IAA was developed in collaboration with over 40 insurance companies. It is a standards-based business and IT architecture framework for a range of business challenges such as core system and process renewal, and statutory and regulatory reporting.

IBM says that the core benefits of the IAA approach include accelerated business requirements analysis, reduced project time and implementation risk, easier integration with existing systems, and lower long-term maintenance costs.

Unisys’ insurance tools are designed to enhance administration processes for life, annuity and property and casualty products. Built with the IBM Rational toolset, the tools leverage a portfolio of J2EE components designed for service oriented architecture (SOA).

The alignment between Unisys and IBM brings insurance clients advanced design and a model-driven approach to development and deployment. As with Unisys 3D-VE, this alignment also brings closer IT and business architectures, helping our customers feel secure in knowing that their operations are effective and efficient, said Jerry Albright, managing partner of the global insurance practice at Unisys.