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INTELLIGENT BRANDS // Software for Business
ATOM, the ‘most advanced insurance
platform in the World’, is being co-
developed by elseco and SAP
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The in-memory technology of SAP
HANA® is enabling the seamless analysis
of big data with concurrent updating
of risk pricing and selection. The API-
driven platform allows elseco member
insurance companies to have real-time
access to their portfolio, performance
analysis and bordereau reports.
Compliance is even built into the process
flows allowing different classes of users,
control of licenses and monitoring of
sanctions, limits and risk accumulation.
www.intelligentcio.com
S
AP SE has announced that elseco Limited, a leading high
technology insurance underwriting agency, has partnered with
SAP as co-innovation partner to develop its ATOM insurtech
next generation technology platform on SAP Core Insurance Suite,
Hybris and S4/HANA, powered by SAP HANA.
The ATOM technology platform will result in more efficient
underwriting and lower running costs, allowing insurance companies
to benefit from: (i) Ecommerce Exchange where agents, customers
and insurers can collaborate; (ii) Automated end-to-end premiums to
claim processing and billing; (iii) Big Data (iv) Predictive analysis and
artificial intelligence; and (v) Relevance via efficient pooling.
From its headquarters in the Dubai International Financial Centre
(DIFC) in Dubai, UAE, and offices in London, Paris and Washington
DC, elseco’s current platform is supported by 60 of the largest
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