Leading fnancial tchnology company Polaris Software Lab,has launched the first  ever, cloud platform for the global insurance industry. Called Intellect SEEC it runs on the Polaris Continuous Migration (PCM) architecture and includes modules for customized product launches, new distribution channels and Automated Service Delivery, which helps lower the total cost of ownership of enterprise applications.

Intellect SEEC is a pure-play SOA ( service orinted architecture) based cloud offering comprising 10 platforms and over 70 products.in the areas of Product Management,Asset / Broker Management, and Customer Management, spanning New Business, Policy Administration, Claims, Billing & Accounting, Risk Management, Investment and Reinsurance. 
Arun Jain, Chairman & CEO, Polaris Software, said, “The launch of a
Cloud platform for the Insurance sector would add one more chapter in our Insurance journey. So far, 7 of the top 10 global insurance companies trust Polaris' solutions for claims processing, improvement in sales productivity, new business improvement, business intelligence and analytics. 
Polaris Software Lab has a talent strength of over 10,500 solution architects, domain and technology experts. The company is headquartered in Chennai and has offices in all global financial hubs including Tokyo, Sydney, Hong Kong, Singapore, India, Dubai, Bahrain, Riyadh, London, Belfast, Zurich, Frankfurt, Toronto, New York, Chicago,Fremont, Pittsburgh and Chile. http://www.polarisFT.com/  
Link to demo of SEEC: http://www.seec.com/demos/Flipbook/website_flipbook/seec_flipbook.swf 

May 26 2011