IGO Expands to Target North American Insurance Market

Insurance Global Operations (IGO) announces it has expanded its operation to North America after establishing itself as a software solution provider to the insurance market with carrier clients throughout Europe and Africa.  The company's North American operation is being spearheaded by North American CEO Didier Lamour, and is headquartered in Minneapolis with a regional office in New York.

As part of the introduction to the North American market, the IGO6 collaborative insurance administration platform is being made immediately available to North American insurers.  While the IGO6 offering is administering a wide range of P&C products, IGO is building on its platform to also provide solutions to the North American Group Life market. 

“While many property & casualty core systems—and a few life/health/annuity core systems—are now modern, only a handful are truly innovative. There's always room in the core systems market for an innovative solution,” says Chad Hersh, managing director for the insurance practice at Novarica.

Based on its prior experience in group life, and after evaluating the North American insurance market to identify the area of greatest need, IGO concluded the group life market is underserved by technology, with few modern administration solutions available that are capable of meeting the market's automation, collaboration. and processing needs.

“We congratulate IGO on the expansion to the North American market and we are confident they will meet with success as companies like ours are always looking for quality partners like IGO that deliver as promised,” says Kelly Lyles, CEO of AIG France. “With IGO, AIG France has been able to bring new levels of automation, collaboration, and efficiency to the operation, helping us achieve aggressive growth without adding significantly to expenses.”

“This is the ideal time for IGO to expand to North America,” says Olivier Jaillon, chairman and CEO of IGO. “We spent three years developing our IGO6 solution and have enjoyed a good deal of early success in Europe and Africa since the offering's initial release in 2012. While we know there are a lot of insurance administration solution providers, we feel there is a need to shake up the status quo and that it's the right time for the disruptive application of technology in insurance.”