Zurich Insurance Germany chooses Cognizant as strategic IT partner
Munich – Cognizant is aware that it has expanded its collaboration with Zürich Beteiligungs-AG, the German subsidiary of the world’s leading insurance group, Zurich Insurance Group (Zurich). Cognizant supports Zurich Germany in offering more digital services to its customers and partners. Under the new multi-year agreement, Cognizant will work closely with Zurich Germany to simplify, modernize, manage and communicate the insurer’s general insurance enterprise application landscape.
The partnership envisages the establishment of joint DevOps teams and is intended to expand Zurich Germany’s capabilities in the areas of artificial intelligence (AI), data, software engineering and cloud.
Total cost of ownership reduction
By bringing together Zurich Germany’s General Insurance applications under the joint management of internal IT and Cognizant as a strategic IT service provider, Zurich Germany will be able to reduce total cost of ownership, accelerate the time-to-market of new digital services and products and increase to create the basis for further digital and agile developments in the company.
“Zurich is on an ongoing journey of ‘accelerated digital evolution’ to meet the rapidly changing needs of, and create a closer connection with, our customers and partners. Cognizant has proven to be a capable and reliable strategic partner and we look forward to continuing to leverage Cognizant’s industry expertise to drive our digital transformation,” says Jens Becker, Chief Information Officer, Zurich Germany.
The new agreement builds on the existing agreement between the two companies, under which Cognizant successfully implemented, manages and maintains Zurich General Insurance’s products on Guidewire.
“Innovative, forward-thinking clients like Zurich understand the importance of working with a strategic IT partner to help them digitally transform and achieve their business goals,” says dr Rolf Werner, Head of Germany, Austria and Switzerland, Cognizant. “Cognizant is delighted that Zürich has chosen us to extend our successful collaboration and we will leverage our deep expertise in application modernization, development and maintenance along with our deep knowledge of the insurance industry to create even more value and Zürich to help meet the needs of their customers.” (Cognizant/mc/hfu)