Cloud allows insurer to continue global expansion while
providing their customers with new digital, omni channel
solutions
BRATISLAVA, Slovakia, Aug.
16, 2018 /PRNewswire/ -- IBM (NYSE: IBM) announced today
that NOVIS, a growing European insurance company, has adopted IBM
Cloud to help accelerate its international expansion, streamline
business processes and gain efficiencies with innovation in a
secured environment. NOVIS runs its IT systems on IBM Cloud in all
branches across ten European countries.
NOVIS Insurance Company Inc. was established with international
capital and is headquartered in Bratislava, Slovakia. Currently NOVIS operates
in Austria, Germany, Slovakia, Czech
Republic, Hungary,
Poland and Finland. In 2017, the company launched its
operations in Italy and in the
beginning of 2018 in Sweden and
Iceland.
"From the very beginning, we truly believed that introducing
genuinely new and innovative financial products can best be
achieved through the establishment of a new company focused on such
products," says Siegfried Fatzi, general manager, NOVIS Insurance
Company.
NOVIS is focused on delivering innovative services to its
clients. Its concept includes more than 25 innovative insurance
offerings previously unavailable on the market. They are neatly
organized into five equally important pillars represented in the
NOVIS Pentagon of Innovations, including new forms of savings, wide
insurance coverage, new ways of using capital, expanded flexibility
and liquidity.
As the insurance company has grown and it began its rapid
expansion across European markets, it turned to agile business
processes and started to seek for flexible IT infrastructure
models. New generations of clients using mobile technologies
and social networks in their daily lives demand
customer-focused enterprises, increased flexibility and optimized
multi-channel interactions with minimized risk.
With plans to expand its insurance service to other countries
and offer it worldwide, NOVIS needed a highly reliable, flexible
and secured cloud infrastructure to grow with its business. It
therefore decided to move fully into IBM Cloud with VMware
virtualization - all used as a service.
"For us as an innovative insurance company, cloud computing
offers the potential for significant improvements. It helps us
transform and optimize operations, improve governance and
transparency, and expand business agility and capability. At the
same time, we wanted to run our enterprise systems in a cloud
environment with no increase of the cost if our cloud consumption
is constant and unmodified. When we compared the performance of our
enterprise systems on cloud services from several providers, the
IBM Cloud came out on top," says Siegfried Fatzi, general manager,
NOVIS Insurance Company.
"NOVIS is just one of the real examples of how IBM can help
clients deploy their ideas to global markets with speed,
scalability and elasticity," said Zuzana Kocmanikova, country
general manager, IBM Czech Republic and Slovakia.
IBM Cloud is accelerating digital transformation across the
global insurance industry by providing a secured platform for
creating new business value through services such as analytics,
artificial intelligence and blockchain. Today's announcement builds
on IBM's recent announcement that German private insurers joined
IBM and the country's largest statutory health insurer to offer
electronic health records to 17.5M
clients on the IBM Cloud.
About IBM Cloud
With $18.5B in annual cloud revenue, IBM is the global
leader in enterprise cloud with a platform designed to meet the
evolving needs of business and society. Moving past productivity
and cost improvements, the IBM Cloud is tuned for the AI and data
demands that are driving true differentiation in today's
enterprise. IBM's private, public and hybrid offerings provide the
global scale businesses need to support innovation across
industries.
For more information on IBM Cloud, visit:
https://www.ibm.com/cloud/
For more information about NOVIS, visit:
https://www.novis.eu/en
Media Contact:
Vladislav
Doktor
IBM Media Relations
vladislavdoktor@sk.ibm.com
Sarah Murphy
IBM Media Relations
srmurphy@us.ibm.com
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