Percana signs Eclipse License Contract with Anglo Irish Assurance
September 10th, Dublin – Percana Group announced to-day that Anglo Irish Assurance Company (AIAC) has selected its policy administration platform Eclipse as AIAC’s solution of choice to support its business operations. This new Eclipse license agreement consolidates Percana’s position as a leading solution and outsourcing provider to the Life and Pensions industry.
Ger Davis, CEO of Anglo Irish Assurance Company commenting on their decision to select Percana as preferred provider, “We carried out a detailed review of a number of systems available in the market and Eclipse emerged as the solution which provided the best fit for our technical and business requirements. From the outset of our discussions with Percana, they have demonstrated a keen understanding and awareness of our business needs, and how we intend to utilise technology as a means to enhance the capability and efficiency of our operations.”
Percana’s Eclipse product suite is an integrated Front, Middle & Back office enterprise platform, which manages the complete range of Life and Pension products over the full policy life cycle. Eclipse is a highly flexible, scalable and robust system designed and built using up to date client server technologies for the Life and Pensions market, which currently faces numerous challenges as the competitive landscape alters and new regulations come into force. Eclipse is unique in that it has been designed and built with Internet connectivity as a core delivery mechanism and uses XML throughout to accomplish both component integration and interfaces to external systems.
Paul O’Kane, Executive Chairman of Percana, commenting on the announcement said, “We are delighted that Anglo Irish Assurance has selected Eclipse as its preferred platform. Our licensing and implementation model is validated by virtue of the fact that companies such as AIAC, continue to select Percana’s solutions for their critical business and technology needs and the recognition of the unique benefits of our Life and Pension solutions.”
About Anglo Irish Assurance Company
Anglo Irish Assurance Company Ltd. is a wholly owned subsidiary of Anglo Irish Bank and was launched in January 2001 to provide investment and retirement services as part of the Group’s overall wealth management activities. Specifically, AIAC is a component of Wealth Management Ireland (WMI), which in turn is a major element of the Wealth Management Division of Anglo Irish Bank. AIAC offers a range of investment products based on assets in property, equities and bonds. These are structured through Investment Bonds and a comprehensive suite of pension products.
About Percana Group
Established in 1999, Percana Group provides mission critical software, outsourcing and consultancy services to the Life and Pensions industry. Its product and service offerings are based on the Eclipse Product Suite, which is used to manage a wide range of Life and Pension products efficiently, securely and cost effectively throughout their life cycle. Percana’s clients include Quinn Life, Commercial Union International Life, the Luxembourg Life arm of AVIVA PlC and Dentists’ Provident Society, the UK based income protection provider and Société Générale’s Irish subsidiary Inora Life.
