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  5. VendorMatch Select for Insurance Companies: Making a Tortuous Road an Easy Drive

VendorMatch Select for Insurance Companies: Making a Tortuous Road an Easy Drive

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20 September 2022
Nicolas Michellod

For many financial institutions, it is tough to navigate the core system vendor landscape:

  • What types of core systems or dedicated components are available on the market?
  • Who are the vendors that have experience in specific markets?
  • Can they help me manage my specific products with their solution?
  • What type and size of clients do they work with? Are they similar to my company?

Each of these questions represents an upward and tight curve in financial institutions’ road to find optimal solutions they need to support their business with. Our experience demonstrates that all of them need support to find their path on this winding road.

To help financial institutions address these key questions, we are launching a new short listing tool called VendorMatch Select. VendorMatch Select leverages our FS technology VendorMatch platform that centralizes all sorts of information about solutions available to financial institutions including banking, insurance, wealth management and capital markets. Through four knock-out criteria, VendorMatch Select speeds up the process to identify relevant solutions for insurers:

  1. The type of solution required from policy administration, claims, billing, underwriting systems, etc.
  2. The geographies where the solution is already implemented,
  3. The lines of businesses and specific insurance products that are proven in production or supported by the system,
  4. The companies already using the systems (marquee clients), types and size of companies.

The tool also allows for a deeper insight check about the short listed solution and offers the opportunity to ask for more details using our platform via a simple click. Watch this quick demo video to see how.

We think VendorMatch Select is the perfect place to help insurers, consulting and private equity firms meet the most relevant vendors and their solutions. For vendors, we expect VendorMatch Select to generate more qualified leads and therefore faster decision making from their target clients. Learn how to get listed on VendorMatch and more about our services.

We encourage you to visit our recommended itinerary to your future destination at speed: VendorMatch.

Do not hesitate to get in touch for more information!

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