Ageas Insurance, a multiline insurer in the EMEA region, has selected SAP for a cloud-based core systems deployment
The SAP software supports the full insurance lifecycle, including policy administration, quotation, underwriting, claims, commissions, collections and disbursements, as well as finance, procurement, HR and enterprise analytics, and is hosted on SAP HANA Enterprise Cloud. Ageas will launch the suite in a new venture in the Philippines, it says.
"With this comprehensive set of next-generation enterprise software from SAP, Ageas gets to focus on its customers and the core of its business, instead of being in the business of also running a midscale technology services firm internally," said Hans Van Wuijckhuijse, regional director, Business Development Asia, Ageas. "Previously we would have struggled to reconcile numerous independent systems from multiple providers involving multiple systems integrators. This integrated set of SAP solutions, coupled with SAP taking end-to-end responsibility for this software-as-a-service offering, will give Ageas the much-needed agility to help us establish and penetrate into new markets."
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