Legal expense insurance
To achieve the required margins in private and commercial legal expenses insurance in Germany, insurers increasingly have to automate administration and claims processes and use service networks to attempt to limit claims frequency and settlements.
In Switzerland, the legal expenses business continues to experience above-average growth. However, this is also combined with a trend towards rising claims ratios that is apparently the result of an increasingly litigious environment.
Modern core insurance systems provide the optimal basis for these process improvements and establish the foundations of a win-win situation for customers and insurers.
This is precisely where our software solution Adcubum Syrius comes in: it enables our customers to overcome challenges in private and commercial business and maintain a competitive edge over other insurers.