Passionate to deliver
REGULATION VS. DISRUPTION, TOUGH TIMES FOR INSURERS!
You, insurers, already under constantly evolving regulation (Solvency II, MIFID II, Priips…), are now confronted to:
Disruption : clients are seeking direct capital-related protection & services.
Vermeg delivers open-architecture applets & servicing for time-to-market business.
Disintermediation : your clients are expecting unlevelled availability and immediate valuable servicing.
Vermeg delivers on-time reporting and data management.
Digitalisation : as client are connected “24/7”, your back-office requires lean processing and data protection.
Vermeg delivers back-office as a commodity, with a real-time digital connection.
Solife© is a comprehensive and best-of-breed Policy Administration System, designed by and for Insurers, upon a 20-year knowledge and practice of user experience.
It enables Life and Health Insurance Companies to manage end-to-end their new businesses, policies and claims, with all required supporting features: cash & events management, accounting feed, distribution and fees management, reinsurance, tax & legal, dedicated reporting, claims management...
Solife© extensive library of API’s enables seamless integration with banking networks, intermediaries & partners, digital insurance portals. For faster turn-key deployment, you might prefer Solife© native Digital process layer, using state-of-the-art technology along with multi-device responsive design.
Solife© is your best answer, either for Greenfield Delivery and/or Legacy
Client orientation & defragmentation as Solife© is a comprehensive solution covering both group & individual Insurance for savings, protection and health within One single solution
Continuous update on legal evolutions (Mifid, Priips, IMD2, …)
Consistent & STP Backbone for digital processings (APIs, Responsive design, digital signing…)
Significant reduction of administration cost, thanks to the high level of automation
Time-to-market delivery thanks to unrivaled flexible and easy to use product-design workbench
Built-in multi-distribution design
Our client is a major Insurer in France, acting as a factory for Life Insurance & Savings Contracts, in a highly multi-distributed context, serving multiple banks and various distribution networks.
He already had a sound market position in Savings Business, but not yet the desired market share in Protection Business. Existing in house Legacy Systems, Closed-Architecture and Team Culture did not enable to deal with this strategic Market evolution.
His ambitions were to :
After 8-month Project, he has built with Vermeg & Solife© solutions a common success :
As a Luxemburg subsidiary of a large European Insurance company, our Client had to seize an immediate opportunity for a new Business. This opportunity required the Setup of a multi-branch & multi-fund Hub in Luxemburg.
Acting as a One-stop shopping partner, Vermeg delivered comprehensive solutions with Solife© and added-value Servicing. After 1.5-month Project :
With Solife© & Vermeg’s Managed Services, experience how to :