Eurobase International Group is pleased to announce that its insurance division, Eurobase Insurance Solutions, has successfully completed the implementation of its policy administration platform, synergy2, for Solen Versicherungen AG (Solen), a Swiss-based captive insurer.
Eurobase was selected by Solen in 2014 after an initial evaluation of 12 potential suppliers. The leading global provider of insurance software solutions was chosen on the basis of its strong experience and knowledge of the captive market and for the flexibility and operational streamlining offered by synergy2. This recent implementation further adds to Eurobase’s fast-growing captive insurance client base, which also includes Dorinco (Dow Chemicals), VICO (Volkswagen) and IKANO (IKEA).
Now that the implementation is complete, Solen will realise greater control due to improved business functionality and reporting, as well as higher levels of independence, with Solen managing its master data.
Joe Locke, chief executive of Eurobase Insurance Solutions said, ‘We are pleased with the collaborative relationship between Solen and Eurobase which has allowed all parties to deliver a successful implementation and we look forward to this being a long term partnership.”
synergy2 is a powerful, fully integrated, flexible insurance solution that is highly configurable to individual business requirements. It covers the complete lifecycle of the business, including client management, underwriting, claims, reinsurance /retrocession, accounting and management information, while offering real-time access to quality data using market-leading management information tools.
With its long-standing experience in its chosen market sectors, Eurobase Insurance Solutions is a leading global provider of insurance software solutions, with customers in more than 25 countries across five continents.
Extensive knowledge of the captive, insurance and reinsurance industries means Eurobase Insurance Solutions’ packaged application software can readily support clients’ business needs. Teams of delivery experts ensure the system is deployed rapidly, meaning customers can swiftly capitalise on business opportunities in their chosen markets in a cost effective way.
synergy2 from Eurobase supports the complete business life-cycle on a single modern platform.
- Increased productivity
- Improved customer retention
- Flexibility for growth
- Superior customer service
- Speed to market
Eurobase Insurance Solutions is part of the Eurobase International Group of companies, a global software and services group.