SOURCE: Pegasystems

Pegasystems

June 06, 2016 09:00 ET

Allianz Germany Chooses Pega for Digital Transformation

LAS VEGAS, NV--(Marketwired - June 06, 2016) - Leading health insurer Allianz Health Insurance Germany announced at the annual Pegaworld conference that it has selected Pegasystems Inc. (NASDAQ: PEGA), the software company empowering the world's leading enterprises with strategic business applications, to help provide its customers with an even more comprehensive digital service. Allianz Health Insurance currently manages EUR30 billion in assets and insures 2.5 million people across Germany. The project enables Allianz to meet the changing needs of fast and agile customers, while at the same time ensuring the required levels of stability and reliability.

To achieve its goal, Allianz Health Insurance is using Pegasystems' Pega 7 rules-based technology as a middle layer in its IT systems. The integration will allow Allianz to achieve a seamless data flow between its agile customer applications and the insurance professional core systems. This will enable a faster and continuous transaction processing and increase the automation of processes.

Quotes & Commentary

"As an insurance company, we need stability and reliability in our IT systems. However, as a customer focused company, we must also balance that requirement with the need to remain agile and fast to meet changing customer demands," said Dr. Birgit König, CEO, Allianz Health Insurance. "Working with Pega has allowed us to reach the balance. It has changed the way we work as well and we've already seen a significant improvement in our work efficiency and quality."

"I'm proud Allianz has chosen to embark on this critical business transformation project with Pega," said Alan Trefler, founder and CEO, Pegasystems. "The increased efficiencies the organization is already seeing demonstrate the power of delivering full end-to-end digital services. We're looking forward to partnering with Allianz Health Insurance as they realize their long-term digital transformation ambitions."

About Pegasystems

Pegasystems (NASDAQ: PEGA) develops strategic applications for marketing, sales, service, and operations. Pega's applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pega's Global 3000 customers include many of the world's most sophisticated and successful enterprises. Pega's applications, available in the cloud or on-premises, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients' strategic business needs. Pega's clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use and global scale. For more information, please visit us at www.pega.com.

About Allianz Private Krankenversicherungs-AG

The Allianz Group is a global financial services provider with services predominantly in the insurance and asset management business. Our products are mainly provided by Allianz Versicherungs-AG (Allianz Sach), Allianz Lebensversicherungs-AG (Allianz Leben) and Allianz Private Krankenversicherungs-AG (Allianz Private Kranken). Through Allianz Private Kranken (APKV) we provide a wide range of health insurance products, including full private health care coverage, supplementary health and long-term care insurance, as well as foreign travel medical insurance. Also, within the Allianz digitalization strategy, APKV established a number of digital services and processes, such as the photo app for claims, which enables customers to interact more easily and efficiently in all matters of health insurance.

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