Contrary to what you might think, given its staid image, the insurance industry is a big early-adopter user of XML [can you still say "early adopter" and XML in the same sentence, when XML is almost a decade old? I can remember where I was sitting when I first heard about XML. Maybe another blog post about that sometime.]. Vordel counts many insurance companies in its customer base. All are using XML in ways that increase their ability to deploy new products and to deploy new connections to banks and agents.
Allianz Ireland is using Vordel's products to manage its XML-based communications with banks (who resell insurance) and insurance agents (or "brokers" as people say on the right-hand side of the Atlantic). Allianz Ireland is part of the worldwide Allianz group, the world's No.2 insurer.
It's an interesting case study including mainframes and virtualisation.
Here's the scoop:
Insurance company Allianz Ireland deploys Vordel to secure the streamlining of online services to banks and insurance agents
Vordel rapidly becoming the Web Services security vendor of choice for insurance industry with signing of World's No. 2 insurer
Dublin, October 3, 2006- Vordel, the SOA security and management company, today announced that Allianz Ireland, a member of the world's second largest insurer, has successfully deployed Vordel's award winning XML gateway product, VordelSecure, to secure its online offerings in its sales distribution channels.
Allianz is using Web Services technologies to streamline the delivery of insurance policy products to third party banking and broker partners in its Irish-based distribution channels. The adoption of a services oriented architecture approach to delivering insurance products is enabling Allianz achieve greater efficiencies in time to market and streamlining back-office integration with sales intermediaries' administrative operations. The Vordel solution provides the critical SOA security and management framework to enable Allianz roll out these services in a secure and managed fashion.
Mark Cooke, Enterprise Architect at Allianz, with responsibility for the deployment of this SOA said: "When selecting the security framework we required a defence solution to meet our immediate requirements of enforcing perimeter security for the initial roll out of Web Services."
"However, we also required an enterprise solution that would scale as our services-based transaction volumes increased and would enable both security and internal management of these services. Vordel has successfully delivered on all fronts" commented Cooke.
Vic Morris, Vordel CEO commenting on this latest insurance company win said "The significance of our Allianz relationship is that it consolidates Vordel's dominant position in the insurance industry as the SOA Security and management vendor of choice."
Our success with Allianz is testimony to our extensive insurance vertical expertise. Combined with our leading edge technology, we enable customers rollout their SOA infrastructures free of the constraints of ongoing development costs and comfortable in the knowledge that industry compliance and security regulations are addressed," continued Morris.
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