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Business, Technology,
Methodology- Expertise³

ConVista and Eos Venture Partners Form Strategic Partnership

31/05/2017

Partnership helps insurance companies get ahead of digital disruption



ConVista Consulting A. G., a global IT and business consulting firm with offices in 14 countries, has partnered with Eos Venture Partners (or “Eos”), a leading InsurTech investor with offices in London, Philadelphia and Palo Alto, to help insurance companies get ahead of digital disruption.

Eos Venture Partners is an InsurTech investor known for bridging the divide between the traditional insurance markets and the rapidly expanding markets for insurance startups.  Eos has invested in six of the leading InsurTech startups, and is working with ConVista Consulting A. G. (or “ConVista”) to help these startups work with insurance companies to effectively implement and integrate these solutions.

“The insurance industry is going through unprecedented change and our clients are looking to us to help them make the right decisions on which technology to grow their business,” said Martin Hinz, Co-CEO of ConVista, continuing, “working with Eos we are able to keep abreast of this rapidly changing environment and leverage their expert insight into the top technologies.”             

Eos is an “insurer-focused” InsurTech investor, and looks for those technologies that insurance companies can use to grow and optimize their business. “By working with ConVista, the companies that we invest in, like RightIndem and DigitalFinePrint, can put their energy into developing their software, while using ConVista to focus on the critical task of implementation and systems integration,” said Jonathan Kalman, General Partner, Eos.

“Another critical benefit of working with ConVista is that our portfolio companies can pre-integrate with OneDigitalOffice, ConVista’s leading digital front office platform,” added Sam Evans, founder and General Partner of Eos, “Giving insurance companies a huge advantage when trying to lower the cost of service or add new business onto the books faster.”

OneDigitalOffice is a leading digital front office platform that is the first solution to provide the ability to have digital access to any product via any channel, quickly and cost-effectively.  Built upon a Java-based architecture, OneDigitalOffice encompasses a broad range of business functionality, including origination, binding, billing, first notice of loss, and claim handling. OneDigitalOffice unifies all of an insurance carrier’s customer engagement onto a single platform. The architecture is designed to integrate with next generation and legacy insurance middle offices.

 

About ConVista Consulting A. G.

ConVista has its global headquarters in Cologne, Germany, with US operations in Philadelphia, PA.  Since 1999, ConVista combines business consulting with extensive technical and methodological expertise.  ConVista supports its insurance customers across the entire value chain, including front office, core insurance and back office solutions. 

 

About Eos Venture Partners

Eos Venture Partners is an independent and specialist InsurTech investor bridging the divide between the traditional insurance markets and the new InsurTech environment for its strategic investors/insurers. Eos Venture Partners provides financing and advisory services to leading entrepreneurs building innovative businesses in the insurance sector, offering a unique solution for growth stage InsurTech companies.

 

About OneDigitalOffice

ConVista’s OneDigitalOffice is the industry-leading platform for insurance carriers to create a digital-first front office solution. By providing one platform that supports the entire insurance policy lifecycle from sales through service and claims handling to renewal, OneDigitalOffice is the antidote to digital disruption™. OneDigitalOffice users include agents, brokers, prospects, and policyholders, as well as insurance carrier employees and third parties. The open architecture of OneDigitalOffice allows carriers to extend their customer engagement experience through third-party InsurTech solutions. The advanced integration engine enables connecting OneDigitalOffice with back-office and third-party systems.​