NTT DATA UK&I, a leading IT services provider and consultancy for the insurance industry, has today announced a new partnership with iPipeline, a leading provider of comprehensive and integrated digital solutions for the life insurance, pensions, savings and investments markets in the UK. The partnership will see NTT DATA support the financial software firm to provide additional expertise and resources, as well as create scalability across its UK and European operations. This will create modern and better technology to help advisers place business more efficiently.
iPipeline delivers end-to-end, core policy administration platforms to some of the biggest insurance, pensions, and savings businesses in the UK and beyond, including Aviva, Zurich, Royal London Ireland, and OneFamily. iPipeline is headquartered in the US and includes office locations in the UK and Canada. As part of its continued global focus, iPipeline has formed a strategic partnership with NTT DATA UK&I to aid its expansion into new European markets.
With seismic changes in consumer engagement, purchase behaviours, demographics, and retirement provisions facing the insurance, pensions, and savings industry across the UK and Europe, firms need to become more agile and accelerate innovation. To enable this, they are seeking trusted partners to help them to digitise and improve efficiency and effectiveness.
With a proven track record of delivering successful change, the partnership between iPipeline and NTT DATA UK&I delivers a powerful route to support insurance, pensions, and savings companies deliver their transformation projects.
Commenting on the partnership, Ian Teague, Managing Director UK at iPipeline, said: “There are differences between UK and European life & protection insurance markets in how products are accessed and distributed, but there are common factors, too. One such factor is provider technology as technology is often a drag to innovation and optimised provider efficiency and margins.
“We’re here to change that. Our SSG Digital platform is already the engine behind many of the strongest and most respected insurers in the UK market and this partnership will power our ambitions into Europe, accelerating our trajectory and development capability. The result for all markets is positive. Our technology empowers providers to innovate, and enables advisers, along with their clients, to access and manage their insurance online. In markets which haven’t always been recognised as tech leaders, we provide the foundation for real change.”
Dave Brooks, Head of Insurance at NTT DATA UK&I, added: “This partnership highlights NTT DATA’s continued growth into the insurance market, as we support yet another leading player in the industry with its transformation journey. At NTT DATA, we are committed to forming longstanding relationships with our clients and partners, building bespoke and innovative solutions to match their specific needs. We look forward to supporting iPipeline, both now and well into the future, with its goals for growth on a global scale.”
