Business alliance brings value and service options for customers with TiG Policy Installations.
July 12, 2004 – The Innovation Group (TiG), a software and solution provider with operations throughout Europe, North America, Australia, South Africa and Japan announced today its alliance with OARBIC, an IT services company focused on the insurance industry. The TiG/OARBIC relationship further extends TiG�s partnering strategy to ensure that new and existing clients have access and support for implementations of the company�s products. This includes TiG Policy, a component based policy administration solution used by many of the world�s largest insurers, and TiG Claims, a powerful claims administration framework that reduces the cost and improves the efficiency of claims processing.
OARBIC is a Toronto-based IT services provider that has helped TiG meet the needs of its growing client base. OARBIC�s vast insurance knowledge, and experience working with TiG technology with emphasis on implementation, enhancement and web enablement of policy management applications, has provided the company the flexibility to supplement project teams, provide on-going support for existing clients, and free internal resources for research and development.
TiG technology products are designed to improve efficiency, effectiveness and profitability of insurance and insurance-related industries. With clients throughout the world and four new major contracts signed this fiscal year, TiG leverages partners to increase the resources available to the company and its customers. In addition to supporting existing clients, OARBIC�s vast network of qualified staff has helped TiG meet peak efforts of new implementations.
Euan King, Senior Vice President and General Manager of TiG�s North American operations said, �We�ve worked very well with the OARBIC team on engagements in North America. Their understanding of the industry and our products has been important in supporting new and existing clients.�
About The Innovation Group
The Innovation Group (LSE:TIG) delivers profit improvement solutions for the insurance and associated industries through technology and specialized business process outsourcing solutions. TiG�s policy, claims and conversion technology solutions are recognized as robust and advanced, providing efficiency and costs benefits resulting in a 5 to 20 percent profit improvement. TiG technology is proven in many of the world�s leading insurance carriers. For more information, visit www.tigplc.com.
About OARBIC
OARBIC provides specialized consulting services to clients in the P&C Insurance sector. OARBIC leverages a network of experienced professionals on a global basis. The team represents extensive insurance competency focusing on P&C insurance opportunities and consists of a number of IT consultants with extensive Business and Systems experience and proven legacy systems expertise. For information visit www.oarbic.com.
