PRESS RELEASE

Cegedim Insurance Solutions launches BEYOND: the personal insurance market's first

services hub

Innovative modular solution caters to the needs of all

types of users in the industry

Boulogne-Billancourt, July 6th, 2020

Cegedim Insurance Solutions, a major player in health and personal protection insurance software and services, announces the launch of BEYOND, the first next-generationservices hub designed specifically for users in the field of personal insurance.

The personal insurance market is undergoing a transformation in response to both structural factors (restrictive regulatory framework, changing policyholder needs, etc.) and circumstantial factors (emergence of new players, hyperconnectivity, increasingly digital offerings, etc.). As a result, personal insurance providers are facing some serious strategic choices.

Given that 71% of policyholders* want a simpler product and want their health insurance provider to be their sole contact for reimbursement (service aggregators), the need to adapt presents insurers with a real opportunity. To seize that opportunity, insurers will need an information system that gives them an edge in developing their ecosystem and remaining competitive. BEYOND, the new offering from Cegedim Insurance Solutions, is the tool they need to transform themselves.

BEYOND: a cutting-edge services hub

BEYOND covers personal insurance providers' core activities (policies and premiums for individuals and groups; health and personal protection services) while also offering innovative new services designed and created by Cegedim and its trusted partners.

This modular new offering uses microservices to adapt to each insurer's specific needs. The programming is open- source and secure, so clients can easily integrate it into their current systems. Lastly, its SaaS architecture can be rolled out in a flash, and it integrates seamlessly with Cegedim Insurance Solutions' existing solutions, including ACTIV'Infinite.

Cegedim Insurance Solutions designed this new offering to simplify and automate business processes while optimizing the user experience and productivity.

Cegedim

137 rue d'Aguesseau, 92100 Boulogne-Billancourt Tél. : +33 (0)1 49 09 22 00

www.cegedim.fr

SA au capital de 13 336 506,43 euros

SIREN 350 422 622

R. C. S. Nanterre B 350 422 622

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PRESS RELEASE

BEYOND: the answer to health and personal insurers' needs

BEYOND facilitates digitalization and links in-house teams with outside providers in the personal insurance ecosystem. It allows users to:

  • Manage operations: manage processes and detect deviations in real time using dashboards.
  • Optimize business activity: adapt to regulatory changes; make digital technologies integral to business processes.
  • Boost productivity: automate all processes using robotic process automation (RPA) and AI for data entry.
  • Secure operations: increase security by running simulations and checking for consistency; centralize reference data.
  • Manage the claims ratio: detect fraudulent behavior; services help limit expenses.
  • Accelerate time-to-market: easy to configure, intuitive interface, continuous delivery.
  • Strengthen innovation: services platform, regular offerings of innovative products and services.
  • Get more out of the tech: daily operations monitoring; flexible, accessible, and scalable; cut costs.

"BEYOND capitalizes on our know-how and our expertise in the personal insurance sector, and combines IT industry best practices and standards. This new offering will allow insurance companies to speed up the launch of successful new transformation projects," says Philippe Simon, CEO of Cegedim Insurance Solutions.

  1. Cegedim Insurance Solutions 2020 white paper: "Open Insurance, la stratégie gagnante pour dynamiser l'assurance santé ?"
    (Open Insurance: the key to a dynamic health insurance market?)

About Cegedim Insurance Solutions:

Cegedim Insurance Solutions is playing a key role in the transformation of more than 200 personal insurance sector entities: Insurance companies, mutual insurers, provident institutions, and brokers in France and abroad.

It is doing so by offering both cloud solutions and industry-specific services (third-party payment and data flow management, and outsourced management) and expertise (analytics, consulting) in the fields of health and personal protection insurance.

To learn more, please visit: www.cegedim-insurance.com.

And follow Cegedim Insurance Solutions on LinkedIn and Twitter@CegedimIS.

About Cegedim:

Founded in 1969, Cegedim is an innovative technology and services company in the field of digital data flow management for healthcare ecosystems and B2B, and a business software publisher for healthcare and insurance professionals. Cegedim employs almost 5,000 people in more than 10 countries and generated revenue in excess of €500 million in 2019. Cegedim SA is listed in Paris (EURONEXT: CGM).

To learn more, please visit: www.cegedim.com

And follow Cegedim on Twitter: @CegedimGroup,LinkedIn and Facebook.

Aude BALLEYDIER

Charlotte LAOUR

Céline PARDO and Irène SEMERARO

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Cegedim Insurance Solutions

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Media Relations

Marketing

Media Relations

and Communications Manager

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(0)6 52 08 13 66

Tel.: +33 (0)1 49 09 68 81

Tel: +33 (0)1 49 09 31 01

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Cegedim SA published this content on 06 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2020 16:45:02 UTC