23 July 2014IT & claims management analysis

Volkswagen captive opts for Eurobase IT system

Volkswagen’s Dublin-based captive, Volkswagen Insurance Company or VICO, has taken up and now gone live with Eurobase Insurance Solutions’ synergy2 systems.

“synergy2 is a fully integrated, complete, end-to-end insurance administration platform, configurable to individual business needs, from governance to business process workflow setup,” according to Eurobase.

The systems will support VICO’s global multi-class insurance programme, which ranges from property and business interruption through to marine.

Ian Bishop, client services director at Eurobase Insurance Solutions said, “A successful project partnership has resulted in VICO being migrated from their previous donor based system, to our industry leading release based synergy2. They will now benefit fully from our ongoing investment and upgrade program and have future-proofed their investment in their software infrastructure.”

Aine McMahon, general manager of Volkswagen Insurance Company commented, “In a continuation of our successful relationship with Eurobase, we are pleased to be live with synergy 2. The project implementation provided a smooth transition from one platform to the other and we now plan to move ahead with the implementation of the authorisation and workflow functionality.”