Insurity Teams with ITS to Streamline Insurance Tech Modernization
Event summary
- Insurity partners with Insurance Technology Services (ITS) to enhance modernization and complex program execution for insurers.
- ITS brings over 35 years of insurance experience, focusing on core platform modernization and business process optimization.
- The partnership aims to reduce delivery risk and improve business outcomes through combined technology and implementation expertise.
- Insurity serves 22 of the top 25 P&C carriers and 7 of the top 10 MGAs in the U.S., with over 400 cloud-based deployments.
The big picture
Insurance carriers face growing pressure to modernize legacy systems, but implementation risks often delay or derail projects. This partnership between Insurity and ITS addresses that gap by combining cloud-based software with deep industry expertise. The move reflects a broader trend of insurers seeking integrated solutions to reduce operational friction and improve policyholder experiences.
What we're watching
- Execution Risk
- How the partnership will affect the pace of modernization projects for Insurity's clients.
- Market Penetration
- Whether the combined offering can accelerate adoption among mid-sized insurers.
- Competitive Dynamics
- The impact of this partnership on Insurity's positioning against other insurance tech providers.
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