18 December 2017
visit www.avoka.com

Target Harlosh reports Western Pacific Insurance deal

06 October 2010  |  1423 views  |  0 Source: Target Harlosh

Target Harlosh the agile insurance solutions provider today announced its first Managed Service contract in Australasia with Western Pacific Insurance Ltd, a provider of niche insurance services in New Zealand, Australia and Asia.

Western Pacific, an innovative and fast growing insurer have committed to a five year contract for IF FullCycle part of the InsuranceFaces solution set from Target Harlosh. It will be delivered within a managed service framework - the first stage in the evolution of a Software as a Service (SaaS) solution, currently in development. The new contract reinforces Target Harlosh's position as a key provider to the Australia and New Zealand insurance market and adds to a rapidly expanding client base in the region.

Jeff McNally, CEO of Western Pacific commented; "Companies are seeking solutions that allow them to do more with less. With rapid start-up, lower upfront costs and reduced capital investment required, a managed service framework is becoming more popular with businesses of all sizes".

Target Harlosh's managed service model will support Western Pacific's broad range of commercial, domestic and specialty products, as well as programs for affinity groups, underwriting agents and preferred brokers. The solution will support new business, accounting, claims and reinsurance across the Western Pacific portfolio. Target Harlosh will provide a fully hosted service including administration and management of the solution.

Commenting on the announcement, Brett Arthur, Target Harlosh's Regional Director of Australia and New Zealand commented; "Our strategy of providing our clients with a flexible solution framework has paid dividends. Delivering our IF FullCycle solution via a managed service model will allow a larger number of niche players to benefit from our overall solutions. We are experiencing a great deal of interest in our managed service offering and proposed SaaS offering, IF in a Box, throughout Australia, New Zealand and Asia. The model provides accessibility to solutions that were otherwise restricted to large IT budgets and long term contractual commitments. Our new SaaS solution, IF in a Box, will be launched in 2011".

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comvisit www.niceactimize.comvisit www.atos.net

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11106 views comments | 3 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
9379 views comments | 19 tweets | 20 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7633 views comments | 19 tweets | 22 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
7189 views comments | 6 tweets | 26 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
7035 views 0 | 4 tweets | 2 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job