Presentation on theme: "SAVE. Or die. Stefan Dobak, CEO gratex international."— Presentation transcript:
1 SAVE.Or die.Stefan Dobak, CEOgratex international
2 WHO WE AREDevelopment of customized software applications and system integrationEstablished in 19912011 revenue 35 mil. €400+ employeesSince 1994 in InsuranceIBM Premier Business Partner, Oracle Gold Partner, Microsoft Gold Certified Partner, HP Gold Preferred Partner, Symantec, T-com, SAP, Cisco
3 REFERENCES | Allianz Group Allianz - Slovenská poisťovňa(General – Life and Non-life Insurance)Allianz - Slovenská dôchodková správcovská spoločnosť: (Pension Fund Management)Allianz Asset Management (Private Equity Management)Allianz Ţiriac Asigurari (Reinsurance)Allianz Life Korea (Life Insurace – in cooperation with Samsung SDS)Global Transport & Automotive Insurance / Allianz (Underwriting Agency – transport insurance)
4 REFERENCES | Allianz Group Reinsurance:Allianz Slovenská poisťovňa SlovakiaAllianz Ţiriac Asigurari RomaniaAllianz Life Korea South KoreaGlobal Transport & Automotive Insurance / Allianz AustraliaHow big is the reinsurance team?So we literally in our reinsurance team we have people that understand our business
5 REFERENCES | Insurance Social Insurance Agency (Slovak Republic) Employer Liability InsuranceUniqua (Slovak Republic) IT infrastructure delivery and administration Generali (Slovak Republic) IT infrastructure delivery and administrationCardif (Slovak Republic) IT infrastructure delivery and administrationEximbanka (Slovak Republic) Insurance PortalPet Sure (Australia) Pet health insurance (also reinsurance)Protecsure (Australia) Equipment insurance (also reinsurance)
8 WHERE TO GO Who is happy with the maintenance costs? 20-30% Recent updates on licensing policiesExpensive change requestsLimited resourcesApplication market consolidation
9 WHERE TO GO Do you save? The world has changed Software licensing principles not (40 years?)Pay for what you really getHow much is the brand worth?Where is the innovation comming from?
10 WHERE TO GO Do you have Open Source solution (is it an Option)? All components for enterprise solution are availableResources are thereSocial aspect of the relation have been changedQuality: Bugfixing roundtrip is shorterNothing to be afraid of. You have it anyway. From the legacy vendors.
11 WHERE TO GO Is your investment strategy Zero based? Rethink the maintenanceModularity – case by busniness caseBetter control – better results – Commission, Collection/Disbursement, processes (DMS), Fraud Detection, ReinsuranceTurn challenges in to the opportunity (S2)Think. Or die.
12 Gratex International a.s. GBC IV, Galvaniho 17/CBratislava,SlovakiaGratex International AUST PTYLakes Business Park Unit G1, 2B Lord Street Botany, NSW 2019AstraliaGratex International KoreaAllianz Tower Yoido-DongYoungdeung po-gu, SeoulKoreaPhone:
14 Reinsurance | Custom information system for Reinsurance Originally developed for Allianz GroupIn accordance with EU Directive Solvency IITransparent and quantifiable goalsImprovement and optimization of the data flow within the companyOptimization of the reinsurance processes with substantial time reductionIncreasing the efficiency of planning, executing and evaluating all reinsurance activitiesDecreasing the error rate (quality improvement and transparency of data calculation)Elimination of the manual interventionsDecreasing the costs related to reinsurance business
15 Reinsurance | System description Automates administrative functions of all types of reinsuranceTechnological platform created by Oracle in multi-layer architectureInterface in the web browserProcess and reporting criteria of Solvency II regulations
16 Reinsurance |Supported processes of reinsurance
17 Reinsurance | Modules implemented in the system Modular architecture allows replacement of any internal modulesAccounting batches in structure required by a central accounting system based on SAP
18 Reinsurance | System description Further functions of reinsurance Reinsurers and brokers panelsMulticurrencyAccounting in written and collected premiumCalculation of Commissions and FeesLegal Costs, Sliding Scale Commissions, Profit Commissions, Administration Fees, „Loss Corridor“, Deferred Acquisition Costs, Technical resultsThe Loss processingRisk-attaching Basis (UWY)Loss-occurring Basis (OCY)
19 Reinsurance | Reporting Standardized reports for reinsurers or reinsurance brokersExcellent tool for monitoring, analyzing and forecasting, opportunities and risksAutomatic reports for SAP systemAutomatic reports within corporate structure (e.g. for parent company)Reports on the Statement of account (SoA Reporting)Support of the Risk and Loss ProfilesStatements on the sets of Cat Aggregates by region, product or duration
20 Reinsurance | Benefits of the system Better business performance Improvement and optimization of the data flow within the companyLower costs related to the insurance businessLower error rate in this processIntegration capabilitiesExpanding of existing modules depending on customer requirementsAdjusted terms of service - SLA (Service Level Agreement) on a 24/7 basis
21 REFERENCES | OthersMinistry of Interior of the Slovak Republic Schengen Information System I/II; REGOB (The Register of Citizens, ID's, Driving Licenses, Passports); EVO (The Vehicle Register, Wanted Vehicles); EZP (Firearms Register, Wanted Firearms)Ministry of Health of the Slovak Republic Complete IT infrastructure delivery and administration, Implementation of ERP solutionsMinistry of Education of the Slovak RepublicWorkflow managementMinistry of Justice of the Slovak RepublicIT infrastructure deliveryNeografia Complete IT infrastructure delivery and administration, Implementation of ERP solutionsT-Com Slovakia gTel Route (Optimization of transit telecommunications business)DANUBE WINGS SR. LRIS - Air tickets booking information system