Asseco Central Europe is introducing one of its flagship products in the African market
The Nigerian insurer chose Asseco StarINS as a core insurance system for both P&C and life business in Nigeria and Ghana.
Asseco Central Europe, a. s., one of the strongest software houses in Central and Eastern Europe, being a part of Asseco Group, announces that Wapic Insurance Plc started a business transformation project, assuming as a core insurance system the Asseco StarINS software solution. Asseco StarINS will serve as a core insurance system for Wapic Insurance plc itself, covering general lines of business, as well as for subsidiary companies.
Introduction of Asseco StarINS software is a part of wider business change programme, launched in Wapic in 2015. “Wapic is excited at the opportunity to partner with Asseco in our transformation journey. Our comprehensive five year Corporate Strategy is founded upon the core themes of People Leadership, Operational Efficiency, Customer Service Excellence and Financial Leadership. Undoubtedly, a world-class Information Technology strategy is at the core of our ability to deliver on the promise of becoming a top-2 full service West African Insurance company by 2019,” said Zina Giwa-Amu, Head of Strategy, IT, Channels and Investor Relations at Wapic.
The implementation of Asseco StarINS will be executed jointly by two Asseco companies - Asseco Nigeria Software Ltd., acting as local project provider and support centre, and Asseco Central Europe, a. s., as the software services & license provider.
“Asseco Nigeria is focused on providing world class enterprise solutions to the West African insurance sector. Wapic Insurance is a highly established yet innovative insurance company in Nigeria and Ghana. Its choice of StarINS as its core insurance application for both its Life and General business is extremely significant. We are therefore delighted to partner with Asseco Central Europe in delivering a successful StarINS implementation and in providing future local support to Wapic Insurance,” says Adefolu Majekodunmi, Managing Director, Asseco Nigeria.
"We are extremely happy that Wapic will introduce Asseco StarINS as their main software solution for insurance backoffice and frontoffice operations. Thanks to StarINS's unique features as multi-line (covering both life and non-life insurance in one software), multi-country, multi-currency and extreme flexibility in terms of product parameterization, we will be able to implement it in different environments, for a huge variety of insurance products, complying with all the legal requirement within a very short time. I believe that this will prove both robustness of our solution and strength of our presence in Nigeria as Asseco Group, and the launch of the system will become a guiding light for the insurance market in Nigeria and West Africa," says Krzysztof Bondyra, Head of Insurance Business Unit at Asseco Central Europe, a. s.