Case Studies

Scyllogis Consulting have been helping customers within the Insurance sector continue to achieve significantly higher levels of business performance from their data management programmes and information systems since 2001. Read how we have worked with some of these customers to achieve significant business results across the world, in our case studies.

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Consulting Expertise
Insurance organisations today are no more effective at delivering on large-scale data management initiatives than they were 10 years ago. In a recent survey, 70% of the companies said their data management initiatives did not deliver the expected results. That success rate was unchanged from similar surveys conducted in the 1990's. And the environment for data management is only getting more complex.....

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Our People
At Scyllogis Consulting all of our consultants have significant experience gained from within the Insurance market. Our people and our culture are our greatest assets. We only select people with relevant experience, intelligence, integrity, passion and the ambition to make a mark and deliver to our Customers the Scyllogis brand values of practical, results based consultancy. Our Consultants are pragmatic and open minded. That is why we deliver solutions that others dont.....  Read More
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Insurance Data Management Specialists...

Insurance Systems Expertise...

Global Markets Data Integration Capabilities...

Scyllogis Consulting provides data management consultancy exclusively for the exacting and specialised demands of the Insurance industry.

Our reputation for responsive, collaborative and effective data management consultancy has been gained by working with clients in all sectors of both the Insurance and Reinsurance industry, spread across a wide range of geographic markets, to implement and manage business-critical IT programmes. 
 
Insurance IT ConsultancyOur concentration within the Insurance and Reinsurance sectors ensures our consultants’ experience has been acquired, and is continuously developing, within this highly specialised market, with particular emphasis on the data technologies required to enable London Market Reform and Insurance Electronic Trading.

Scyllogis’ other areas of specialisation include Insurance software development and Insurance systems integration utilising ACORD message standards wherever possible.

Whilst Scyllogis remains independent from any specific software vendor, we have built up strong capabilities implementing  Insurance applications including GENIUS, i/90, Open Box+ , Open Co+ and Iris amongst many others and their integration with other enterprise systems or external trading partners.

The ongoing engagement of Scyllogis on global market projects ensures a combination of sector understanding and experience of its practical application around the world. This marks out Scyllogis as a uniquely capable and valuable enterprise partner.

We consider that the successful realisation of any data management project is best achieved when the indigenous resources of the commissioning company are complemented and supported by the requisite skills of a specialist Insurance Data Management Consultancy.

Scyllogis works in close partnership with our customers, taking full responsibility for each area of all project sassigned to us. Every one of our team members is able to provide the technical abilities, industry knowledge and workplace skills necessary to assume this role on our behalf.

 
The Role of Enterprise Architecture is No Fable

This article was written by Frank Petersmark, and is reproduced courtesy of ACORD

CIOs must be more like the ant than the grasshopper.

In Aesop’s fable, “The Ant and the Grasshopper,” the frugal ant laid up food for winter and survived when it got cold.  The grasshopper didn’t and died when its food ran out.

Today’s CIOs must be more like the ant, but they also need a bit of grasshopper in them.  They must balance the need their organizations have for immediate and impactful value from IT, while at the same time building the business technology foundation that will insure long-term business value and capabilities.

In today’s hypercompetitive marketplaces, CEOs, CFOs and CIOs have to be convinced that their business technology investments and environments will produce real business advantages for them, over the short and long term.  These leaders increasingly recognize the value in employing a well-conceived and constructed enterprise architecture as a necessary prerequisite for the success of any major investment or project.  In the same way that no builder worth his salt would erect a building without an architectural blueprint, no CIO should put their organization or themselves at risk without an architectural technology blueprint to serve as a guiding light.

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Bermuda Takes on e-Business Efficiency
This article is reproduced courtesy of Michael Carroll, ACORD

In late-2011, a new ACORD group formed in Bermuda to take on the issues of efficiency, eBusiness, and Standards. While under the auspices of ACORD, the group adopted the name Bermuda Ruschlikon Steering Committee and shares the same goals as the Ruschlikon Group in Europe and the US Reinsurance Committee. Bermudian flag

Bermuda's insurance and reinsurance market have risen rapidly over the past decade. According to the Bermuda Monetary Authority in February: "the Bermuda insurance market remained resilient in 2011 and continued to absorb the impact of market issues, including a continued softening of prices, low interest rates and above-average losses from natural catastrophes."
 
They went on to quote Shelby Weldon, Director, Insurance Licensing & Authorizations who stated: "The latest available statistics show the Bermuda insurance market achieved
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Scyllogis Consulting Announces Strategic Partnership with Amethyst Business Consultancy
Partnership will help London Market firms achieve optimum operating model by taking greater advantage of emerging technologies.
 
Scyllogis Consulting are pleased to announce the formation of a strategic partnership with Amethyst Business Consultancy, a provider of bespoke broker operations and management consultancy, that will result in the establishment of a an enhanced broker operations service offering, based on the Insurance technology expertise of Scyllogis collaborating with the London market operations experience of Amethyst.

Scyllogis Consulting has built a strong reputation as a market leading, product-impartial provider of technology and data management consultancy services specifically for the global (re)Insurance markets.  Forming a partnership with Amethyst demonstrates the perceived synergy and high regard Scyllogis has for Amethyst’s services portfolio, delivery capability and their corporate ethos.

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Insurance Day Summit 2012

Informa’s Insurance Day Summit is taking place this year at The Grange Tower Bridge Hotel, London on 15 & 16 May 2012.  The line-up is already shaping up to be the most distinguished in its seven year history. Delegates can expect to gain strategic advice from a host of top industry executives and political figures on a number of risk areas; including how to ensure continuing operational efficiency while meeting the challenges posed by evolving regulatory regimes; improving underwriting performance against the backdrop of the continuing economic downturn.Insurance Day Summit London 2012

 

 

This year the head of the UK's insurance industry-funded fraud investigation unit is to deliver a keynote speech at the Summit. Detective Chief Inspector David Wood, who heads up a 34-strong team at the City of London Police's insurance fraud enforcement department, will outline how the unit has progressed since it launched with a blaze of activity at the start of this year, racking up three sets of arrests in its first four days of operation.

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SOLVENCY II ABSTENTION BOOSTS GUERNSEY'S CAPTIVE MARKET   

OVER $4BN PLACED USING PERILS STORM DATA   

PAULSON TAKES PRESSURE OFF HARTFORD   

SCOR EXTENDS ITS HYBRID CATASTROPHE PROTECTION   

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AMLIN REPORTS POSITIVE START TO 2012 AS PRICING IMPROVES   

HARDY PREMIUMS CUT BY A THIRD AS IT DE-RISKS   

AVIVA TAKES ITS TIME TO SEARCH FOR CEO AS PREMIUMS FALL   

New models in the digital economy   

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OMEGA INSURANCE...   

FINE WEATHER HELPS TRYG FIRST QUARTER RESULTS   

CHARLES TAYLOR MAKES STRATEGIC PROGRESS   

ARIG ACHIEVES Q1 TURN-AROUND   

SUNCORP CAT CLAIMS EXCEED BUDGETS   

GREENBERG FILES APPEAL IN NEW YORK FRAUD CASE   

CAT BOND ISSUANCE HITS Q1 RECORD OF $1.34BN: REPORT   

ALLIANZ NON-LIFE REVENUES AT RECORD LEVELS   

UK P&I CLUB REPORTS SURPLUS IN LOW CLAIMS YEAR   

TRAVELERS SPONSORS NEW CAT BOND   

LLOYD'S AIMS TO BECOME MORE INTERNATIONAL BY 2025   

COMMISSION REOPENS INVESTIGATION INTO ING RESTRUCTURING   

GENERALI BOUNCES BACK IN Q1   

SAGICOR POSTS RECORD Q1 INCOME   

AGEAS MAKES A GOOD START TO 2012, BOOSTED BY ASIA   

CASUALTY AND GENERAL OPENS LONDON OFFICE   

REINSURERS SHOW RESILIENCE, SAYS AM BEST   

WHITTINGTON UK REBRANDS AS ASTA   

Q1 REVENUE UP 1.8% AT AXA   

TURNOVER GROWS 12% AT CATLIN, DESPITE TEMPORARY BERMUDA PULLBACK   

49% FDI PROPOSAL FINALLY DEAD AS INDIAN CABINET LIKELY TO APPROVE DILUTED INSURANCE BILL   

ALLIANZ'S DIEKMANN TAKES GERMAN LINE ON EURO   

NATIONWIDE POSTS 1.4% RISE IN Q1 INCOME   

MAPFRE Q1 PROFIT BOOSTED BY LATIN AMERICAN GROWTH   

FALL IN CAT PAYMENTS LIFTS ALTERRA   

MARKEL INCOME SURGES ON LOWER CAT LOSSES   

ZURICH Q1 NET INCOME UP 78% YEAR ON YEAR   

NO ADVERSE DEVELOPMENT IN THAILAND, SAYS BEAZLEY   

NY APPEALS COURT GREEN-LIGHTS SUIT AGAINST GREENBERG   

ING STARTS DISCUSSIONS WITH DUTCH STATE ABOUT RENEGOTIATING DIVESTMENTS   

XL REBOUNDS TO BLACK ON LOWER CAT LOSSES   

ALLIANZ REVENUE UP IN Q1   

FSA FINES MITSUI INSURANCE EUROPE £3.34M   

AON POSTS 3% DECLINE IN Q1 INCOME TO $238M   

ALLEGHANY INCOME SOARS ON TRANSATLANTIC PURCHASE   

LOWER UNDERWRITING, INVESTMENT GAINS CUT TOWER INCOME   

ARGO SWINGS TO BLACK ON LOWER CAT LOSSES   

INDIAN INSURANCE BILL UNLIKELY TO CHANGE 26% FDI CAP   

US TREASURY PRICES OFFERING OF MORE AIG SHARES   

SMALL DECLINE IN SAMPO PROFITS

 

 

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