Fortis launches new direct business on eBaoTech GeneralSystem
Ditzo, a new Fortis direct insurance company targeting the retail customer in Holland, has its web launch on 25th October 2007, mass media introduction over a Dutch national TV campaign on 12th December 2007, with billboards and the foundation of a virtual insurance company, called “Ditzo”, using GeneralSystem as the core policy administration system, which was adapted very quickly to the Dutch market requirements.
With the launch of Ditzo, Fortis aims to generate 25% of its new insurance policies through Ditzo by 2010 and inspires to become a top-3 player in the field of online private insurance.
eBaoTech used its expertise in the areas of policy administration and insurance product design together with Fortis staff and other partners to implement the products and process in record time of only five months .
eBaoTech developed Ditzo’s back office application , which interacts through web services with an e-business website developed by partner Virtual Affairs . With this, Ditzo’s clients are able to purchase their insurance coverage online via www.ditzo.nl. The damage reports are processed and policies can be modified 24/7.
To make this possible, real time interfaces were realized using eBaoTech’s modern policy administration system to a multitude of surrounding systems. This tight integration significantly increased the level of efficiency within Ditzo. For consumers, the complete online application of insurance without a mediator has become quick and easy and can be flexibly maintained.
Car insurance is the first in a series of insurance products with which Ditzo has launched to establish itself in the direct market. Within a short period of time, additional products were lunched like home, fire & theft and third party insurance. eBaoTech will continue to help Fortis expand Ditzo’s portfolio into travel insurance and legal expenses insurance in the coming months.
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