ILOG JRules to Automate Underwriting Process for Aviva Canada
(Nasdaq: ILOG; Euronext: ILO, ISIN: FR0004042364) today announced that Aviva
Canada Inc., a leading property and casualty insurance group, selected ILOG
JRules(R), a key offering in ILOG’s business rule management system (BRMS)
product line, to automate its underwriting process for personal lines. With
the new BRMS-based platform, which will support Aviva’s partners and
customers, the carrier expects to achieve significant speed-to-market gains by
being able to implement rule changes that govern certain underwriting
processes in days or real-time and with rule execution occurring in
milliseconds.
ILOG JRules is a key component of
platform, an e-commerce foundation that will enhance the company’s ability to
conduct business using web-based technologies. Based on a service-oriented
architecture (SOA) that also includes IBM Websphere, the platform delivers the
agility needed to create shared services that can be leveraged across
applications and lines of business.
Insurance Application Architecture (IAA) and is currently looking at evolving
their platform to take advantage of this framework. Since ILOG JRules allows
business rules to be exposed as decision services in a SOA, the carrier plans
to use the BRMS to automate other processes in the future such as claims and
underwriting commercial lines.
Aviva Canada Inc. provides home, automobile and business insurance and
premier claims service to millions of Canadians. The carrier is a wholly-owned
subsidiary of Aviva plc, the world’s fifth largest insurance group. In
choosing ILOG JRules,
and centrally maintain business rules for its underwriting process. ILOG
JRules is used to automate functions such as eligibility, risk assessment,
pricing, referrals, data validation and application flow as well as product
selection. By maintaining business rules in a centralized rule repository, the
carrier can ensure greater consistency, control and auditability of how rules
are being enforced and assess their impact on the overall process.
“We selected ILOG JRules because of its ease-of-use, advanced rule
management capabilities for business and IT users, and tight integration in a
service-oriented architecture,” said
ILOG’s track record as a BRMS provider and the support we received from ILOG
were also deciding factors for us choosing JRules.”
ILOG has consistently built on its history of product innovation to make
it one of the industry’s leading providers of business rule management system
(BRMS). Forrester Research has recognized ILOG as a resounding leader in
business rule platforms, including the sole leader in rule platforms for .NET,
a leader in business rule platforms for Java, for business analysts and for
overall feature sets. Customers of ILOG’s award-winning BRMS products include
eBay, Equifax,
Global 2000 companies and governments worldwide. ILOG’s BRMS product line
includes ILOG JRules, ILOG Rules for .NET and ILOG Rules for COBOL. To learn
more about ILOG’s BRMS products, please visit
http://www.ilog.com/products/businessrules.
About ILOG
ILOG delivers software and services that empower customers to make better
decisions faster and manage change and complexity. Over 3,000 corporations and
more than 465 leading software vendors rely on ILOG’s market-leading business
rule management systems (BRMS), supply chain applications and optimization and
visualization software components, to achieve dramatic returns on investment,
create market-defining products and services, and sharpen their competitive
edge. ILOG was founded in 1987 and employs more than 850 people worldwide. For
more information, please visit http://www.ilog.com.
ILOG is a registered trademark of ILOG, Inc. and ILOG S.A. JRules is a
registered trademark of ILOG S.A. All other trademarks are the properties of
their respective owners.
SOURCE ILOG