“What has impressed us is the transparency and stability of the data migration process from our legacy systems. We have been equally impressed with the speed of production; only 11 months for two motor products is actually very hard to believe.”
Rolf Schiltknecht, Galileo Program Manager
Baloise
Efficiencies both in implementation time and superior technology features are proving to be a winning combination for Baloise. Operating in a crowded, competitive market, the company prides itself on providing the most innovative insurance and pension solutions, as well as banking services, to individuals, small and medium-sized firms, and select industrial enterprises. To do so requires modern core systems and technology to ensure data integrity, a must for customer confidence and security.
Baloise transformed its core system technology platform, successfully implementing Guidewire core underwriting, policy administration, billing and data products across its property business line, followed by its motor business. Then the insurer deployed Guidewire DataHub as its data management system. Executing the first migration using DataHub in Europe, the insurer has already migrated more than 250,000 policies, and poised to reduce TCO through further efficiency gains across the organization.
“We are dedicated to doing more in security and prevention for our customers,” says Michael Müller, CEO at Baloise Switzerland.
With its core system transformation, successful stable data migration project, and data management system in play, Baloise is on track to keep pace with growing and changing customer and broker demands, now able to address new situations in the market and offer more flexible and wider insurance products and services.
