QBE Insurance Group, Sydney Australia

Overview

QBE Insurance Group, based on Sydney Australia, is diversified insurance and reinsurance company and one of the top 25 worldwide. With offices in 38 countries, the Group’s gross written premium was AUD$ 8, 350 million in 2003. After an extensive evaulation process, INSIS was chosen as the insurance management solution for the QBE operations located in Central and Eastern Europe. Within the Central and Eastern Europe region, QBE provides a wide range of products including Unit Linked, Life Assurance, Travel, Personal Accident, Motor, Property, Liability, CAR/EAR, Machinery Breakdown, Marine, Cargo, Livestock, Agriculture.

Solution

The services provided include: Analysis of the Life and Non-life insurance products and procedures; Gap analysis, and project activities planning; Configuration of the Life and Non-Life insurance products in INSIS; Configuring the Accounting module; Configuration/Development of the functionality for integration with third party systems (GL, AP, AR); Application software customization; Accounting procedures; Development of reports and printouts; System and application software installation; Data migration; Training of system administrators; Training of operators; Training of report and form developers.

Benefits

The project provides functionality that covers all the insurance operational activities; automated link to the Oracle Financials; supports the required insurance reservations, operational and statistics, reports, central data base, reliability and operational stability of the system, quick access to the data.