Effisoft, international group specialized in the edition of reinsurance software, has been selected by SANLAM for the management of its Life disposals. The South African group SANLAM provides financial services in Africa but also in Europe, India, Malaysia, the United States and Australia.
According to Stefan du Preez, actuary at SANLAM PERSONAL FINANCE ” the magnitude of the Life reinsurance within the group is such that our selection criteria for a new information system were very high. As part of its activities, has indeed greatly SANLAM use of reinsurance. It was therefore important that our reinsurance data are properly managed, correct and current. We needed a tool to support agile enough abrupt changes (eg in conditions, reinsurers, diets.) And to administer the most complex treaties. After a long search, Effisoft proved the ideal partner, both culturally and functionally, one of the main strengths of WebXL software is its high degree of configurability. “
Victor Julien, Director General of Effisoft, welcomes this new signature. “Once again, we were able to demonstrate the quality of our expertise in reinsurance management and the extent of functional coverage WebXL, especially regarding life reinsurance. “
Victor Julien, WebXL will allow SANLAM monitor and streamline its entire life reinsurance activities, reduce maintenance costs and increase its capacity for analysis and reporting.
WebXL implementation project is well under way and the shift in production is scheduled for January 2015.
Many challenges have already been overcome: he eg necessary compatibility of the interface between the policy administration and claims systems. Processing millions of fonts from SNALAM systems was also a major challenge for Effisoft teams.
“This new reference confirms our success in international markets and the growing reputation of our solutions and services, “said Julien Victor. “We enjoy an excellent brand image in France and in fifteen countries where we have users. Work with SANLAM will allow us to further expand our offering and develop new modules for WebXL, which will certainly facilitate our expansion, of course Africa but also in the rest of the world. “
Source: http://www.effisoft.com/fr/WebXL/sanlam.html
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