Business Challenges

The insurance industry is affected by many of the issues facing the financial sector and is having to keep down costs, whilst responding to rapidly-changing market conditions, managing risk and delivering a clear return on investments.
For the IT department, this means ensuring that IT systems can support new products delivered through different channels and allow internal clients in the business to have a holistic view of their customers. To this end, the IT functions needs to:

• Deliver platforms that enable the integration of core processes - notably in support of European harmonisation of cross-border rules and procedures
• Ensure the viability of legacy systems that support key applications
• Homogenise data storage and access to enable better analysis and reporting
• Ensure regulatory compliance
• Minimise risk to the business.

Value Proposition

B & M works with insurance enterprises to deliver the IT support, maintenance and transformation services that support their business goals. Our IT services and resources deliver:

• Better management of IT costs and processes
• Modernisation and transformation of legacy systems
• Systems that aid integration between insurance product producers and suppliers
• The capability for better reporting through cohesion and compatibility of systems
• Reduction in business risk through improved systems reliability.
  

Customers