Insurances

In view of the deregulation of the regulatory and legal framework in recent years – such as Solvency II – the insurance environment is constantly facing new challenges in risk management and corporate management. On the other hand, increasing cost and competitive pressure are putting more and more insurers under pressure. Overcoming these challenges requires precise organisational structures, flexible processes and, of course, modern IT structures. Forward-looking and comprehensive IT systems are of immense importance for mastering the challenges ahead.

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More and more insurers are turning to standardized IT solutions that largely and consistently cover their insurance processes. SAP for Insurance is a convincing choice due to its modular structure, which ensures outstanding control of core processes through an integrated environment. Despite the excellent integration, the SAP Insurance Platform is consistently modular and flexible. Thanks to this fact, your individual requirements can be seamlessly combined and integrated into your possibly heterogeneous system landscape.

The following is our strategy model for reporting management in the insurance sector
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For more information, please download the following white paper. Please click here.

Business processes encompass and influence all areas of a company. They serve as an indicator of a company’s performance in measuring sales revenues, as well as services provided in upstream production stages, personnel costs and IT systems. The optimization of business performance starts with a well thought-out analysis and modeling of business processes and ends with their sustainable, efficient implementation and maintenance. To implement business processes, in-depth IT know-how is required. The technical knowledge is the basis for a successful completion of the performance optimization.

For more information, please download the following white paper. Please click here.

Our range of services for insurers includes:

  • Definition and optimization of core insurance processes
  • Product, process and policy management
  • Commission management
  • Risk Management
  • International Financial Reporting in Accordance with IFRS
  • Collection and disbursement
  • Management of financial assets
  • Handling of claims
  • Insurance Analytics

For more information, please download the following white paper. Please click here.