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Farmers Insurance Group Wins Innovation Solution Award From Information ManagementPegasystems' Technology Enables Farmers to Transform Its Claims Operations (November 22, 2011)
CAMBRIDGE, MA -- (Marketwire) -- 11/22/11 -- Pegasystems Inc. (NASDAQ: PEGA), the leader in Business Process Management (BPM) and software for customer centricity, today announced that one of its clients, Farmers Insurance Group, has been recognized for success and innovation in connection with its claims handling system which is driven by Pega technology. Farmers was named a 2011 Innovative Solution Award winner by Information Management magazine for its standout claims application.
The recognition marks the fifth award Farmers has received in the last year. The Innovative Solution Award recognizes groundbreaking initiatives that bring constructive change and provide quantifiable business value in organizations working to manage information as an asset. Winning projects involve new technologies or the adaptation of existing technology in a new use or different domain, or in combination, to create new value.
Quotes & Commentary:
Julie Langenkamp, Editor-in-Chief, Information Management
"This example showed an innovative development model for the solution needs. As part of the unique approach, executives met directly with IT staff and this tight collaboration enabled Farmers to achieve clear, sustainable business benefits that transformed the business operation."
Grant Johnson, Chief Marketing Officer, Pegasystems
"We are pleased that Farmers Insurance has received further recognition for achieving significant business results. Pegasystems' unique Build for Change® technology is driving rapid time to value and increasing customer centricity for many of our client organizations. In this age of customer empowerment, those achievements are more important than ever."
To read more about Pega's insurance solutions, visit: http://www.pega.com/industries/insurance/bpm-insurance.asp
To read more about Pega insurance customers' successes, visit: http://www.pega.com/industries/insurance/customer-success.asp
Pegasystems, the leader in business process management and software for customer centricity, helps organizations enhance customer loyalty, generate new business, and improve productivity. Our patented Build for Change® technology speeds the delivery of critical business solutions by directly capturing business objectives and eliminating manual programming. Pegasystems enables clients to quickly adapt to changing business conditions in order to outperform the competition. For more information, please visit us at www.pega.com.
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