IDIT I.D.I. Technologies Ltd., announced today that Groupama Hungary, a member of the Groupama Insurances Group, has selected IDIT™ to implement the insurer’s core
policy administration management system for all lines of business. The new web-based solution, which is built on modern Service Oriented Architecture (SOA), will enable fast deployment of new insurance products, backed by a customer-centric management system.
The project, which is already under way, is performed by a joint team from Groupama Hungary and IDIT Technologies. This multi-year partnership encompasses full implementation of IDIT™ Software Suite, including policy administration, billing & collection, claims management, technical accounting, reinsurance, workflow management, document management and CRM components, as well as migration of Groupama Hungary legacy portfolio into the new platform.
François DIGARD, Deputy CEO Groupama Hungary commented: “Based in Central Europe, Groupama Biztosito is the first stone of a further development of Groupama’s business in this region. We consider IDIT is a true partner to help us win this challenge.”
“We are proud of being selected for this long-term partnership.” said Yoel Amir, CEO, IDIT Technologies. “Following the successful implementation of IDIT™ in Groupama China, and the positive signals received from other Groupama operations, this remarkable achievement turns Groupama into a de facto global implementation of IDIT™ Software Suite. We are committed to this trusted partnership with Groupama and are looking forward to continue providing our customer the best insurance technology solutions that will increase their competitive advantage globally.”
About Groupama Hungary: Groupama Biztosito is the fully-owned subsidiary of Groupama in Central Europe, for both life and non-life insurance business. The parent company – Groupama – is an insurance group that has built itself up over the last hundred years, constantly adapting to economic challenges and anticipating the needs of its members and customers in terms of security. For more information:
www.groupama.hu
About IDIT:
IDIT I.D.I. Technologies Ltd. is a global provider of enterprise software solutions for the insurance & financial markets. Our solutions are based on IDIT™ Software Suite – an enterprise software product which integrates the business capabilities essential for any insurance provider.
Founded in 1998, IDIT I.D.I. Technologies is a member of the Formula Vision group (TASE: FVT) and employs over 100 insurance and IT experts across Europe, APAC and Israel. Its clients include Groupama, Delta Lloyd, AON, PolisDirect, Winterthur and Direct Insurance Financial Services among others. The company also has a number of strategic partnerships with leading systems integrators and consulting firms such as IBM, BSB, and CapGemini.
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Except for historical information contained herein, The matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the company's accounting policies and other risk factors.
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