Global Technology Insurance, together with Global Technology Services, will be providing a fully Internet-enabled insurance system, which will be available to clients by September 2000.
Clipstone Webber, CEO of Global Technology Insurance, says, "Global Technology Services is involved with the development of the Glosure insurance system, which will provide Global Technology Insurance Systems` (GTIS) clients with full access to the system`s functionality via the Internet. To optimise response times, high volume users will be able to use an Internet browser across dedicated telecommunications links to interact directly with the Glosure system."
It is also envisaged that the insurance system will interact seamlessly with Globus, Temenos` world-leading banking solution, distributed by Global Technology Banking. This will enable Globus users to have full, integrated access from the Globus system to the insurance functionality of the Glosure system. This is a major benefit for banking clients, as banking and insurance services are increasingly converging.
Webber continues, "One of the many advantages of this development is that insurers using the system will be able to conduct business transactions with their intermediaries, without the need for costly, dedicated data lines."
The system will also allow for the formation of the virtual office, providing clients with full access to the insurance system from any Internet access point. Intermediaries will be able to interact electronically with their clients, with the added advantage of the Bolin facility. Brolink forms the link between brokers and insurers, using GTIS`s solutions. This will enable intermediaries and their clients to process transactions with multiple insurers.
"This exciting development will add greatly to our broker clients` strategic advantage, and will enhance their sales, marketing and customer service. Ultimately, it will also improve profitability for both our clients and Global Technology Insurance," concludes Webber.
Global Technology is the leading supplier of software solutions to the banking, insurance and financial services sectors in Africa and Australia, and is in the process of expanding its horizons into South America.
Share
