London, United Kingdom, July 04, 2015 --(PR.com
)-- Keylane|Quinity is growing an international client base for its policy and claims administration solution that helps insurers to deal with today’s business challenges.
In 2014 the company launched local operations in the UK and in early 2015 expanded into Germany. Chris McQuade, UK Sales Director says “I have worked in the insurance industry for over 20 years. Yet, today, UK general insurers face many more challenges particularly with rapid changes in consumer demands and the way in which they want to deal with their insurance company. QIS from Keylane provides a modern, low-cost, easy to use solution that addresses these challenges and we are pressing ahead with several insurers to see how we can meet their demands.”
Keylane has a strategy for strong organic growth, but will also acquire other companies to achieve its overall aims. November 2014 saw the group acquire Mantacore in Sweden, as a strategic move to consolidate the group’s brands into a single cohesive unit and to take on more exceptional talent from Mantacore. This move has created a solid forward base for all Keylane activities in the Nordic region
“This move is a logical step forward as we integrate offerings, services and software solutions within the Keylane group,” says Finn Oskarsson, Regional Director – Keylane Nordics. “Our customers can now more easily access the broad product portfolio of Keylane that consists of market leading standard solutions for portals and core administration systems for life-, non-life and pension institutions.”
In increasingly competitive markets the ability for insurers to launch new products fast is critical to maintain a competitive edge. Yet, they also need to control costs and deliver exceptional customer service to increase profits and grow market share. QIS provides full support for digital services, including portals, tablets, and mobile phones; as well as offering full-cycle straight through processing across front, middle and back office functions.
QIS is a proven, new-breed of modern insurance solution and is included in the top right quadrant of the Celent 2014 EMEA Policy Administration diagram that endorses its breadth of functionality and advanced technology.
“We are now in an excellent position for further building and rolling-out Keylane’s international presence. Keylane has a well-defined international approach with compelling and cost effective solutions. Success in the future will be based on an operation’s ability to engage the customer through convenience of access, efficiency of operations and personalisation of service. Making that adjustment in both business models and technology systems is a challenge that must be faced sooner rather than later in today’s increasingly competitive marketplace,” concludes Ronald Kasteel, member of Keylane’s executive board responsible for Strategy and M&A activities.
Keylane|Quinity was founded in 2000. Two of the five founders are still working for the company and are executive board members of Keylane. The company’s focus is to help insurers to excel in business innovation, operational excellence and customer intimacy. It achieves this by providing a single, integrated platform for insurers – QIS (see above) – and by providing associated services for implementing and maintaining the solution to support its customers. Keylane|Quinity is based in Utrecht, Netherlands, and has over 150 employees. QIS dominates its domestic market and is enjoying an expansion of its customer base throughout Europe and beyond. This success has led to new, dedicated offices being opened in the UK and Germany. There is an excellent relationship with existing clients where, in each case, QIS has been delivered in line with expectations and has produced the commercial benefits predicated by the business cases that drove the projects.
Keylane is a leading European software solution supplier to the insurance and pension industry. The company develops, implements and maintains flexible standard software solutions for processing the functions of non-life and life insurance companies, pension funds and third party administrators. With our implementations, our clients attain reduced time-to market for product innovations, cost savings on IT and manpower and excellent customer service. Clients can rely on our extensive knowledge of the insurance and pension industry, our proven implementation methodology and our dedicated team of employees to ensure successful implementations. www.keylane.com
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