Bulgarian consultancy company Balkan Services successfully completed the first development stage of a Business Intelligence project within Victoria Insurance Company.
With this solution the company will have a fast and efficient access to the information on all of its activities throughout the years in all agencies in the country. The information system of the company was integrated with the accounting system – “Ajur” – on the basis of a model, suitable for calculations which are typical for the insurance business. A connector for “Ajur” was developed for this purpose.
This makes it possible to quickly and easily synthesize relevant information about the claims ratio, portfolio characteristics, premiums received, comparisons to previous years, insurance reserves, operating costs etc. The project continues and the second phase will complete the entire platform to facilitate and optimize the company’s performance in preparing and submitting detailed reports to state insurance institutions and interested third parties.
"We are extremely satisfied with the professionalism Balkan Services implemented the project with – the company fully met our specific needs and requirements. Thanks to our collaboration we achieved optimal results – now our activities are carried out with greater speed and integrity of information " – said Oleg Ivanov, Director of Information Services. More about Victoria In 2012 the Victoria Insurance Company celebrated its 10th anniversary. Victoria is part of one of the largest insurance groups in the world – Generali Group, and it has a license for all types of insurance within the scope of general insurance companies. It has its own sales network widely deployed throughout the country, with presence in all major regional administrative centers. With more than 70 offices in the country and 240 staff, Victoria is among the top ten insurance companies in Bulgaria.