London, UK, 9 November 2015 - 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.
