Posts Tagged ‘insurance’

TOMI chatbot from Tokio Marine finds nearest panel clinic

Wednesday, February 21st, 2018

Tokio Marine Life Insurance Singapore Ltd. (TMLS) is introducing a new functionality to their TOMI chatbot – helping users find its nearest panel clinic in three steps.

Users previously had to refer to an online directory that listed all 539 network clinics.

Users previously had to refer to an online directory that listed all 539 network clinics.

The update will enable users to conveniently find suitable TMLS panel clinics within their designated search area.

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MSIG Asia boosts efficiency with SAP Solutions to better serve customers in Singapore and Indonesia

Thursday, October 23rd, 2014

Asia’s leading non-life insurer turns to SAP to streamline operations and advance in a fast changing regulatory environment.

At the SAP Media Summit in Singapore. From left to right: Scott Russell, Chief Operating Officer, SAP Asia Pacific Japan & Alan Wilson, Regional CEO, MSIG Asia talk about how Big Data is changing the Financial Services Industry. Photo: SAP.

At the SAP Media Summit in Singapore. From left to right: Scott Russell, Chief Operating Officer, SAP Asia Pacific Japan & Alan Wilson, Regional CEO, MSIG Asia talk about how Big Data is changing the Financial Services Industry. Photo provided by SAP.

Leading non-life insurer MSIG has chosen SAP Core Insurance Platform for its Singapore and Indonesia companies.

“To keep pace with the industry’s changing customer needs and the dynamic regulatory environment, we wanted a flexible and scalable solution to meet both our current and future needs,” said Alan Wilson, regional CEO, MSIG Asia.

Along with driving operational efficiencies, faster time-to-market and improved customer service, the SAP Core Insurance Platform will empower these MSIG operations with a single system that will better enable growth and support the innovations and flexibility required to meet the fast-changing business demands of today and tomorrow.

Currently, there are software solutions from two main providers within MSIG in Asia, each of which has in place its own variation on the main processes and supporting systems and have undergone custom development over time.

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Xchanging launches insurance & procurement offerings in Asia

Wednesday, March 20th, 2013

Xchanging is boosting its presence in Asia by launching Netsett, a global reinsurance and accounting net settlement service; and Vault, a technology-enabled procurement platform designed to manage sourcing project workflow.

Xchanging Asia Pacific has a headcount of 4,500 in 18 offices, servicing over 250 clients.

Xchanging Asia Pacific has a headcount of 4,500 in 18 offices, servicing over 250 clients.

Xchanging is introducing these two core offerings as part of its global services, as a result of its strategic commitment to grow its Asian capabilities.

Joe Poon, President of Xchanging Asia Pacific.

Joe Poon, President of Xchanging Asia Pacific.

These solutions are built upon the principles and benefits enjoyed by both the London insurance market and organisations using procurement to improve project workflow tracking respectively.

Netsett

Based on an existing service in the London insurance market, Netsett – a netting and settlement solution – was designed with the aim of improving the accounting and settlement of payments between participants in the global insurance and reinsurance community.

By simplifying the netting and settlement between entities, the platform allows insurance groups to reduce the amount of working capital needed whilst improving transparency and control.

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