Salmon to develop DUAL International's new pan-European web-based underwriting platform
Watford, London – 30th March 2010 Salmon, specialists in delivering e-business solutions for the insurance industry, today announce that DUAL International (part of the Hyperion Insurance Group), has selected them to develop and implement a new pan-European web based underwriting platform.
Having successfully completed an initial strategic consulting phase, Salmon will now configure and implement SAFI™ (the Salmon Application Framework for Insurance) to support DUAL International’s multi-lingual and multi-company operations in Spain, Germany and Italy, on a single instance of the web-based solution.
Steve White at DUAL International said; “We chose Salmon and SAFI™ to help radically streamline our end-to-end business processes in Europe. We wanted to ensure low fixed costs associated to I.T. operations and yet increase our overall business agility. By choosing SAFI™ we will meet these aims and also be able to launch new products more quickly, eliminating traditional paper based processes and removing the need to liaise with third party software providers to make changes to our platform. We will additionally create policies and quotations dynamically whilst ensuring more effective reporting between our underwriters and brokers, and reporting to our carriers in a more timely and accurate manner. Each of the European offices has differing needs and SAFI™ allows the flexibility to implement different models for each office.”
SAFI™ is a series of pre-configured, reusable and customisable components which combine with a mature project delivery methodology. SAFI™ facilitates the rapid delivery of Insurance solutions on a refined and open IT architecture, significantly lowering the risks inherent in launching new web based Insurance solutions, or replacing existing underwriting platforms. SAFI™ spans Quote, Bind, Renewal, Risk Maintenance, Claim Notification, Claim Maintenance, Receipts, Payments and Outward Reinsurance.
Salmon’s customers in the Insurance sector include Novae, Munich Re, Swiss Re, UBS and WR Berkley.
About Dual International
DUAL International is an underwriting agency committed to delivering insurance solutions to the Mid-Market sector. The DUAL Group writes over US$125 million worth of insurance and, headquartered in London, is at the centre of the world’s largest insurance marketplace. At the same time, we appreciate that clients and brokers require local underwriting knowledge and expertise. DUAL has met this demand through the establishment of a number of underwriting offices around the world. These offices are staffed by professionals who understand not only the relevant legal and regulatory landscape, but who are also equipped to effectively respond to important cultural nuances and customs
Salmon is a highly innovative regional systems integrator whose commitment to on-time, on-budget projects is increasingly embraced by the leading names in retail, insurance and financial services markets. Since 1989, leading brands have been turning to Salmon for its ability to build, integrate and support business-led systems that add measurable competitive value to their day-to-day operations – and to their bottom line. Salmon quickly understand business needs, creates realistic development schedules, and efficiently delivers solutions to plan; based around an ethos that marries a depth and breadth of development skills, with a management process that removes virtually all risk from successful project roll-outs.
Salmon is headquartered in Watford, Hertfordshire and has offices in the US, China and Australia. For more details about Salmon visit http://www.salmon.com
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