News regarding IBA Applications and our customers

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IBA at DIA Barcelona 2016

IBA was invited to present how IBA conducts Digital Insurance Innovation with IBSuite, Insurance as a Platform at DIA Barcelona 2016.

We are hiring

IBA is implementing several new IBSuite Software-as-a-Service solutions, and we need 2 new project managers as well as a number of product specialists. IBA is a Born Global company with high growth rates and even higher aspirations, with customers currently performing their business in 25+ countries. We are headquartered in central Copenhagen, Denmark, with business partners on three continents.

As an IBA project manager you will bring projects safely and successfully to their goals, being responsible for time, finances, quality of deliveries, and not least customer satisfaction.

As an IBA product specialist you are technically rooted in the project, being responsible for a high quality of even complicated functions, processes and data. You work closely together with clients, partners and your colleagues.

 

New white paper on Insurance IT projects

We have all heard of projects with massive overruns and severe benefit shortfalls. And maybe you’ve even tried yourself to be presented with a revised project schedule and an extra bill far too close to what you believed was the project delivery date?

In IBA’s new white paper we argue that there are five significant drivers of our considerably shorter implementation time of an insurance IT project. These five drivers are all summed up in the statement “Complexity is the enemy” because reducing the complexity of the project is the only way to speed up implementation. And the best thing is; the impact of reducing complexity is non-linear. So, a project team of three people can actually achieve the same as thirty people on other insurance IT-platforms.

This is why large projects should be avoided, and why IBSuite makes such a big difference.

Extract of the paper:
Software platforms vs. standard applications

Many enterprise insurance solutions today come as standard packaging with pre-defined processes and products, which then can be adapted to the insurance company through an implementation project. If we draw a parallel to building construction, this would be the equivalent to a construction process where you always started with a default 100-story building, and then demolished what was not needed and redecorated the rest remembering that the load-bearing walls cannot be moved. And often you probably wouldn’t demolish anything to avoid collateral damage, and accept the cost of extra maintenance and utilities for the surplus square-meters.

Get the White paper here

Launch of IBA Market Place

We are pleased to announce the launch of IBA Market Place, your directory of implementation, application and data services by IBA Business Alliance Partners, all integrated with the IBSuite multi-channel sales and policy administration system.

“Not only is this very convenient for our customers in the insurance industry” says Søren Hebsgaard, VP of IBA Products & Partners. “We also believe it is another great evidence of the value of building ecosystems around IBSuite. When operating in today’s rapidly changing insurance market, partnerships with specialist companies are essential, and with this pool of value adding services, existing and future customers will simply get even more out of IBSuite when integrating the services offered at IBA Market Place. And our business partners will continue to add more services.”

Examples of application services are invoice services, automated handling for assessment reports and automated motor claims handling.

Visit the IBA Market Place and get inspired to extend your IBSuite solution.