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Businesss process software vendor, Pegasystems, has been selected to provide insurer QBE's Australia Pacific Asia Central Europe Division (APACE) with rules-driven technology to enhance the company's business process management (BPM) capabilities.
QBE will be using Pegasystems technology to help manage internal operations and provide the basis for externalising many of its business processes.
QBE Insurance Group is Australia's largest international general insurance and reinsurance group, and one of the top 25 insurers and reinsurers worldwide. Its APACE division operates in 24 countries, has A$4.2 billion in gross premiums under management, with approximately 5,500 employees.
John Murphy, general manager, management services, QBE APACE said, "We performed extensive due diligence to support the selection of an integrated, scaleable BPM and BRE (Business Rules Engine) application, and Pegasystems' PRPC was the clear choice. We plan to use PRPC as a cornerstone of our Enterprise Architecture for the Division and look forward to realising significant benefits from its deployment."
"QBE joins a growing list of leading organisations who have adopted PRPC," said Bruce Quick, managing director of Pegasystems in Asia Pacific. "QBE's commitment to best-in-class technology validates our strong position in the BPM market and confirms the value of rules-driven BPM solutions for companies interested in agility for growth, productivity and compliance." |