Nationwide Financial Selects Polaris' Intellect® Claims Solution

Chennai, Tamil Nadu, India, Thursday, September 26, 2013 -- (Business Wire
Polaris Financial Technology Limited, a leader in products, solutions and
services that enable unprecedented operational productivity for the global
Financial Services industry, today announced that Nationwide Financial has
chosen to implement Polaris' Intellect® Claims solution.  
Nationwide Financial has chosen to deploy Polaris' Intellect Claims solution
comprising a Claims workstation, service portal, and an integrated beneficiary
management system. 
The solution will allow Nationwide Financial to enhance their claims process,
improve the customer experience, demonstrate compliance with regulatory
requirements, and drive business transformation. In addition, Polaris will
provide integration services with several Life and Annuity administrative
platforms to provide a single user experience. 
“Polaris' solution was a good fit due to its flexibility in configuring the
claims process to fit our diverse needs and setup role based workstations, which
we believe will lead to a superior customer experience,” said Jeff Stein, Vice
President of Insurance Operations for Nationwide Financial. ”We think
Intellect Claims will help us comply with new regulatory requirements.” 
Commenting on the successful deal, Pranav Pasricha, Global Head, Insurance,
Polaris Financial Technology Limited said, "This is a significant win for
Polaris in the enterprise product space. It not only provides the required
validation for our product in the Life insurance market, but also paves the way
to build a bigger brand in the North American insurance market. Polaris'
partnership with Nationwide further enhances our ability to demonstrate our
expertise and leadership in the insurance and financial services markets.” 
Intellect Claims is built using components and frameworks that accelerate
delivery and connect to legacy systems, providing seamless integration and
straight through processing for critical business processes. As a quick,
accurate and easy end-to-end claims processing solution, Intellect Claims' rapid
configurability meets the customer's exact business requirements. 
About Nationwide 
Nationwide, based in Columbus, Ohio, is one of the largest and strongest
diversified insurance and financial services organizations in the U.S. and is
rated A+ by both A.M. Best and Standard & Poor's. The company provides customers
a full range of insurance and financial services, including auto insurance,
motorcycle, boat, homeowners, pet, life insurance, farm, commercial insurance,
annuities, mortgages, mutual funds, pensions, long-term savings plans and
specialty health services. For more information, visit 
About Polaris Financial Technology Limited 
Polaris Financial Technology Limited is a global leader in Financial Technology
for Insurance, Banking, and Financial Services with 7 of the top 10 insurers and
9 of the top 10 banks as partners. With over 25 years of expertise in building a
comprehensive portfolio of products, smart legacy modernization services and
consulting, Polaris owns the largest set of Intellectual Properties in the form
of a comprehensive product suite, Intellect® which is the world's first pure
play Service Oriented Architecture (SOA) based application suite for Insurance,
Retail, Corporate, and Investment banking. Polaris has 40 relationship offices
across 30 countries, 6 international development centers and 8 fully owned
business solution centers. Polaris has a talent strength of over 13,000 solution
architects, domain and technology experts. For more information, please visit 
For press backgrounder on Polaris Financial Technology Ltd. click here 
Media contact details 
Minal Sahani, For Media related info,
Polaris Financial Technology Ltd,
+91 91766 26468, 
G. Sunanthy Devi, For Investor related info,
Polaris Financial Technology Ltd,
+91 8939933564, 
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-0- Sep/26/2013 12:51 GMT
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