McCamish, Pegasystems Forge Alliance
Targeting life insurers, Pegasystems technology will be used to augment McCamish BPO and SaaS offerings.
Virtual Water Cooler, December 6, 2011
McCamish Systems LLC and Pegasystems Inc. have announced a strategic alliance aimed at enhancing McCamish’s life insurance and annuity platform, VPAS Life.
The partnership will see Pegasystems' business process management technology rolled into VPAS Life, which comes as both BPO and SaaS offerings. Gordon Beckham, president and CEO of McCamish Systems said the alliance would enable superior efficiencies, predictable business outcomes, improved flexibility and customized workflows to VPAS Life.
“As we add scale in the United States and abroad, we view the Pega solution set as a game-changer for us from a number of perspectives, but most importantly through improved servicing of existing clients and the ability to onboard new clients more rapidly,” Beckham said in a statement.
“Our leading edge technology in insurance, retirement services and beyond, coupled with the well-known McCamish BPO intellectual property, is a powerful and compelling combination for the insurance and retirement services marketplace," added Leo Sugg, Global Business Unit Leader, Insurance, for Pegasystems. "Pegasystems looks forward to partnering with McCamish, and is confident that, together, we can deliver predictable business outcomes consistently in this highly competitive and cost-conscious environment.”
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