Click here to close now.




















Welcome!

News Feed Item

Primary Asia Holdings Selects Unirisx for Personal Lines Direct-to-Consumer Business in Mainland China

PHILADELPHIA, PA and HONG KONG -- (Marketwired) -- 03/18/14 -- Unirisx Ltd (Unirisx), provider of world-class, technology solutions for property and casualty (P&C) industry, is pleased to announce that Primary Asia Holdings LLC (Primary Asia Holdings) has selected the Unirisx Insurance Solution Suite™ as its underwriting and policy administration platform for the company's personal lines direct-to-consumer business in mainland China.

Unirisx will implement the Insurance Solution Suite via a Software-as-a-Service (SaaS) platform with full end-to-end policy administration, workflow, and reporting for motor and other personal lines products. The multi-language and multi-currency capabilities inherent to the Unirisx Insurance Solution Suite will be deployed in conjunction with functionality which will enable mobile technology, social networking, and a payment gateway for smartphones and other mobile devices.

"In the past, we successfully launched direct-to-consumer motor business in the UK, and as we are seeing, the Chinese direct-to-consumer market is growing at a fast pace," said Steve Hardy of Primary Asia Holdings. "We evaluated various solutions and selected Unirisx as our partner for this major venture because we were impressed with Unirisx's proven global product, multiple successful implementations in Asia-Pac, exceptional staff with knowledge and expertise, advanced technology platform and ability to launch products quickly in new markets and geographies. We are delighted to move forward as a team, and to take our business ideas and the Unirisx product into this new territory and beyond."

Primary Asia Holdings needed a proven, innovative technology platform to provide a strong foundation for strategic initiatives in the Asia-Pac region. The key objectives going forward with Unirisx are to streamline operational efficiency, and provide speed-to-market for Primary Asia Holdings' insurance products. Subsequent implementations will include several other countries in the Asia-Pac region.

"We are excited by this opportunity, as well as by the opportunity to work with Steve Hardy, one of the P&C industry's most renowned professionals," said Julian James, EMEA director of business development for Unirisx. "Steve was instrumental in launching swiftcover.com in the UK, and we are very excited to be part of this venture and the ongoing efforts to achieve something similar and groundbreaking in China. We recognize the importance of the Asia-Pac region in the global insurance arena, and Unirisx is uniquely equipped to help clients address this market's growing insurance needs."

"We are very pleased to have been selected by Primary Asia Holdings as a transformational partner, and we are grateful for the confidence placed in our company, people and product by Steve Hardy and the company's management team," said Akhil Tripathi, CEO of Unirisx. "Our platform is well-matched with Primary Asia Holding's expansion plans, and our multi-language, multi-currency suite provides the speed-to-market and integration with mobile technology distribution channels and social networking to serve as the ideal solution for a pan-Asian rollout. To be launching initially in China expands our geographic footprint in the region and solidifies our commitment to being a global solution provider of choice."

Unirisx's Insurance Solution Suite is a comprehensive policy administration system which enables insurers, agents and partners to quote and bind personal, commercial, specialty and workers' compensation business, quickly, efficiently, and with the benefit of enhanced communication between parties. Unirisx is well-known for providing highly-configurable, SaaS-based solutions which deliver results for insurers around the world.

About Unirisx Ltd (Unirisx)
Unirisx Ltd is a wholly owned subsidiary of Unirisx LLC (Unirisx) which provides transformational, world-class, core administration solutions for property and casualty (P&C) insurance organizations. Unirisx's highly-configurable, on-demand solutions for personal, commercial, and specialty lines, including ocean/marine, excess and surplus (E&S) and professional liability, enable the rapid creation and launch of new products, broadened distribution, and effective management of the full policy lifecycle in real-time. Via a Software-as-a-Service (SaaS) model, Unirisx reduces upfront costs and accelerates speed-to-market through unique customization capabilities currently powering successful implementations in multiple lines, multiple currencies and multiple languages around the world. For more information about Unirisx, please visit www.unirisx.com.

About Primary Asia Holdings Limited
Primary Asia Holdings Limited is a wholly owned subsidiary of Primary Group Limited. Primary Group Limited is a Bermudan based investment holding company for a group of predominantly small to medium size businesses engaged in insurance and other financial distribution activities.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Learn how to solve the problem of keeping files in sync between multiple Docker containers. In his session at 16th Cloud Expo, Aaron Brongersma, Senior Infrastructure Engineer at Modulus, discussed using rsync, GlusterFS, EBS and Bit Torrent Sync. He broke down the tools that are needed to help create a seamless user experience. In the end, can we have an environment where we can easily move Docker containers, servers, and volumes without impacting our applications? He shared his results so yo...
Palerra, the cloud security automation company, announced enhanced support for Amazon AWS, allowing IT security and DevOps teams to automate activity and configuration monitoring, anomaly detection, and orchestrated remediation, thereby meeting compliance mandates within complex infrastructure deployments. "Monitoring and threat detection for AWS is a non-trivial task. While Amazon's flexible environment facilitates successful DevOps implementations, it adds another layer, which can become a ...
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...