Philadelphia, PA – November 28, 2016 – Unirisx, LLC (Unirisx), a global provider of SaaS-based, policy management solutions for the property and casualty (P&C) and accident and health (A&H) insurance marketplace, is pleased to announce that AXIS Capital Holdings Limited (AXIS Capital) (NYSE:AXS) has selected Unirisx as the core transactional system solution for AXIS Accident & Health (AXIS A&H).
AXIS A&H, a leading provider of accident and specialty health insurance, has spent the past year defining future state technology needs across its global business and has selected the Unirisx platform as its policy administration system (PAS) to support individual and group accident, health and travel policies across U.S. and international markets.
“AXIS A&H sought an insurance technology platform to support its global business and help further empower our team to provide great service and innovative solutions to our clients,” “said Carol Whaley, COO of AXIS A&H. “We chose Unirisx for its technology, people and experience in delivering the type of solution we need to support our core insurance business.”
“AXIS A&H is a forward-looking global business, and we’re excited to partner with them to achieve their business goals,” said Akhil Tripathi, CEO of Unirisx. “Our international experience, specifically in the U.S. and London markets, coupled with our experience delivering A&H products for our global customers, will provide additional value to AXIS. We look forward to helping them to further advance their business priorities which center around delivering value to their clients and their employees.”
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About Unirisx, LLC (Unirisx)
Unirisx’s configurable software enables forward-thinking insurers to accelerate insurance innovation. With our proven and secure system, brokers and underwriters can customize virtually any type of policy in real time. Insurers can launch new ventures and distribution channels at high speed without corresponding high costs or high risk. Companies can expand their global reach and simplify administration with a solution that’s been proven across four continents and 21 countries. Compared to traditional technologies, insurers can achieve up to 30 to 50 percent savings on technology investments, thanks to Unirisx SaaS/cloud-based platform. We commit completely to our clients’ success. For more information, visit www.unirisx.com.
About AXIS Capital
AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at September 30, 2016 of $6.0 billion of $6.0 billion and locations in Bermuda, the United States, Europe, Singapore, Middle East, Canada and Latin America. Its operating subsidiaries have been assigned a rating of “A+” (“Strong”) by Standard & Poor’s and “A+” (“Superior”) by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com. Please be sure to follow AXIS Capital on LinkedIn.
About AXIS Accident & Health
AXIS Accident & Health, headquartered in Princeton, NJ, delivers worldwide accident, specialty health and travel-related insurance and reinsurance solutions through leading product, underwriting and claims specialists across the globe with decades of focused experience. For more information about AXIS Accident & Health, please visit www.axiscapital.com/en-us/accident-health.