Bangalore, June 26: FirstApex on Thursday announced the launch of FirstApex Europe to address the business and technology challenges facing European insurers, with a mix of software and services. "The new company, with offices in the city of London, is set to be a major player in the insurance/IT sector," a company release said.

"With the capability of off-shore resources allied to market specific knowledge, FirstApex Europe offers insurers support propositions that will dramatically cut the cost of maintaining legacy applications and IT Infrastructure,” the release said.
With the ever-changing business needs of insurers, FirstApex Europe has a series of supplementary software components that integrate with and extend the functionality of existing applications in key areas such as claims and supply chain management, channel management, data warehousing and first notice of loss, the release said. Bureau Report