Capgemini, a provider of consulting, technology and outsourcing services, released its Platform-as-a-Service (PaaS) offering for the property and casualty insurance market.

Capgemini's Insurance Connect combines technology and core processing efficiency to deliver end-to-end integration of “best in class” claims, policy administration and billing services for small to mid-sized carriers. This solution provides insurers with implementation, integration, maintenance and hosting on one platform, and is available for a monthly subscription fee. 

Capgemini's Insurance Connect is currently available in North America for carriers writing Non-Standard Auto insurance and will be expanded to cover Specialty Commercial lines of business in North America and the U.K. within the next year.

Capgemini's Insurance Connect is a pre-configured set of optimized services, leveraging Guidewire InsuranceSuite, tailored for specific market segments and supported in a hosted, private-cloud environment. The advantages of this solution include access to best-in-class technologies, lower cost of entry, increased speed to market, predictability in total cost of operations, and a flexible subscription-based model.