Seamless reinsurance lifecycle management and data consolidation

Customer Story

msg global  was an invaluable strategic ally in the implementation of our project due to its commitment to excellence and customer focus. Their ability to adapt to our specific needs in a different cultural environment and language was exceptional. The connection we established based on trust and respect was fundamental to the success of the project, as msg global team became an extension of our team, going beyond our expectations. We are very grateful for your support and collaboration!

Aide Patricia Montoya Alzate , Project Manager 

Sura Re logo

Sura Re successfully improved reinsurance lifecycle management and data efficiency by implementing solutions FS-RI and FS-CD.

Company
Sura Re

.

Headquarters
Bermuda

Industry
Insurance

Products & Services
Reinsurance Solutions

Employees
5+

What was
Accomplished

Sura Re is now enabled  to efficiently manages its entire reinsurance lifecycle and consolidates data seamlessly, thanks to the implementation of SAP FS-RI and FS-CD solutions.

Solution

SAP S/4HANA Cloud for Reinsurance

  • End-to-End Reinsurance Management: Implemented SAP FS-RI for comprehensive lifecycle management and FS-CD to streamline data collection and consolidation.
  • Enabled greater operational flexibility and robust insights through customizable features and advanced analytics.

LEARN MORE

Challenges

Data Migration Challenges

  • Dispersed and fragmented data requiring consolidation from various Excel files
  • Lack of a unified system for efficient data migration and management
  • Tight project timeline, demanding swift and efficient implementation,while it was completly done in Spanish language.

Benefits

Flexible, Insightful and Seamless


  • Tailored Flexibility: FS-RI’s customizable features enable Sura Re to adapt the system to their evolving needs and portfolio growth.
  • Advanced Reporting & Insights: Robust reporting tools provide valuable, actionable insights into Sura Re’s reinsurance operations.
  • Smooth, Spanish-Language Rollout: Seamless implementation with all documentation, meetings, and training conducted in Spanish.

Why
msg global

Operating from offices across the globe, our expert teams help clients achieve operational efficiency and improve decision-making capabilities.

INDUSTRY
Experts

An international reinsurance team of 300+ consultants with extensive technical knowledge and reinsurance experience.

Reliable
Partnership

We guide you through your transformation project and support you in every phase of using our solutions.

Innovative
Leadership

Actively driving reinsurance efficiency and data consolidation through the strategic implementation of SAP solutions, setting standards for operational excellence.

Flexible
Solution

Empowers your business to grow, expand into new regions, and explore diverse business opportunities.

How can we help?
Contact Us Today

Over 2,500 insurance professionals work globally under the msg brand. At client locations, development offices and innovation centers, we continually add to our expertise to exceed client expectations.

Get in touch

msg global Mike Santoro

Mike Santoro

Short profile
© 2024 msg global solutions ag