Provident Insurance have selected ICE InsureTech to accelerate their transformation plans

Apr 26, 2023 | Press Releases

Provident Insurance will be launching with both ICE Policy and ICE Claims – benefiting from the full ICE Insurance Suite.

Why ICE?

Everything is simplified with ICE. The ICE Platform will empower Provident to:

  • Significantly enhance their business processes
  • Utilise ICE’s no code self-build capability
  • Be fully self-sufficient and launch products without a reliance on ICE
  • Utilise ICE’s extensive API capability to connect their own digital portal, this will allow them to trade via an extensive dealer network
  • Enable them to go after new and exciting insurance opportunities

How were ICE selected?

Provident were keen to review ICE’s functionality, capability and the feasibility of using their platforms.

After an extensive vendor selection process with a number of sales stages, ICE was selected to be Provident’s transformation partner.

It was an enjoyable sales experience, cementing a strong partnership between both parties and an open working relationship.

Next Steps

The teams will be working closely together in launching Provident on ICE Policy and ICE Claims. The ICE team have already been over to Provident’s headquarters’ in New Zealand to kick off their discovery and get the implementations rolling.

This is an incredibly exciting opportunity for ICE to build their presence in a new territory and to enter the New Zealand Insurance market.

Paul Natac, CIO at Provident Insurance said “ICE is the insurance platform provider that holds the key that unlocks a world of possibilities for our company. With their cutting-edge technology and expertise, we are excited to realise our full potential and take the lead in the market, offering innovative products and unparalleled customer experiences. We are looking forward to embracing this partnership and watching our pipeline of opportunities flourish”

Andrew Passfield, CEO at ICE InsureTech said, “We are delighted to be partnering with Provident Insurance. This new transformation partnership will accelerate Provident’s operations whilst launching ICE into a new territory – opening new and innovative opportunities for growth. The ICE teams’ extensive experience and strong motor expertise will equip Provident with the tools to launch their next exciting venture.”

 

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