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Challenges in Insurance Business Process Effectivenes – technology can

Challenges in Insurance Business Process Effectivenes – technology can improve business performance. Gatis Kaleinis. Effective Business. Factors easy to impact Factors not controlled. Market background. There is rapid development ahead !!!!!. Approach.

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Challenges in Insurance Business Process Effectivenes – technology can

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  1. Challenges in Insurance Business Process Effectivenes – technology can improve business performance Gatis Kaleinis NEXUM Insurance Technologies 2007

  2. Effective Business • Factors easy to impact • Factors not controlled NEXUM Insurance Technologies 2007

  3. Market background There is rapid development ahead !!!!! NEXUM Insurance Technologies 2007

  4. Approach • We believe that each and every person is unique, so are businesses. • Company’s value areprocesses – it’s competition weapon. • Company’s applications today include process execution schemes – they also must be unique. What is suitable for one, may not for the other one. Our solutions architecture is like bricks to build personalised software. NEXUM Insurance Technologies 2007

  5. Effectiveness of company Data: LETA and Sigma Reports No 3 / 2006, Swiss Re NEXUM Insurance Technologies 2007

  6. Improvment steps NEXUM Insurance Technologies 2007

  7. Effectiveness • Profit • Ability to hold business in fast growing environment • Ability to maintain quality NEXUM Insurance Technologies 2007

  8. Example Work force shortage • Front office • Back office • Management NEXUM Insurance Technologies 2007

  9. Contacts Gatis Kaleinis Sales director e-mail: gatis.kaleinis@nexum.lv Tel.: +371 29245684 NEXUM Insurance Technologies 2007

  10. What our customers say “The IMS system has reduced our overall administration costs substantially. Because we have automated allthe processes that didn't add value, our costs have dramatically decreased and our staff members are now free to concentrate on improving customer service and bringing tangible benefits to the company.” Janis Kesteris, IT Director, IF Latvia http://www.nexum.lv/files/text/26192_IF_Latvia_CS_final.pdf NEXUM Insurance Technologies 2007

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