WEST BEND, WI (June 29, 2023) – West Bend Mutual Insurance Company is listed among a group of winning companies for the 2023 Insurance Technology Impact Awards. The program recognizes insurer IT initiatives and projects that have generated real business impact for their organizations. Over 60 technology projects were submitted for consideration in the 2023 program, and dozens of insurer technology leaders voted for the winners. West Bend was recognized for modernizing new business submissions and underwriting in the core systems category.
"The Impact Awards gives us an opportunity to spotlight exemplary insurer IT efforts and showcase the ways insurers are using technology to understand risk, improve sales and customer experience, and streamline business processes," says Harry Huberty, Head of CIO Research at Datos Insights. The Awards are distinct in being purely peer-juried; no vendors, consultants, journalists, or members of Datos Insights participate in the voting.
"I'm proud of what we've accomplished," stated Murali Natarajan, SVP and chief information officer for West Bend. "Automating the submission processes has enabled West Bend to leverage touchless data extraction from multiple data sources with a high level of accuracy. It reduces the overall cycle time, improves data quality, and leads to more comprehensive risk assessment and informed decision making."