Volkswagen Insurance Company Upgrades Insurance Administration Platform.
Eurobase Insurance Solutions (Eurobase), a leading global software and services provider and part of Eurobase International Group, today announced that Volkswagen Insurance Company Ltd. (VICO), a wholly-owned, Dublin-based captive insurer of Volkswagen and subsidiary of Volkswagen Financial Services AG, is to upgrade its existing underwriting platform to Eurobase Insurance Solutions’ synergy2.
A donor version of Eurobase’s Synergy was first introduced into VICO in 2003 and the business will now upgrade to the release based synergy2, incorporating Workflow and Advanced Authorisation using Microsoft’s SharePoint workflow. The implementation, supported by Eurobase’s business analysts, commenced in February and is anticipated to go live in June 2013. Synergy2 will support VICO’s global insurance processes across a multitude of classes, which range from property damage and business interruption through to marine.
Synergy2 is a fully integrated, complete, end-to-end insurance administration platform, configurable to individual business needs, from governance to business process workflow setup. SharePoint workflow is helping Eurobase’s clients manage and optimise their business processes by automating their processes, in whole or in part.
Ian Bishop, Client Services Director, Eurobase Insurance Solutions said, “An environmental upgrade to the existing Synergy platform is being implemented by VICO. This presents the opportunity for the business to advance to synergy2, with its advanced workflow solution.”
“VICO will benefit from the comprehensive functionality of synergy2, including improved control and data quality as well as processing efficiencies.” he added.
Áine McMahon, General Manager of Volkswagen Insurance Company commented, “We’ve worked with Eurobase for a decade now. The Insurance Solutions team understands the complexities of our business and processes, and we trust the team to deliver a successful implementation for us.”
