TIA Technology's core insurance solution launched at Zurich Colombia

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With the launch of their new commercial-line insurance business in Colombia, TIA Technology helps Zurich to build a strong market position in a dynamic market.

“TIA is Zurich’s standard solution for small and midsized markets. The flexibility of the TIA Solution helps us to adapt proactively to the dynamics of the Colombian market,” says Claudia Dill, CEO, Zurich Latin America.

TIA Technology (TIA) announces that Zurich Insurance Group, (Zurich) one of the world’s global insurance providers, has deployed the TIA core solution to help them start up their business in the fast-moving Colombian market. The TIA core solution was implemented by Accenture for policy administration, claims management and reinsurance, supporting the latest addition to their Latin American business - Zurich Colombia Seguros.
The cooperation between Zurich, TIA Technology and Accenture has resulted in a successful and timely deployment of the TIA core insurance solution for Zurich Colombia Seguros.

”Everyone who is part of Zurich Colombia team feels proud of this achievement” says Victoria Bejarano, CEO Zurich Colombia. “We are now ready to position Zurich Brand in the Colombian market and contribute to Zurich’s business growth across the region”.

A strong foothold in emerging markets

Zurich has chosen the TIA Solution as the cornerstone for the group’s expansion into the South American markets. Zurich Colombia’s commercial-line products and reinsurance handling processes are all running on the TIA solution. Having chosen TIA’s open and modern core solution supports Zurich Colombia’s responsive and innovative digital insurance services helping them to become an early mover in the Colombian market.

TIA Solution is a flexible and efficient solution for an insurance provider operating in a booming high-energy marketplace such as Colombia. With a dynamic TIA backbone in place, this software solution will be the basis for Zurich’s Latin American businesses in the years to come.

Commitment to rapid delivery

Implementing a software solution for a new business - from the ground up - can be demanding and met with unforeseen challenges. It therefore helps to have a long-time strategic software partnership in place like the one TIA Technology and Zurich have developed. The two organizations have worked together to build up a software backbone for Zurich’s operations in other Latin American locations, including Brazil and Venezuela.

The long history of cooperation between TIA Technology, Zurich and Accenture contributed to a fast launch of the TIA Solution (version 7). The TIA Solution was up and running for Zurich Colombia in less than a year thanks to the dedication and cooperation of all parties involved in the implementation project.

“We congratulate Zurich Colombia with their successful implementation,” says Jakob Schou Meding, CEO of TIA Technology. “It has been a great experience working with a dedicated Zurich team on this project, and we look forward to continuing to support Zurich in new market expansions.”

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Jette Lundquist
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