REPLY: Fincon Reply Supports the Insurance Industry Digitalisation With the "BiPRO Hub" Lighthouse Project
05 October 2023 - 6:30PM
Business Wire
Fincon Reply, the company within the Reply Group that
specialises in IT consulting and development for financial service
providers, is part of the "BiPRO Hub" lighthouse project of the
Industry Institute for Process Optimisation (BiPRO). The aim of the
project is to drive digitalisation within the insurance industry,
and Fincon Reply, as an implementation partner, supports the
standardisation of cross-company processes.
The insurance industry is currently facing the challenge of
making business processes more efficient and digital. The BiPRO Hub
serves as a non-profit data hub and aims to increase the degree of
standardisation in the implementation until a complete high-quality
service is provided. Insurance companies and their partner
companies, such as intermediaries, pools or distributors, benefit
from common industry standards. Fincon Reply actively accompanies
this process and provides services for the transmission of data and
documents.
With the hub, central services are provided on a neutral level
under the management of BiPRO Service GmbH; as a community
solution. This is how the exchange of data and documents can be
simplified, made much more cost-effective, its quality optimised
and the time-to-market process accelerated.
The BiPRO Hub currently consists of a group of 15 companies,
including well-known insurance companies such as Allianz, Alte
Leipziger, Axa, Barmenia, Ergo, Gothaer, HDI, Signal Iduna and
Volkswohl Bund as well as partner companies. Frank Dünnleder,
Partner Fincon Reply, comments: "The BiPRO Hub is the initiative
from the industry for the industry to drive digitalisation faster
than before and to improve competitiveness against foreign tech
corporations. Based on many years of experience as a BiPRO service
provider and our broad and deep know-how, we are looking forward to
succeeding in the digital transformation within the insurance
industry together."
Reply Reply [EXM, STAR: REY] specialises in the design
and implementation of solutions based on new communication channels
and digital media. As a network of highly specialised companies,
Reply defines and develops business models enabled by the new
models of AI, big data, cloud computing, digital media and the
internet of things. Reply delivers consulting, system integration
and digital services to organisations across the telecom and media;
industry and services; banking and insurance; and public sectors.
www.reply.com
Fincon Reply Fincon Reply is a business and IT
consultancy specializing in the financial services industry. Fincon
Reply proactively advises banks, the Sparkassen Financial Group,
the German Cooperative Financial Group and insurance companies as
well as their suppliers on their digital transformation. The
company provides on-site support with specialised teams of
consultants and developers and delivers turnkey solutions.
www.fincon.eu
BiPRO Service GmbH BiPRO Service GmbH is a 100%
subsidiary of BiPRO e.V. As a neutral organisation, BiPRO e.V.
standardises digital, cross-company business processes in the
insurance/financial services sector. This is done through concrete
standardisation projects, digitalisation offensives, expert groups,
etc. For association tax purposes, services that go beyond the
actual standardisation, such as training (of a general nature) or
the BiPRO Hub, are provided by BiPRO Service GmbH.
www.bipro.net
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231005471336/en/
Media contacts:
Reply Fabio Zappelli f.zappelli@reply.com Tel.
+390117711594
Sandra Dennhardt s.dennhardt@reply.com Tel. +49 170 4546229
Reply (BIT:REY)
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