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JMR Software data migration skills win lb1m contract for UK insurance house

Sapiens eMerge-based solution to improve administrative efficiencies while migrating existing data to a Web-enabled environment
Johannesburg, 21 Aug 2002
Read time 2min 00sec

South African software company JMR Software has successfully concluded a lb1 million (approximately R16 million) contract to provide data migration services to Liverpool Victoria Friendly Society, one of the UK`s leading suppliers of insurance and financial services.

The contract was part of an original lb8 million project undertaken by Sapiens in the UK to implement a Web-enabled insurance administration solution, which replaced an outdated suite of life insurance administration systems involving over 3.5 million life insurance policies.

"The existing systems were proving expensive to maintain and were unable to support Liverpool Victoria`s desired levels of customer service," said Charles Mattick, Director of JMR Software, which represents Sapiens rapid application development (RAD) technologies and methodologies in SA.

The Sapiens two-step solution, which was completed in just 21 months, involved the migration of all existing data to an IBM, Web-enabled environment, and the development of a fully integrated, dynamic life insurance administration application known as LifeLite.

According to Mattick, the decision to award JMR the contract, which involved seven of its programmers/contractors/staff was based on its previous track record with large financial services projects in SA.

"Because we are a South African-based company, we could also provide some cost advantages."

The JMR component of the project, involved transferring data from seven disparate systems, and integrating it onto a normalised DB2 database and 3270 IBM mainframe.

Sapiens`s eMerge solution will help enable Liverpool Victoria to streamline its business processes. The new solution will also offer one-stop process execution, reduced training needs and costs, greater transactional throughput, better management information, improved reliability and improved financial control.

Commenting on the project, Peter Munday, Head of Customer Services (Life) and Project Sponsor, said: "We selected Sapiens for this mission-critical project because of its proven ability to develop the highest calibre of large scale, Web-enabled systems quickly and cost-effectively. We are equally impressed with the expertise and dedication of the Sapiens project team, and their understanding of our critical business needs."

JMR

Established in 1987, JMR specialises in delivering turnkey custom-developed applications for mainframe, client server, Internet-based and wireless technologies, and has made major contributions in fields ranging from banking, transport, retail, chemical and pharmaceutical, to human resources and the insurance industry. The company has over 120 employees, and a large contractor base, which is deployed both in SA and the UK.

Liverpool Victoria

Liverpool Victoria is the UK`s largest Friendly Society. It manages over $8.1 billion of assets for its 2 million members and customers. It provides a wide range of products and services in life, general insurance and banking credit.

It is one of the largest direct insurers in the country. Also it is one of the financially strongest life offices in the country and consistently tops performance tables covering all terms of life cover up to 25 years.

Editorial contacts
Kerry Botha PR Kerry Botha (011) 803 5504 kerryb@kerrybothapr.co.za
Motswedi JMR Leon Theron (011) 484 5070 leont@jmr.co.za
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