Xuber, Xchanging's insurance software business, has announced a partnership with fellow insurance software house Innovation Group plc, which will see its advanced analytics tools incorporated into a new Xuber product. 'Xuber Analytics' will be launched in early 2013.
Xuber Analytics will meet increasing customer demand for more powerful, comprehensive reporting, that crystallises return on investment and turns data into information, enabling businesses to make more informed decisions. The product will provide analytics relevant to all company practitioners, not simply management or reporting specialists. Xuber Analytics will be an optional addition to the Xuber suite of products.
Under the terms of the agreement, Xuber has exclusive worldwide rights to Innovation Group's software to use with Xuber products. Xuber and Innovation Group (both of whom use Microsoft .NET™ technology) will jointly invest in tailoring product development. Once released, Xuber Analytics will be available for use anytime, anywhere, on a large range of mobile devices.
Richard Clark, Head of Business Development at Xuber comments: "We want to integrate with best-of-breed complementary solutions wherever possible and Innovation Group fits the bill in the field of insurance software analytics. Customers will benefit from our cutting edge service as we customise the solution and take advantages of the synergies between our businesses."
The development follows the successful re-launch of Xchanging's insurance software business as 'Xuber' in October, the culmination of a £20 million plus investment in the development of a next-generation suite of commercial insurance software, in addition to a substantial expansion of the company's marketing and sales.