INTELLIGENT BRANDS // Software for Business
Cooperacion Seguros chooses SAP for core business transformation
Argentinian-based insurance company Cooperacion Seguros has chosen SAP as a partner for the transformation of its business core .
TODAY THE IMMEDIACY , TECHNOLOGY AND EFFICIENT MANAGEMENT OF DATA ARE A NECESSARY CONDITION FOR THE GROWTH OF ANY BUSINESS .
information and with it the possibility of growing more easily .
Cooperacion Seguros , the insurance company established in 1926 in Argentina , has chosen SAP as a technological partner for the transformation of its business core into a project that relies on a cutting-edge technological infrastructure and architecture , mounted in the cloud and serving the more demanding quality , security and high availability policies that the industry demands .
This initiative is the first SAP implementation in Latin America of the complete insurance suite , including the modules that concern the management of policies , collections , claims , incentives and commissions , reinsurance , master data management and SAP Analytics Cloud , with a renewal of processes that will continue to be deepened in future stages , expanding the functionalities with additional modules and enriching the possibilities of business development .
Luis Jorge Ferro , General Manager of Insurance Co-operation , said : “ We have long made a strong investment in systems , with the aim of obtaining more processing speed , quality and precision in handling large volumes of business
THIS INITIATIVE IS THE FIRST SAP IMPLEMENTATION IN LATIN AMERICA OF THE COMPLETE INSURANCE SUITE .
“ For the project an international interdisciplinary team was formed with professionals from both companies and the supplier ecosystem , which achieved this first implementation that today is reaching the commercial network with the incorporation of more than 900 advisory producers .
“ Today the immediacy , technology and efficient management of data are a necessary condition for the growth of any business . With this change , Cooperacion Seguros adopts the highest international insurance standards and is a differential that positions us strongly in the market .”
The project also foresees to reach all the businesses with the new software that , through the comprehensive review of the processes , implies adopting the best insurance practices at an international level with a significant impact on daily operations and services for the commercial network and insured . p
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