InsuranceSuite on fast track in few months at Tinkoff

CALIFORNIA, USA: Tinkoff Online Insurance selected and deployed InsuranceSuite as the technology platform on which to grow its business.

As per an announcement, the rapid implementation, which involved some complex integrations, began in September 2013 and first went live in February 2014. 

"We believe that having all three systems from the same vendor in an integrated suite is a tremendous benefit for us," said Fedor Voronin, chief operating officer, Tinkoff Online Insurance. "Guidewire PolicyCenter, BillingCenter, and ClaimCenter are strong as individual systems, but together they provide even more benefits for us, including flexibility for business growth and enhanced customer service capabilities."

InsuranceSuite is enabling Tinkoff Online Insurance to bring new products to market quickly, allowing the company to grow efficiently and profitably; develop and execute best practices to help it deliver high levels of service to its customers; grow its business on a modern technology platform designed for enhancing flexibility and upgradeability; and establish operational efficiency through automation across underwriting, policy administration, billing, and claims management processes; as the company added.

 Keith Stonell, managing director, EMEA, Guidewire Software said. "We admire Tinkoff Online Insurance's rapid deployment of InsuranceSuite and the speed with which they have been able to launch products in the market."