GVV selects Keylane Axon, a SaaS platform, to replace its current insurance core system.
GVV and Keylane announced today, that GVV has selected Keylane Axon to modernise GVV’s end-to-end application landscape on a future-oriented SaaS platform. Keylane Axon is a standardised, open SaaS platform, in a fully controlled and secure, private cloud environment that completely integrates with a customer’s application landscapes. Robust and scalable, Axon is a powerful, highly configurable platform that will be delivered as a service with frequent updates.
Compliant with German regulations and localised to the German market, Axon will support sales and distribution management as well as underwriting, policy and claims management for GVV’s core operational insurance processes across all lines of business.
Wolfgang Schwade, CEO GVV Group said:
”Implementing our IT strategy is of utmost importance for achieving our corporate goals. This is particularly relevant today considering the rapid change and progress of technology. We are very much looking forward to our collaboration with Keylane.”
Adalbert Bader, CFO GVV Group added:
“Axon is a key element of our target IT architecture and the modernisation of our back-end systems. Working with Keylane to run our core insurance systems in a SaaS environment will enable us to focus even more on customer needs, enhancing our front-end systems and delivering high quality products and services to our clients.”
GVV is one of the first German insurers in its decision to adopt a full SaaS solution and benefit from a standardised platform with Keylane Axon.
Ralf Timmer, CEO Keylane, commented: “We are delighted to help GVV achieve their long-term goals and look forward to a great ongoing cooperation. With the delivery of Keylane Axon for GVV, we continue to expand our presence in the German market and remain dedicated in providing market leading SaaS solutions, which truly amplify the business of our customers and enable their success.”
Ron van den Broek, Executive Director Non-Life Keylane and Managing Director of Keylane Germany, added; ”I am very excited to enable GVV to bring its private, commercial and municipal lines to SaaS and the multitude of possibilities true cloud technology will deliver for them. This is quite an accomplishment in a legacy challenged and highly competitive insurance industry.”
More information on GVV
GVV-Kommunalversicherung VvaG is one of the largest municipal insurance companies in Germany. Since 1911, GVV-Kommunal has been insuring cities and municipalities, districts, municipal companies and savings banks with tailor-made insurance concepts and services. GVV-Privat, a subsidiary of GVV-Kommunalversicherung VvaG, founded in 1989, provides non-life insurance solutions to the German retail market.
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More information on Keylane
Keylane is a leading SaaS platform provider for the insurance and pension industry. Keylane empowers the insurance and pension industry to transform their business and achieve their goals through innovative solutions that redefine how insurance software works. Over 150 customers across Benelux, Nordics and DACH regions run their business on Keylane platforms.