Australian insurance technology providers Wilbur and BAIS have entered into a partnership to deliver enhanced end-to-end policy and claims solutions to the insurance industry.
Under the agreement, Wilbur’s Claim Suite will be integrated with the BAIS policy administration solution. Their services will be available across the world.
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The partnership comes after the two companies integrated their respective platforms to provide data and process management solutions using a common data source.
Wilbur CEO Mark Cohen said: “As a business, we have always maintained a keen focus on providing best-in-class services and solutions to manage insurance claims.
“The successful integration of Wilbur Claims with the iBAIS insurance system provides a very strong proposition to the insurance industry.”
Greg Johnson, the head of distribution partners at Wilbur, and David Hampton, CEO of BAIS will lead the joint insurance technology solution.
Hampton added: “Few solutions have given underwriters, insurers and brokers a comprehensive view of a client’s policy and claims data along with the services to manage the claims process.
“I am confident the alliance will result in one of the most powerful and comprehensive solutions available to the insurance industry anywhere in the world.”
Existing clients of both companies will soon be able to test how the new solution can improve insurance operations and its service level.
Wilbur’s digital claims management suite and services deliver solutions at the claims delivery end of the insurance value chain.
