Today insurance and pension companies are more and more aware that they need smart technology as a backbone to support successful day-to-day operations. They clearly see the benefits of for example integrated front, mid and back office support, straight through processing and easy omni-channel distribution. As a result, Keylane is pleased to welcome many new customers and to be involved in various large modernisation projects.
Digitisation and customer self-service are important themes in the non-life insurance market. They are key to the new large modernisation projects Keylane is working on in the Netherlands and Belgium. In addition, we are introducing telematics for a Dutch customer and launching new commercial products in Belgium and Germany for a European insurer.
In the life insurance market we are busy with a large closed books migration project in the Netherlands. We also run a challenging new business implementation in the UK. We experience lots of opportunities in life insurance migrations in the UK and the Keylane solution proves to be a competitive solution.
Recently we successfully implemented the Keylane pension solution for a Dutch pension fund and started a second phase to implement a member portal. For another Dutch customer we are making good progress in a challenging project to support a new form of pension fund (APF, Dutch abbreviation).
Software as a Service
In replacing legacy systems business are beginning to turn to Software as a Service (SaaS). We noticed that this trend has strongly developed into the insurance and pension market, as hundred percent of the deals we closed in 2015 are SaaS deals.
Because of the growing business, Keylane is continuously strengthening its team with experienced professionals. Thirty new employees joined Keylane in the first quarter of 2016.
We are pleased to introduce some of them to you:
– In March Marcel Dijkman started as a portfolio manager.
Marcel has a strong background in IT and architecture and will be working on the Keylane product roadmap in the CTO office.
– Jan Lindeboom started as a principal consultant 1st of April.
Jan has a long history in insurance and will advise customers on topics like straight through processing, self-service, analytics and direct writing.
– In May, Rian de Heer will start as our new Delivery Director Life and Pension Benelux.
Rian gained lots of experience at large pension funds and combines this with a strong background in IT. He will be responsible for all the delivery activities for Keylane’s life and pension clients in the Benelux.