"D2 insurance" completed the first stage of the project on transfer of key business processes

On February 13, 2017 the Center of Financial Technologies announced end of the first stage of the project on transfer of key business processes of insurance company to a technology platform "CFT there is an Insurance company" in JSC D2 strakhovaniye.

JSC D2 strakhovaniye (2017)

Project Progress

The D2 Insurance company uses the software as "cloud" service. The system of CFT Insurance is installed at server capacities of DPC of CFT: the vendor performs user support of a system, its development, maintenance, updates.

In parallel with transfer of key business processes to the IT platform the D2 Insurance company performed connection to the Federal City System. Now users of the City System have an opportunity to online make out policies of assurance of apartments.

""D2 Insurance" raised internal standards of reliability and technological effectiveness to the level comparable to bank. We specialize in B2B segment, first of all – bancassurance, and with banks at us the general end consumer – the individual. Already today we are ready to develop and support the services conforming to requirements and standards of our partner banks. In many respects the choice of the IT platform by us was caused by the experience in automation of financial institutions which is available for CFT and in, particulars, automation of accounting in the banking sector according to requirements of the Central Bank of the Russian Federation. The mega-regulator transfers a number of bank accounting principles also to the insurance industry". Yury Vavilov, CEO of JSC D2 Strakhovaniye

"It is sure that the "Software as Cloud Service" model will become a good rule and for participants of insurance market. Outsourcing proved in respect of cost reduction. High-tech solutions which are necessary to insurance companies now occasionally cost expensive, but it is always possible to find an optimal variant – outsourcing which allows all players of the market to compete on equal terms the points of view of IT providing". Andrey Visyashchev, chairman of the board of the CFT Group