Copy data virtualisation firm Actifio has partnered with Charles Taylor InsureTech, the insurance technology business of the Charles Taylor Group.
The partnership will combine Actifio's copy data virtualisation technology solutions with Charles Taylor's 130 years of experience in serving the insurance industry.
The aim of the partnership is to complement the success Actifio is already experiencing in industries such as financial, manufacturing and the service provider market.
With around 1,700 employees across 28 countries, Charles Taylor enables insurance companies to work more efficiently by providing a range of professional services designed to address virtually any insurance matter.
Through its range of technical skills and insurance expertise, Charles Taylor manages mutual insurance companies, adjusts large and complex insurance claims and provides outsourced insurance services worldwide.
Charles Taylor recently launched Charles Taylor InsureTech to target the £90 billion global insurance technology market. The business brings together over 200 specialist insurance technology staff to deliver business transformation, solutions, analysis, systems development, implementation and support to clients in the global insurance market.
The relationship with Actifio is part of a range of key new strategic partnerships focused around technology that will strengthen the Charles Taylor InsureTech offering.
As a result of the digital transformation across all sectors, traditional approaches to data management such as backup, disaster recovery, test and application development, have become unsustainable.
Actifio's copy data virtualisation technology enables organisations to stay ahead of the curve, take control and maximise the value from their data, which has become a core asset for any business.
Charles Taylor InsureTech CEO Jason Sahota said: “Technology is starting to play an important role when it comes to the insurance industry, which is why Charles Taylor InsureTech has been created to address the challenges faced by our clients worldwide. By partnering with a modern solution provider like Actifio, we are equipping Charles Taylor InsureTech with the technological substance and expertise that will truly make a difference to the clients we serve.
"The success Actifio's copy data virtualisation solutions have achieved worldwide with hundreds of organisations across industries such as financial institutions and manufacturing has been very impressive, and has totally transformed many businesses. We believe this partnership represents an opportunity to mirror the success in the insurance sector."
Actifio international sales VP Patrick O'Donnell said: “As a forward-thinking company that is always looking at new ways to spread the benefits of copy data virtualisation to organisations across the globe, the opportunity to partner with Charles Taylor, a business with an incredible amount of history and knowledge of the insurance industry, is one we are very excited.
"As more companies within the insurance sector realise now is the time to modernise and remain competitive, partnerships such as this that get Actifio's copy data virtualisation technology on the radar of CIOs and IT departments are extremely valuable."