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19 November 2015
London
Reporter Becky Butcher

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Swiss captive successfully implements synergy2

Eurobase Insurance Solutions has completed the implementation of its policy administration platform synergy2 for Solen Versicherungen AG, the Switzerland-based captive insurer of Royal Dutch Shell.


Synergy2 is a fully integrated, flexible insurance solution and covers the complete lifecycle of the business. This includes client management, underwriting, claims, reinsurance, and accounting and management information, while offering instant access to quality data using market-leading management information tools.


The implementation has expanded Eurobase’s client base, which includes Dorinco (Dow Chemicals), VICO (Volkswagen) and IKANO (IKEA).


With the implementation complete, Solen will realise greater control due to improved business functionality and reporting, as well as higher levels of independence, with Solen managing its master data.


Joe Locke, chief executive of Eurobase Insurance Solutions, commented: “We are pleased with the collaborative relationship between Solen and Eurobase which has allowed all parties to deliver a successful implementation and we look forward to this being a long term partnership.”

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