Built upon SAP Fioneer’s globally proven SAP Fioneer Cloud for Insurance [1], the new edition integrates Fujitsu’s proprietary functionalities and services tailored to the specific regulatory requirements and business practices of the Japanese insurance market. These all-in-one platform covers a comprehensive range of core insurance operations and systems such as product, policy and claim management. Offered as part of Fujitsu’s Uvance initiatives focused on the financial industry, which aim to accelerate digital transformation for financial institutions and contribute to solving societal challenges, the platform will support operational improvements for Japanese insurance companies and drive business transformation across the industry.
The platform is enhanced with Fujitsu’s unique developments, including functions, templates, and external data linkage capabilities that address specific Japanese market processes and legal regulations. As a first step, the platform will primarily feature common functions and business processes, such as language settings, along with capabilities specifically for automobile insurance, a high-demand area for both agency-based and online insurance.
Fujitsu will continue to expand the Japan Edition of SAP Fioneer Cloud for Insurance to support various types of insurance, including automobile insurance. This expansion will drive product, channel, and process transformation, as well as strengthen governance within the Japanese insurance industry.
Through the provision of financial industry-focused initiatives with Uvance, Fujitsu will help to enhance the operations of financial institutions and advance the realization of a more prosperous society.
AloJapan.com