Capgemini Distinguished as an Advanced Thought Leader in Global Insurance IT Outsourcing by Everest Group

Capgemini Distinguished as an Advanced Thought Leader in Global Insurance IT Outsourcing by Everest Group
06.02.2017 11:30 am

Capgemini Distinguished as an Advanced Thought Leader in Global Insurance IT Outsourcing by Everest Group

Consultancy

Capgemini, a global leader in consulting, technology and outsourcing services, announced today that for the second consecutive year it has maintained its position as a leader and star performer in Everest Group’s IT Outsourcing in Global Insurance PEAK Matrix™ Assessment. Capgemini achieved this recognition by demonstrating strong insurance business growth through multiple new domain-focused solutions and continued investments in its global network of Applied Innovation Exchanges (AIEs)1.

In the report, Everest Group analyzed the capabilities of 24 Applications Outsourcing (AO) service providers specific to the global insurance sector and selected Capgemini as one of five Star Performers. Star Performer distinction is awarded to service providers that demonstrate the strongest forward movement over time on PEAK Matrix™ characteristics of leaders on the AO services’ matrix including: continued domination in the insurance AO marketplace with differentiation through a large-scale, global delivery model, extensive consulting capabilities, a comprehensive solutions’ portfolio, and being cited by clients as preferred vendors for change management and large-scale transformation projects. Capgemini’s Wellness Active Risk Management2, eUW applications3, Digital Attending Physician Statements (APS)4, and All Channel Experience (ACE)5proprietary solutions were highlighted as key to its success.

Everest Group cited Capgemini’s acquisition of IGATE as giving it the ability to grow some of its key accounts, which demonstrated strong insurance business growth momentum. Capgemini was also named as an advanced thought leader and early adopter of next-generation technology themes.

The insurance industry is at an inflection point, where technology disruption and new business models are fundamentally reshaping the current landscape,” said Jimit Arora, Partner, Everest Group. “Focused investments in R&D initiatives, domain-focused partnerships, an enhanced delivery presence, and strong growth momentum in its insurance application outsourcing business helped Capgemini secure its positions as a Leader and Star Performer on the 2016 Everest Group Insurance AO PEAK MatrixTM.”

"We are delighted to be named as a Leader and Star Performer in IT Outsourcing in Global Insurance by the Everest Group for second year in a row,” said Jack Dugan, Executive Vice President and Global Head of Insurance for Capgemini’s Financial Services Strategic Business Unit., “This is a strong validation that our investments in domain and innovation are generating significant value for our clients and partners."

Related News

Wolters Kluwer Finance, Risk & Regulatory Reporting launches Professional Services consultancy offering for Americas

Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has launched a Professional Services offering for ongoing software management and... Read more »

d-fine and Asset Control join forces to deliver enhanced market data management and analytics to business users

d-fine, a leading European consulting firm, and Asset Control, the market leader in financial data management have launched an initiative to... Read more »

An Extraordinary Six Months

 

It has been an extraordinary six months, not just from a social perspective but also from an economic and financial market perspective. This week we pause for... Read more »

FIME accelerates open banking API innovation & compliance with automated test solution

FIME ... Read more »

Digiterre Launches DataMax to Help Technology Teams Accelerate Growth in Data-Driven Organisations

Digiterre, a software and data engineering consultancy, today announced the launch of DataMax, an enterprise platform for technology teams to manage and analyse big data.  It... Read more »

Know Your Customer is the driving force behind CSLB-Asia's KYC compliance in corporate services

CSLB-Asia, providers of family office, corporate secretarial and commercial business consultancy services, have announced their collaboration with award-winning RegTech company... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel