$5 million investment and the creation of a hundred jobs at V-NEO

QUEBEC CITY, Dec. 3, 2015 /CNW Telbec/ - V-NEO is proud to announce the creation of its Innovation and Performance Centre totally dedicated to the insurance industry, the first of its kind in North America. This initiative, which represents an investment of $5 million over 3 years, will result in the creation of a hundred jobs, mostly in Quebec City, but also across borders.

The establishment of this centre will enable V-NEO to maximize the sharing of its expertise and knowledge, enhance its services and design, and increasingly offer innovative solutions. It will also bring together professionals who can contribute to the achievement of organizational and technological transformation projects, on a local, national and international level.

This investment confirms that V-NEO is committed to further develop its expertise in order to support its customers in meeting the great transformation challenges of the current market. "The insurance market is experiencing a period of great change and transformation of its business models. To face these challenges, insurers must innovate, take a customer-focused digital shift and replace outdated computer systems with modern and flexible software. Since the beginning of V-NEO, the demand for our expertise has grown steadily and now comes from everywhere around the world. The establishment of this centre will allow us to meet this demand and accelerate our commitment to innovation," confided Mr. Alain Lamothe, President of V-NEO.

To strengthen its expertise, V-NEO partners with leaders in the software industry. In property and casualty insurance,  V-NEO is a member of the Guidewire's PartnerConnect Program, offering a complete and specialized software suite, recognized and adopted by the majority of the industry. The success of V-NEO in Guidewire's projects has been recognized by two "Innovation Awards" presented in San Francisco in 2013 and 2015. In addition, V-NEO is currently negotiating a second partnership with a major provider of personal insurance software solutions.

The Innovation and Performance Centre, whose headquarters will be located in Quebec City, will host a multidisciplinary team with various state-of-the-art expertises. Workspaces will be equipped with cutting-edge collaboration tools and will rely fully on the Cloud, enabling the sharing of knowledge regardless of geographical borders. In addition to providing career opportunities for professionals wanting to work in an innovative environment, V-NEO also offers the opportunity to work abroad. Interested candidates can already submit their application to info@v-neo.com.

About V-NEO
Founded in 2010, V-NEO is a Consulting Firm that specializes in property, casualty and personal insurance. It provides consulting services in business and enterprise architecture, IT solutions and the coordination of major transformation projects throughout the solution implementation process, from the strategy, selection, and planning, to delivery and value creation within the organization. V-NEO has experienced tremendous growth and has more than 90 professionals in three offices (Quebec City, Toronto and Brussels). Furthermore, V-NEO is a Guidewire PartnerConnect affiliate since March 2014. For more information, please visit www.v-neo.com.



Image with caption: "Logo : V-NEO (CNW Group/V-NEO)". Image available at: http://photos.newswire.ca/images/download/20151203_C8923_PHOTO_EN_557865.jpg

For further information: Annie Daigle, Communications Director, +1-418-780-0801, annie.daigle@v-neo.com


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