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Zurich Insurance Germany Selects Cognizant as Strategic IT Partner to Transform its General Insurance Application Landscape

 

Cognizant today announced that it has extended its relationship with Zurich Beteiligungs-AG, the German subsidiary of global insurance leader Zurich Insurance Group (Zurich), to help Zurich Germany deliver more digital services offerings to its clients and partners. As part of the new multi-year agreement, Cognizant will work closely with Zurich Germany to simplify, modernize, and manage and maintain the insurer’s enterprise application landscape in the General Insurance domain. The partnership will establish joint DevOps teams and is designed to extend Zurich Germany’s artificial intelligence (AI), data, software engineering and cloud capabilities.

By bringing together Zurich Germany’s applications in its General Insurance domain under the joint management of inhouse IT and Cognizant as key strategic IT services provider, Zurich Germany is expected to reduce the total cost of ownership, speed up the time to market of new digital services and products, and lay the foundation for further digital and agile enablement of the enterprise.

Zurich is on an ongoing journey of ‘accelerated digital evolution’ to meet the rapidly changing needs of our customers and partners and creating a more intimate connection with them. Cognizant has proven itself as a knowledgeable and reliable strategic partner, and we look forward to further capitalizing on its industry expertise to help us advance our digital transformation,” said Jens Becker, chief information officer, Zurich Germany.

The new agreement builds on and significantly expands the two companies’ existing agreement, under which Cognizant successfully implemented and manage and maintain Zurich’s General Insurance products on Guidewire.

“Innovative, forward-thinking clients like Zurich understand the importance of collaborating with a strategic IT partner to help them achieve their digital transformation and meet their business objectives,” said Dr. Rolf Werner, head of GermanyAustria and Switzerland, Cognizant. “Cognizant is pleased to have been selected by Zurich to expand our successful collaboration, and we will apply our deep expertise in application modernization, development and maintenance, along with our in-depth knowledge of the insurance industry, to deliver even more value and help Zurich meet its customers’ needs.”

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Highlights from Day 1 of CoinGeek Zurich

CoinGeek’s Zurich Conference 2021 kicked off yesterday (June 8), featuring a variety of presentations from speakers involved with blockchain technology and the Bitcoin SV ecosystem. The first day included a live demonstration of how Bitcoin can scale to offer almost limitless capacity.

CoinGeek’s Zurich Conference saw presentations by speakers whose experience encompassed a wide range of industries and technologies. These included Bitcoin Association founding President Jimmy Nguyen, Transmira CEO Robert Rice, Centi General Manager and Chairman Bernhard Müller, EHR Data Vice President of Integrations Meghann Chilcott and, of course, Bitcoin creator Dr Craig S Wright.

Viewers were also treated to several panel discussions on technical topics related to blockchain technology, accounting, sustainability, the future of money, and consumer payments.

The event played host to a limited number of attendees at its physical venue in Zurich, Switzerland and was broadcasted to nearly 30,000 viewers across the world over several different platforms including Twitter, Persicope, Facebook and YouTube.

In case you missed the first day of CoinGeek Zurich 2021 you can watch the full live stream of day one here.

CoinGeek Zurich is powered by Ayre Ventures and kindly sponsored by: Bitcoin Association, Boquan, Cozen O’Connor, EHR Data, Fabriik, nChain, Ontier, TAAL and Vaionex.

We have two more days of the conference with a packed agenda that continues to be free to access.