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Welcome to Baseline

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Eurobase Insurance Solutions Introduces synergy2.

As a truly international industry, insurers and reinsurers are faced with a number of challenges: regional currency and tax requirements; stricter regulation; increased rating agency scrutiny; more stringent solvency requirements and the demand for a swift exchange of accurate information...

Posted: 08/05/2013

synergy2 at TINtech, London.

Come and share our excitement as we launch synergy2, our inspired end-to-end Specialty Lines and Assumed Reinsurance administration platform.

This year’s event is being held at the Grand Connaught Rooms in London on June 13th, 2013.  The event itself will focus on the growing importance of technology in delivering insurance products and customer service across all lines of business and how this is fundamentally changing insurer, broker & customer dynamics.

Posted: 07/05/2013

synergy2 at ACORD LOMA, Las Vegas.

Following a great year, Eurobase is attending the ACORD LOMA Insurance Systems Forum for the fourth consecutive year. This year we’re going to the stunning MGM Grand in Las Vegas, Nevada on May 6 - 8.

Posted: 30/04/2013

Saudi Re goes live with Eurobase Insurance Solutions' synergy2.

Eurobase Insurance Solutions today announces that Saudi Re, the first reinsurance company to be established in Saudi Arabia, has replaced its existing underwriting platform with Eurobase’s strategic insurance administration platform, synergy2.

Posted: 29/04/2013

Use synergy2 to orchestrate a single version of the truth.

There are many benefits from having a well-designed, modern, three tier application.
synergy2, Eurobase’s end-to-end administration platform for the Specialty Lines and Assumed Reinsurance markets, is exactly that. In plain English, this means that the database is separate from the business logic, which is in turn separate from the screens (also known as the user interface).

Posted: 11/04/2013

The benefits of governance and workflow for MENA (re)insurers. 

At Eurobase, we have invested £Millions in our synergy2 end-to-end policy administration system and framework for the Global Market.

Posted: 22/03/2013

Eurobase at Multaqa Qatar in 2013

Eurobase Insurance Solutions were pleased to attend Multaqa Qatar 2013.

Posted: 22/03/2013

MENA carriers need a “multi-everything” insurance software platform

The outlook for the MENA insurance market is extremely positive for 2013, with projected double digit growth. However, as insurance organisations grow and diversify through cross-border trading, many are finding their incumbent software is limiting their growth or unnecessarily increasing their operational costs.

Posted: 01/03/2013

Eurobase at the Middle East Insurance Forum 2013

Eurobase Insurance Solutions was pleased to attend The 9th Middle East Insurance Forum (MEIF 2013) held in Bahrain.

Posted: 27/02/2013

Work with an end-to-end system to reduce your total cost of ownership

Legacy systems come in all shapes and sizes. Most have real weaknesses that hold carriers back, frustrate users and have an ever-increasing cost of ownership.

Posted: 21/02/2013

synergy2 and UK Governance

At Eurobase, we have invested Millions in our synergy2 end-to-end policy administration system and framework for the Lloyd’s and Companies Markets in London.

Posted: 01/02/2013

Eurobase to Support the 2013 Middle East Insurance Forum (MEIF)
 

Eurobase Insurance Solutions are pleased to announce our participation at this year’s Middle East Insurance Forum taking place in Bahrain on February 4th & 5th 2013.

Posted: 21/01/2013

US Governance

At Eurobase, we have invested Millions of Dollars in the synergy2 end-to-end policy administration system and framework for specialty lines carriers and assumed reinsurers.

Posted: 16/01/2013

Supporting Growth in the (Re)Takaful Market

Modern platform technology can help (re)takaful operators sustain growth in a market where there will always be local nuances. Paul Buckle from Eurobase Insurance Solutions and Puneet Bharal from ACORD explain why.

Posted: 21/12/2012

synergy2 – designed for London Market specialty lines and assumed reinsurance carriers

Supporting London in a global market.

Posted: 17/12/2012

synergy2 – designed for specialty lines and assumed reinsurance carriers in the US

Supporting your business in the global market.

Posted: 06/12/2012

Eurobase at MEFTEC 2012

Eurobase Banking Solutions will be exhibiting at MEFTEC 2012 (stand P8), taking place at Dubai International Convention & Exhibition Centre, 25th - 26th April 2012.

Posted: 04/04/2012

Eurobase at Multaqa 2012

Eurobase Insurance Solutions was pleased to exhibit at the Multaqa event held in Doha, Qatar, where it presented its Synergy insurance software platform.

Posted: 30/03/2012

Eurobase at the Middle East Insurance Forum 2012

Eurobase Insurance Solutions was pleased to be attending The 8th Middle East Insurance Forum (MEIF 2012) held in Bahrain.

Posted: 28/02/2012

The stages of a successful IT marriage

When you are looking for a system and a supplier, it may not be immediately obvious that you are in it for the long haul.

Posted: 11/07/2011

The Special Relationship – How US Markets Can Benefit from UK Expertise

Working in a relatively stringent regulatory environment may be second nature to companies operating in the United Kingdom and Europe, but elsewhere in the world the increase in the regulatory demands for compliance and auditability provides a new set of challenges for many companies.

Posted: 19/05/2011

Solvency II and your systems – part 2  Risk Management

In our previous blog, we discussed some of the Solvency II challenges to regulators and carriers. Following on from this entry, we have looked at the implications for Enterprise Risk Management strategies as part of Solvency II.

Posted: 16/05/2011

Solvency II and your systems – part 1

In Europe and also in the United States, Solvency II is going to impact heavily on the level of financial information that insurers must report upon.
The new supervisory framework on solvency requirements for European insurers is expected to be issued shortly and will be implemented from 2012 onwards.

Posted: 15/04/2011

Eurobase can help companies in being Shari’ah compliant

At Eurobase we have been working hard to help Takaful and Retakaful companies remain Shari’ah compliant through the use of our systems.
For those of you not familiar with these terms, Takaful is a form of insurance that complies with Islamic law. It is an alternative to traditional insurance, that provides similar protection without violating the principles of Shari’ah (Islamic law).

Posted: 16/02/2011

Eurobase Insurance Solutions to co-sponsor the Middle East Insurance Forum in Bahrain

Eurobase Insurance Solutions has today announced that is to co-sponsor the Middle East Insurance Forum, running at the Ritz Carlton Bahrain, on the 7th and 8th February 2011.

Posted: 28/01/2011

Eurobase to pilot integrated ratings system

Eurobase Insurance Solutions, part of the Eurobase International Group, is delighted to announce a brand new piece of development work, funded by a US insurer, to further enhance the Synergy product suite in partnership with California-based software company, GildedTree  and a project is underway with Eurobase and GildedTree working together to integrate Eurobase’s Synergy system with GildedQRS, GildedTree’s rating solution.

Posted: 25/12/2010

Buy or Build your IT system? – the question for reinsurance companies

IT lies at the heart of the risk management industry and a perennial question faced by reinsurance companies is whether they should build their own systems or buy in a ready-made solution from outside.

Posted: 23/11/2010

M&A Activity

RI3K , which has been up for sale for more than a year, was finally snapped up this month (NOVEMBER) by Qatar Insurance Services LLC, trading as Qatarlyst .

Posted: 16/11/2010

Welcome

Welcome to the first posting of Baseline, Eurobase’s new blog that will looking at some of the latest trends and hot issues in insurance, reinsurance, banking, IT and software systems for the market.
We are starting Baseline by looking at the insurance side of our business, but we will shortly be bringing the banking side of the company to the blog. We hope you enjoy what you read, but more importantly, we want to know what you think so that we can have an open and honest conversation that will be of real value to us all.

Posted: 09/11/2010