Fintech InsurTech News

COUNTRY Financial Project Leveraging DigitaLab Interns Selected by 50+ Insurer CIOs for Novarica Impact Award

COUNTRY Financial Project Leveraging DigitaLab Interns Selected by 50+ Insurer CIOs for Novarica Impact Award

COUNTRY Financial will receive an Impact Award from the Novarica Insurance Technology Research Council, a peer community of hundreds of insurer CIOs. More than fifty CIO council members reviewed dozens of case studies to select the winners for the 9th annual awards.

Read More: Abrigo Adds Transparent Artificial Intelligence Scenarios, Direct File to FinCEN to its Financial Crime Prevention Software

“Novarica’s research shows that more than half of insurers say talent is a top challenge, but many have difficulty prioritizing it against other pressing needs. COUNTRY’s Impact case study shows how insurers can cultivate talent for recruitment while simultaneously leveraging it for innovation and delivering real business results”

COUNTRY Financial leveraged its DigitaLab, a partnership with the University of Illinois at Urbana-Champaign, to move two apps to new strategic cloud platforms while developing student intern talent. The project saved nearly $40,000 in vendor costs and enabled platform consolidation.

Read More: smartTrade’s Solution Awarded Best Multi-Asset EMS System by Markets Media

“Novarica’s research shows that more than half of insurers say talent is a top challenge, but many have difficulty prioritizing it against other pressing needs. COUNTRY’s Impact case study shows how insurers can cultivate talent for recruitment while simultaneously leveraging it for innovation and delivering real business results,” says Matthew Josefowicz, President/CEO of Novarica and moderator of the Council.

“Utilizing our DigitaLab partnership to re-platform to the cloud allowed our interns to innovate and contribute nearly 550 hours of programming and technology implementation, which is a key reason they look to us for an internship experience,” says Brad Hildestad, Chief Information Officer at COUNTRY Financial. “Their work assists us in delivering faster solutions to our clients and positions COUNTRY Financial to successfully scale our work during weather-related claims when our clients need us most.”

Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers

Related posts

The Future Is Now, The Future Is Open, According To Buckzy Payments Inc

Fintech News Desk

Polish Mobile Payment System BLIK to Modernize and Expand into Romania and Slovakia with DXC Technology

PR Newswire

Bitcoin Miner GRIID Secures $525M Credit Facility from Blockchain.com

Fintech News Desk
1