Growing business needs support
At the end of 2010 Allianz commissioned Comarch to carry out a preliminary analysis of settlements with reinsurers and brokers, and to provide some solutions to optimize these processes. After many months of the analysis and preparations, at the beginning of 2013 Allianz decided to implement a financial-accounting module of the Comarch NonLife Insurance solution. Allianz needed to automate the increasing number of settlement transactions as the employees responsible for settlements with reinsurers and brokers had to manually enter all of the data. Manual data import was laborious and time-consuming. The fast-growing insurance company wanted their systems to communicate with each other directly and support instant reporting. Moreover, Allianz wished to have direct access to the balances of settlements with reinsurers and the ability to generate reports directly from the system. Allianz chose a financial-accounting module of Comarch NonLife Insurance because of Comarch expertise in a settlement area, knowledge of the processes analyzed in Allianz, as well as rich functionality and configurability of the solution.