Kewill to provide single point of contact.
Groupama Insurances has enlisted Kewill to help simplify its electronic trading processes with its business partners.
The long-term deal will see Groupama use Kewill InsuranceXchange (KIX) as a fully hosted, managed solution to augment its electronic communication and trading platform. In order to accommodate the variety of systems and communications routes being used by its business partners, KIX will support Groupama by collecting and delivering data in a format that can be received regardless of what back office systems are being utilised by trading partners.
Ken Hutchinson, e-Business trading manager at Groupama, said: “The vast majority of Groupama Insurances’ personal lines business is traded on a full cycle EDI through all software houses and larger intermediaries, receiving the policy data from various value added networks (VANS). This involves regular negotiations with each VAN regarding costs, all of which have different pricing models as well as levels of service, with invoices received from each of them on a monthly, quarterly or annual basis.
“KIX will take over the management and negotiations with the VANS enabling us to have one point of contact for any issues and one invoice, helping us to manage our budget better. Not only that but we will make savings too.”
Debbie Baker, insurance business unit director for Kewill, added: “Groupama Insurances is a highly respected insurer, especially in the field of electronic trading, and we are delighted that Kewill has been chosen to enhance their leadership position. The insurance industry is facing connectivity challenges this year and by selecting Kewill, Groupama Insurances can face these challenges head-on and open up new routes to market.”
