Eurobase is pleased to announce that Nigerian-based reinsurer, FBS Re, has gone live with Synergy2, maintaining Eurobase’s 100% successful implementation record. Operating in both life and non-life sectors, this accomplishment further underscores Eurobase’s steadfast dedication and ability to support the African market.
Throughout the implementation process, a robust and enduring partnership was formed with FBS Re. The collaborative efforts of both companies were incredibly valuable in the meticulous workshops conducted which ensured every element of FBS Re’s requirements were fully addressed. This shared commitment to excellence enabled the project to be delivered in an impressive time frame of under six months. FBS Re are now realising the benefits from the full suite of efficiencies that Synergy2 delivers to its customers.
Eurobase eagerly anticipates the continued collaboration with FBS Re and the cultivation of an even stronger partnership moving forward.
Joe Locke, CEO of Eurobase:
"Myself and the team would like to thank everyone at FBS Re for their strong collaboration to make this implementation so seamless and successful. As I often say, go live is just the beginning, not the end, and we are looking forward to building a strong, lasting and strategic relationship with FBS Re.”
Quote from FBS RE:
"We believe that the journey doesn't end with go-live; it's the foundation of a strong partnership with Eurobase. Here's to the beginning of a lasting and strategic relationship. Together, we'll continue to achieve new milestones and shared success."
About FBS Re:
FBS Reinsurance Limited (FBS RE) was incorporated as a private limited liability company under Nigerian corporate law on 1st August 2016 with an authorised share capital of N10,000,000,000.00 (Ten Billion Naira) made up of 10,000,000,000 ordinary shares of N1.00 each. The authorised capital has been registered with the Corporate Affairs Commission (CAC) in line with the new regulatory minimum of N20,000,000,000.00. The Founders of FBS RE are seasoned and experienced insurance practitioners, with varied experiences in direct underwriting, reinsurance, investment and insurance regulations. We have been active insurance practitioners and drivers of the insurance industry for decades. FBS RE was founded on the principles of trust, innovation, reliability, and expertise. These principles are deployed
in delivering robust risk transfer solutions to cedants and other stakeholders. FBS RE is taking a long-term view to developing sustainable partnerships with industry partners. We believe in
the long-term prospects of the Insurance Industry during changing times. We are in the reinsurance space to make a difference, deploying cutting edge technology to serve our stakeholders better.
About Eurobase:
Eurobase is a leading international software and services provider of (re)insurance solutions. Established in 1988 and with customers in over 25 countries, Eurobase has gained extensive knowledge of the global (re)insurance markets. With a personal approach, Eurobase ensures it delivers the support and flexibility its customers need and the service they expect. With long-standing customer relationships, Eurobase has a committed approach to doing business and to product investment, delivering ongoing value above and beyond initial engagements.
For media inquiries, please contact:
Joanne West
Group Marketing Manager
Eurobase International Group
joanne.west@eurobase.com
+44 (0)2076 484 799