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Press Release

Exigen Insurance Solutions Rebrands as EIS Group

Exigen Insurance Solutions, a global provider of core systems to insurers, today unveiled its new corporate brand during the opening of the IASA Educational Conference and Business Show in Indianapolis, IN. The rebranding project took several months and resulted in a company name change from Exigen Insurance Solutions to EIS Group, as well as the introduction of a new, modernized logo and new taglineā€”Powering Insurance Innovationā„¢.

Alec Miloslavsky, executive chairman and CEO, EIS Group, explains the new branding, ā€œOver the last year, we have grown significantly and evolved as a company. We remain dedicated to the insurance industry and we wanted a brand that was a stronger depiction of who we have become as a company. We are committed to delivering systems that integrate superior technical capabilities with rich insurance functionality and offer platform sustainability. This commitment, embodied in the design of our new logo, helps ensure our customers are empowered to innovate for their policy holders now and into the future.ā€

Simultaneous with the launch of the new corporate brand, EIS Group also introduced the framework for the companyā€™s development philosophyā€”Evergreen EngineeringSM. EIS Evergreen Engineering is a methodology and set of underlying principles designed to develop insurance core systems that can be installed today and remain current and relevant to the needs of the insurance market for the long term. This enables insurers to innovate in business model, product, channel and customer while maintaining continuity with their existing business.

Chuck Johnston, the companyā€™s chief marketing officer, provided details on the approach, ā€œEvergreen Engineering is based on a set of principles that include designing for a long system lifespan, maintaining a modern technology roadmap tied to enhancing general business capabilities, leveraging the power of the package in delivery and constantly working to reduce upgrade friction to ensure customers can readily take upgrades. Following this approach ensures our customers can run multiple business lines and multiple channels on the same system, easily run a million policies in the same image, share integrated customer data across lines of business, deploy on premise or in the cloud, and meet the needs of the global market.ā€

In the last year, EIS Group launched a product offering for the group and voluntary benefits market and doubled in size through the addition of new software development and services resources. The company also increased presence in Japan, Asia-Pacific and Latin America, opened an office in Sao Paulo, Brazil, and added development centers in China and Eastern Europe. EIS Group now provides insurers in six countries with the EIS Suiteā„¢ of solutions for policy administration, billing, claims and customer management.

EIS Group is exhibiting at the IASA event and has several company representatives in attendance. For additional information on solutions from EIS Group, visit booth #1212 at the IASA show or visit the company website at www.eisgroup.com.

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