Euler Hermes Selected IDIT Insurance Software for Group Policy Administration

Share Article

Multi-year agreement to deploy a Core Policy Administration platform, valued at several million Euros.

IDIT Technologies - General Insurance Software Solutions
We selected IDIT for this mission-critical project because of its intuitive, guided modern and customer–oriented user interface, associated with impressive workflow and business rules engines.

IDIT I.D.I. Technologies Ltd. announced today that Euler Hermes, the world’s leading credit insurer, and a member of the Allianz Group, has licensed IDIT Software Suite as their centralized solution for core credit insurance business.

IDIT Software Suite will be deployed as the common application for full value-chain coverage in four countries, where Germany is the pilot followed by UK, Italy and France. The new platform will allow Euler Hermes implementing superior functionally of Policy Administration, Product Factory, Rating, Underwriting and Workflow Rule Engine across multiple channels, in full SOA-based integration with the insurer’s best of class credit intelligence network.

Florence Lecoutre, CIO at Euler Hermes, commented, “We selected IDIT for this mission-critical project because of its intuitive, guided modern and customer–oriented user interface, associated with impressive workflow and business rules engines, based on a structured architecture that completely fit with Euler Hermes tailor-made credit-insurance business.”

Yoel Amir, CEO, IDIT Technologies, added, “We are proud of being selected by Euler Hermes, the world leader in credit insurance, for this cutting-edge project. We are dedicated to the success of this partnership and look forward to providing the best insurance technology solution that addresses Euler Hermes’s global strategy.”

About Euler Hermes
Euler Hermes (http://www.eulerhermes.com) is the worldwide leader in credit insurance and one of the leaders in the areas of bonding, guarantees and collections. With 6,000+ employees in over 50 countries, Euler Hermes offers a complete range of services for the management of B-to-B trade receivables and posted a consolidated turnover of € 2.15 billion in 2010.

Euler Hermes has developed a credit intelligence network that enables it to analyse the financial stability of 40 million businesses across the globe. The Group insured worldwide business transactions totalling € 633 billion exposure end of December 2010.

Euler Hermes, subsidiary of Allianz, is listed on Euronext Paris. The Group and its principal credit insurance subsidiaries are rated AA- by Standard & Poor’s.

About IDIT:
IDIT I.D.I. Technologies Ltd. is a global provider of enterprise software solutions for the insurance & financial markets. Our solutions are based on IDIT Software Suite – an enterprise insurance software product which integrates the business capabilities essential for any insurance provider.

Founded in 1998, IDIT I.D.I. Technologies is a member of the Formula Vision group and employs over 165 insurance and IT experts across Europe, APAC and Israel. Its clients include Eureko, Interamerican, Oranta, MMA, Anadolu Sigorta, Whittington Direct Asia, PolisDirect, IAK, Vanbreda, RAC Insurance, Groupama and Direct Insurance Financial Services among others. The company also has a number of strategic partnerships with leading systems integrators and consulting firms such as IBM, HP, PwC, JMR UK, BSB, Ibexi and others.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Moshe Shamir
IDIT Technologies - Insurance Software Solutions
(972) 362-5095 x1
Email >
Visit website