Automated subsequent settlements
At Allianz, one of the largest insurers worldwide, the subsequent settlement of insurance premiums is a recurring process that is required to be accurate and efficient. These repetitive settlement processes offer many opportunities for optimization with a future-proof application, using automation to streamline repeating manual tasks.
Request: Minimizing manual work
The settlement of insurance premiums was previously carried out manually by Allianz employees, which was a time-consuming and expensive process. Thanks to automatic actions, the manual labor of many man hours has been reduced to just one hour per day. This time saving allows Allianz employees to focus on the tasks that really matter.
Thorough process analysis prior to implementation
The SiliconCode team first carried out a thorough analysis of the work, mapping all steps in the process. This analysis showed that the majority of policies subject to subsequent settlement are suitable for automatic processing. With these insights from the process analysis, the choice for the low-code application was easily made.
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"A pleasant partner to work with. Our wishes are really listened to, partly thanks to the options for support and face-to-face contact."
Nancy HellendoornTeamlead Policy Midcorp & Ubo Team, Allianz
Flexibilty to add products
To make the application future-proof, it is designed to be flexible. No new implementation or developer is required to make adjustments to the existing calculations being used.
Additionaly, Allianz employees can add new products to the new low-code application themselves.
Results with the SiliconCode application
- Hours of manual work reduced to just 1 hour per day.
- Accurate, error-free calculations thanks to automation.
- No developer or new rollout needed to make adjustments to the calculations.
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Testimonial
"We were looking for something solid, something that had a foundation. Then we came across the Silicon Low Code platform, and that really appealed to us."
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