Group of companies
Each insurer in the group works in its own environment: in a shared database separated by organization or in a separate database. Data is stored in the insurer’s region, and the parent company sees consolidated figures for subsidiary insurers in different countries.
Plan Enterprise plan.
What is inside
- A shared database separated by organization or a separate database per insurer
- Automatic creation of a separate database with migrations and reference data
- Data storage region: a node refuses service to an insurer from another region
- Each insurer has its own settings, brand and account credentials
- Holding consolidation
- Installation in the client’s infrastructure with an offline license
Conditions
The isolation mode is chosen when the insurer is set up. A move from a shared database to a separate one is planned as a migration.
These parts of the module are on the product roadmap. We confirm timing and scope during implementation.
- Consolidated group reporting under IFRS
- Delegation of permissions between group companies
Frequently asked questions
Can each insurer’s data be kept in a separate database?
Yes. A separate database is created automatically with migrations, reference data and its own file prefix.
Where is the data stored?
In the insurer’s storage region. A node in another region does not serve its requests.
Does the holding see the figures of its subsidiaries?
Yes. The holding consolidation collects the metrics of subsidiary insurers from different countries.
Use cases with this feature
Other features
Shall we show the system on your products?
We will build your product in the builder, take a policy from quote to claim and estimate the implementation cost for your lines of business and countries.