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- DIGITAL TRANSFORMATION
Core (Re)Insurance
Digitalizing your operational processes is quite a challenging task. A lot of preparation goes into it, together with a well-defined vision and clear objectives.
So why not join forces with an experienced team that possesses world-class domain and technology expertise and minimize the hurdles on your transformation path?
Meet Hedwell.
HOW WE CAN HELP YOU
End-to-end Landscape Transformation
Get everything needed for a partial or complete landscape transformation of a (re)insurer’s core operations.
With our templatized implementation approach that reduces both costs and risks and improves time-to-market, you’ll achieve economies of scale.
- Experience quicker Business Value Realization through our pre-designed training and DevOps-based delivery models.
- Benefit from our strong track record of supporting and leading core (re)insurance transformations across many countries for all lines of business.
- Powered by SAP for Insurance portfolio (S4i) - the only wall-to-wall solution in the market + strong expertise along with data migration experience.
PORTFOLIO
Product Suite
Our expertise covers middle and back-office solutions for insurers.
Middle Office
Increase efficiency, accuracy and shorten administration times. Automate and speed up the processing of policies, claims, and altogether optimize the lifecycle of insurance objects. All by using SAP for Insurance.
- Product, Quotation and Underwriting Management (FS-PRO and FS-QUO)
- Policy and Claims Management (FS-PM and FS-CM)
- Incentives and Commissions Management (FS-ICM)
- Reinsurance Management (FS-RI)
- Collections and Disbursements Management (FS-CD)
Back Office
Optimize your accounting, reporting, and profitability management-related business needs in 100% compliance with the common insurance regulations by using the latest technology.
- Financial Products Subledger (S/4HANA FPSL)
- Insurance Analyzer (FS-IA)
- Profitability and Performance Management (PaPM)
- Analytics & Reporting (SAP HANA, SAP Business Warehouse (BW), Profitability and Performance Management (PaPM))
Benefits
Flexible product modeling
Reduced time to market
Efficient product lifecycle management
Improved process transparency
Wall to Wall Integrated IT Landscape
Cost reduction
Featured Services
With no impact on performance.
Our team is experienced in the latest available tools such as SAP ADP, Data Services, and LSMW. By following our 3-step process, you’ll achieve tangible business results in time and on budget.
- We start by analyzing costs, benefits, and potential risks associated with Data Migration to create a Fit to Purpose and Budget Data Migration Strategy.
- We advise on the approach and the timing of migrating Master data and Transactional data.
- From extracting, through transforming and loading, to the final reconciliation, legacy data is finally moved smoothly into the new solution without interrupting your business processes.
- High degree of domain knowledge,
- Expertise in latest project management methodologies
- Experience with multiple system integrators, in all lines of business, in multiple countries worldwide,
Honed in an international environment.
Together, we discover and design Business Solutions that enhance your SAP product suite implementation.
See your most bodacious ideas turn into viable technical components with help of our wide development skillset, knowledge of enhancement frameworks, and expertise in development guidelines.
Our current practice includes:
- ABAP (Procedural, OO, CDS views),
- OData services,
- Fiori and UI5, BO, BAPIs,
- and database modeling and development.
Industry Experience
The insurance industry faces disruptions from many market players as we speak. For Hedwell, it’s essential to keep pace with all the changes and extract valuable insights from real-world projects.
Find out more about our rich experience in various industries around the world and the results our clients achieved.
Moto
Pension
Health and Life
Credit
Start with confidence.
In such a challenging industry, no one should go through transformation alone.