‘EUROINS Insurance’ JSC is one of the first insurance companies in Bulgaria. The services of the company cover a wide range of risks and provide comprehensive insurance services. The portfolio of the company encompasses over 63 insurance products. ‘EUROINS’ JSC has offices in 87 towns in the country and it works with more than 4,000 intermediaries.
The main shareholder of ‘EUROINS’ JSC is ‘Eurohold Bulgaria’ JSC.
A solution is introduced to manage the financial performance of the organizations – ‘LucaNet’, in the part covering the automation and optimization of the fiscal consolidation process.
The solution covers two main phases of the consolidation process – collecting and loading data from subsidiaries into a unified system, and automating consolidation by presenting the data from the final report:
As a final result, a unified data collection process from subsidiaries has been achieved in the holding structure, which includes:
After the data collection, a process of automated consolidation begins with the following: