre-integrated Finys Suite, or as standalone components.


Featured articles

MT MR

Majesco MR

ELECTRONIC CHAT

The Email Chat is a regular feature of the ITA Pro magazine and website. We send a series of questions to an insurance IT leader in search of thought-provoking responses on important issues facing the insurance industry.

ITA LIVE 2019

The tide is up! It's time to register for ITA LIVE 2019, our annual educational and networking conference! Our theme is "The InsurTech Revolution: Cutting Through the Hype." and we'll be bringing in a torrent of industry thought leaders, amazing insight and wonderful perspectives on the world of insurtech and its impact on the insurance landscape.

ITA LIVE 2019 will present real-life examples of true startup technologies that are helping insurers gain real advantage -- and a competitive edge -- in the marketplace. We’ll highlight the more successful InsurTech partnerships, while offering case studies that demonstrate exciting innovation and cutting-edge techniques impacting all aspects of the insurance ecosystem.

Ride the wave to LIVE 2019. Sign up today! We look forward to seeing you in May, 2019!

BLOGS AND COLUMNS

only online

Only Online Archive

ITA Pro Buyers' Guide

Vendor Views

Partner News