Country for PR: United States
Contributor: PR Newswire New York
Thursday, July 07 2022 - 17:00
Zurich Insurance Germany Selects Cognizant as Strategic IT Partner to Transform its General Insurance Application Landscape
TEANECK, N.J., July 7, 2022 /PRNewswire-AsiaNet/ --

-- Multi-year agreement will transform the insurer's applications to enhance 
the digital experience of its customers and partners in Germany

Cognizant ( 
) today announced that it has extended its relationship with Zurich 
Beteiligungs-AG, the German subsidiary of global insurance leader Zurich 
Insurance Group (Zurich), to help Zurich Germany deliver more digital services 
offerings to its clients and partners. As part of the new multi-year agreement, 
Cognizant will work closely with Zurich Germany to simplify, modernize, and 
manage and maintain the insurer's enterprise application landscape in the 
General Insurance domain. The partnership will establish joint DevOps teams and 
is designed to extend Zurich Germany's artificial intelligence (AI), data, 
software engineering and cloud capabilities.

Logo - 

By bringing together Zurich Germany's applications in its General Insurance 
domain under the joint management of inhouse IT and Cognizant as key strategic 
IT services provider, Zurich Germany is expected to reduce the total cost of 
ownership, speed up the time to market of new digital services and products, 
and lay the foundation for further digital and agile enablement of the 

"Zurich is on an ongoing journey of 'accelerated digital evolution' to meet the 
rapidly changing needs of our customers and partners and creating a more 
intimate connection with them. Cognizant has proven itself as a knowledgeable 
and reliable strategic partner, and we look forward to further capitalizing on 
its industry expertise to help us advance our digital transformation," said 
Jens Becker, chief information officer, Zurich Germany.

The new agreement builds on and significantly expands the two companies' 
existing agreement, under which Cognizant successfully implemented and manage 
and maintain Zurich's General Insurance products on Guidewire.

"Innovative, forward-thinking clients like Zurich understand the importance of 
collaborating with a strategic IT partner to help them achieve their digital 
transformation and meet their business objectives," said Dr. Rolf Werner, head 
of Germany, Austria and Switzerland, Cognizant. "Cognizant is pleased to have 
been selected by Zurich to expand our successful collaboration, and we will 
apply our deep expertise in application modernization, development and 
maintenance, along with our in-depth knowledge of the insurance industry, to 
deliver even more value and help Zurich meet its customers' needs."

About Zurich Group Germany

Zurich Group Germany is part of the worldwide operating Zurich Insurance Group. 
With a premium income (2021) of about EUR 6.3 bn, investments of EUR 53 bn and 
about 4,500 employees, it is among the leading insurers in Germany with a wide 
range of property and life insurance products. Zurich offers innovative, 
powerful and sustainable products and solutions for insurance, prevention and 
risk management from a single source. Reflecting its purpose to 'create a 
brighter future together', Zurich aspires to be one of the most responsible and 
impactful businesses in the world. 

About Cognizant

Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients 
modernize technology, reimagine processes and transform experiences so they can 
stay ahead in our fast-changing world. Together, we're improving everyday life. 
See how at or @cognizant.

For more information, contact:

Jodi Sorensen

Europe / APAC
Christina Schneider 

Rashmi Vasisht               

SOURCE: Cognizant