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Percana agrees Significant Eclipse License Deal with Dentists’ Provident Society

Dublin 1st June – Percana Group is pleased to announce that it has signed a multi-million Eclipse License agreement with Dentists Provident Society, the London based income protection provider.

Dentists’ Provident Society decided to implement Percana’s Eclipse policy administration solution after a rigorous and comprehensive evaluation of systems available in the European market.

Ian Passey, CEO of Dentists’ Provident Society said, “ After evaluating several policy administration platforms, we selected Percana’s Eclipse platform to manage our income protection portfolio. Percana are very different from other providers that we have seen in the market. During the selection process Percana consistently demonstrated to us that Eclipse can and will efficiently and effectively address our key business and technical requirements. We are very impressed with the quality and robustness of Eclipse. Percana’s extensive business knowledge and its proven track record in the successful deployment of its Eclipse were also key factors in our decision. We look forward to developing a strong partnership with Percana over the coming years.”

Percana’s Eclipse product suite is a comprehensive enterprise solution that can be used to manage an extensive and diverse range of Life and Pension products.Eclipse has been designed and built using up to date client server technologies for the Life and Pensions market, which currently faces numerous challenges as the competitive landscape alters and new regulations come into force. The solution is unique in that it has been designed and built with Internet connectivity as a core delivery mechanism and uses XML throughout to accomplish both component integration and interfaces to external systems.

Commenting on the announcement Paul O’Kane, CEO of Percana said, “We are delighted that Dentists’ Provident Society have selected Percana as their core administration provider. Dentists’ Provident are our first UK client and this deal is a major step forward for us in growing our UK client base. We are already talking with other similar mutual organisations. The UK has always been of great interest to us because of its proximity and more importantly because it’s the most sophisticated life assurance market in Europe.

These are very exciting times for Percana. We are due to publicise details of a new outsourcing client in the coming weeks and we are also in discussions with a number of other domestic and international Life and Pension providers.

Furthermore we are in an accelerated growth phase, which will see us expanding our existing operations by doubling revenue and staff numbers over the next 18 months.”