We are thrilled to announce that GENIISYS continues to revolutionize the insurance industry, with three companies going live this year.
Corporate Guarantee Insurance Company
Corporate Guarantee Insurance Company (CG) is a leading non-life insurance provider established on July 25, 1997, in San Fernando, Pampanga. For over two decades, CG has offered Motor, Fire, Casualty, Cargo, and Bonds insurance, solidifying its position among the top 25 non-life insurance companies in the Philippines.
CG was the first company to go live in January 2024, at its Head Office in San Fernando, Pampanga. CG is experiencing the benefits of streamlined policy processing, reduced turnaround times, and improved claims management. Automated workflows have minimized manual tasks and redundancies. Overall, operational efficiencies are being achieved.
Premier Life and General Assurance Corporation
Premier Life and General Assurance Corporation (PLGAC) has been a trusted name in non-life insurance since its establishment on October 20, 1964, in Manila, Philippines. For over 50 years, the company has provided Motor, Property, Casualty, Marine Cargo, and Bonds insurance. In June 2022, PLGAC expanded its services to include life insurance, reflecting its growing commitment to comprehensive coverage.
In February 2024, PLGAC implemented GENIISYS at its Head Office in Manila City, strengthening its compliance and data management capabilities. This transition has streamlined regulatory reporting, enhanced underwriting accuracy, and optimized policy issuance. With improved risk assessment tools and data-driven decision-making, PLGAC is now more agile and responsive to market demands.
Visayan Surety & Insurance Corporation
Founded on July 14, 1931, in Cebu City, Visayan Surety & Insurance Corporation (VSIC) has been a pillar of non-life insurance for over 90 years. With 15 branches nationwide, VSIC continues to provide Motor, Property, Casualty, Marine Cargo, and Bonds insurance, reinforcing its legacy as a trusted insurer in the Philippines.
In July 2024, VSIC completed its GENIISYS implementation at its Head Office in Cebu City, prioritizing connectivity and real-time data synchronization across its branches. The system has enhanced operational consistency, reduced processing delays, and improved accessibility to critical policy and claims information. With a more connected network, VSIC ensures seamless service delivery across all locations.
Powering the Future of Insurance Operations
GENIISYS provides seamless integration across all core functions, including marketing, policy administration, underwriting, reinsurance, claims, accounting, and finance. By automating processes and enhancing data accuracy, it empowers insurance companies to boost efficiency, maintain regulatory compliance, and ensure data integrity.
As more companies embrace GENIISYS, we remain committed to driving innovation and supporting the evolving needs of the insurance industry.
Contact us to learn more and let us help you Engineer Success today!
