EIS Group, a global core and digital platform provider for insurers, today announced that it has been named a Visionary in Gartner’s recently published report “Magic Quadrant for P&C Core Platforms, North America*” for the second consecutive year. EIS Suite is a cloud-based platform for insurance carriers that provides core, data and digital capabilities across multiple lines of business, including P&C, worksite and individual benefits, and health.
The report recognizes EIS Group for “completeness of vision” and “ability to execute.” In the report, Gartner defines Visionaries as vendors offering “strong core system functionality and broader platform capabilities, and have demonstrated a flair for innovation. Their level of execution is lower due to factors such as fewer customer wins and more limited production experience in certain segments, but they demonstrate vision and potential.”
“Helping insurers position themselves for success in a world of changing consumer needs, markets, and channels is the driving force behind EIS Group,” says Alec Miloslavsky, chief executive officer of EIS Group. “We believe our positioning as a Visionary is a confirmation of the belief that only a cloud-based, fully digital, unified enterprise platform of core and digital solutions will support insurer success in the digital economy. We meet that need with a digital insurance platform that supports new business models to allow insurers to operate seamlessly in existing markets and emerging B2C and B2B ecosystems.”
EIS Group has led the industry trend toward adoption of enterprise platforms with integrated digital experience, data and core applications. Among them, EIS DXPTM, a digital experience framework, leverages an end-to-end series of core APIs to deliver consumer-grade, persona-based user experiences. EIS Group is also recognized as a leader in incorporating emerging technologies, such as chatbots, AI and ML, in customer interactions and other business operations. In addition, clients benefit from EIS Group’s well-developed Agile, continuous integration/continuous delivery approach to gain industry-leading time-to-market for new business capabilities.
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* Gartner, Inc. “Magic Quadrant for P&C Core Platforms, North America” October 9, 2018.