Among the event's highlights were impressive attendee numbers, the unveiling of new technology capabilities, and in-depth discussions on GenAI. In this milieu of innovation and expertise, VIPR stood out, especially in a session that Paul Templar was invited to as a guest speaker.
The session, titled "Powering Successful Commercial Lines Through Collaborative Ecosystem Strategies," delved into the vast opportunities available for innovation in commercial lines insurance. Guidewire’s Go to Market Strategy Director, Mike Quintal, led an engaging discussion that explored the dynamic community supporting the global commercial lines industry. The focus was on how carriers can leverage collaborative approaches to data ingestion and underwriting (UW) efficiency improvement with Guidewire Marketplace partners, including VIPR.
This panel of industry experts discussed the importance of leveraging a modern foundation like Guidewire PolicyCenter as a core system. This approach enables insurers to meet the evolving requirements of distribution and augmented UW expectations through focused partner capabilities. The highlight of the session was our CEO Paul Templar demonstrating VIPR’s expertise in bordereau data ingestion, cleansing, standardisation, and insight with VIPR INTRALI. Paul illustrated how VIPR is pivotal in enhancing the collection of large data sets and enabling their conversion into a single data standard for acceptance into PolicyCenter. This functionality is crucial for insurers to efficiently manage delegated authority relationships.
Paul Templar, reflecting on the session and VIPR's role at GuidewireConnect, shared, "Participating in this session was an incredible opportunity to showcase how VIPR is contributing to the evolution of data management in insurance. Our focus at VIPR, especially with VIPR Intrali, aligns perfectly with the industry's need for efficient data management solutions. VIPR Intrali is not just a tool for managing bordereaux data; it's a key enabler for insurers to handle complex data requirements seamlessly and to make more informed decisions. Our future planned integration with Guidewire's suite, particularly PolicyCenter, exemplifies our commitment to providing solutions that are not just innovative but also immensely practical and essential in today’s data-centric insurance world."
VIPR's participation at GuidewireConnect as the only partner focused on Program business bordereau data management underlines the company's unique value proposition in the insurance technology landscape. With VIPR Intrali leading the charge and the full endorsement of its customer base, we are not just keeping pace with industry advancements but actively shaping the future trends of insurance data management. The insights shared by Paul and other industry experts at the event highlight the importance of collaborative ecosystems and the integral role of advanced technology in driving innovation and efficiency in the insurance sector. As the industry continues to evolve, VIPR remains at the forefront, ready to lead the way in forging a path towards smarter, more efficient, and innovative insurance practices. Get in touch to find out more and how we can help you.