Jun 27, 2016

Intellect SEEC Achieves Verafied status

New York and Chennai – June 27, 2016 – Intellect SEEC, the insurance software division of Intellect Design Arena earns the VerAfied status for the company’s Intellect Distribution and Service Suite. The newly achieved status demonstrates that Intellect is committed to developing secure software products and digital platforms for their customers, shortening the company’s sales cycle and giving them a competitive advantage over companies offering similar solutions.

The VerAfied status offered by Veracode demonstrates that Intellect SEEC is actively identifying and remediating vulnerabilities to provide its customers with one of the highest levels of software assurance and security verification. In addition to proving Intellect SEEC’s capability, it is a clear indicator to the customer base that the company’s security has met or exceeded industry standards for security, reliability and compliance.

Intellect Distribution and Service Suite is the first integrated end-to-end digital solution for life and annuities. The single platform powers three channels that of advisor, call center and direct-to-customer. The device-responsive design renders a consistent experience across web and mobile. This powerful suite of seven apps is built on modern scalable technology that fully protects and securely handles business critical information throughout the insurance lifecycle.

Commenting on the certification, Pranav Pasricha, CEO, Intellect SEEC, Intellect Design Arena, said, “Insurance industry is in the throes of a major restructuring of technology infrastructure. As insurance carrier organizations are increasingly opting for cloud-based, virtualized solutions, the likelihood of encountering complex security risks has increased. Secure development practice is imbibed in the ethos of Intellect. In addition to the robust product experience, we want to extend the most secure environment in which sensitive and confidential information is exchanged. Achieving VerAfied status, an independent and third-party verification is a testimony to our commitment to providing a secure business environment.”

“We are finding that CIOs and CSOs are asking their purchasing teams to take security into consideration when procuring new applications. For this reason, it is important that software vendors find a way to demonstrate that their software is built using secure development practices,” said Chris Wysopal, CTO and CISO, Veracode. “The VerAfied mark tells the world that Intellect SEEC is assessing for application vulnerabilities and complying with industry standards, but more importantly, it lets their customers know Intellect SEEC is a vendor they can trust to keep their data secure.”