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Successful project completion – Novum-RGI introduces the policy management system V'ger at the insurance group "die Bayerische"

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Nuremberg, 19 October 2022

 

Novum-RGI implemented a new portfolio management system for its business partner die Bayerische. The Elementar project was successfully completed at the beginning of October. In addition to the health supplement, home contents, residential building, liability and accident lines, the last line of business, motor vehicles, is now also equipped with a new portfolio management system and the project was brought to a successful conclusion. The system is used to manage SHUK contracts, claims and products.
 

With the introduction of the policy management system V'ger from Novum-RGI, die Bayerische has created a technical renewal in all lines of business of the insurance group. As a multi-line system, the standard software V'ger P&C contains modern solutions in the areas of property, liability, accident and motor vehicle. In addition, the software solution includes all insurance-related core systems for the complete administration of the portfolios. Thanks to the technologically and professionally integrated approach, V'ger P&C allows all lines of business to be operated on a single standard platform. With the development of this portfolio management system, a standard software solution has now been created that can also be introduced at other insurers without any problems.

"Together with our partner Novum-RGI, we were able to not only renew the complete inventory management system in a short period of time, but also transform it into an innovative multi-division system and innovation platform. This technological progress increases our efficiency in our daily work. In addition, our digitalization offensive will be further strengthened by this project. It is great to have a partner with such strong and experienced know-how at our side," comments Martin Gräfer, board member of die Bayerische.

"We are proud to have accompanied die Bayerische on its successful transformation process and to have together laid a foundation for future innovations and process efficiencies at die Bayerische," adds Kai-Uwe Reiter, CEO of Novum-RGI.

Interested insurers can experience the modern policy management system live on 29 and 30 November at the trade fair congress in Leipzig within the scope of two joint specialist presentations with die Bayerische and at the Novum-RGI trade fair stand. You will find us at booth A6.