| Case Studies |
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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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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 |
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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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| IMPROVED NUMBERS AT TOKIO MARINE |
| Industry News | |
| Tuesday, 25 May 2010 | |
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Tokio Marine Group has reported a recurring profit of ¥203.41bn ($2.25bn) for the financial year to March 31 2010, up from a loss of ¥15,13bn the previous year. Premiums rose to ¥3.57trn from ¥3.50trn. The company predicted premiums of ¥3.36trn for the financial year 2010/11, with recurring profits of ¥180bn. Tokio Marine Group consists mainly of non-life insurer Tokio Marine & Nichido Fire. Foreign business generated premiums of ¥503.4bn, with a net gain of ¥68.9bn, about 70% of its net profit of ¥128.4bn. The company stated that it would be resuming a share buyback, with ¥25bn in buybacks targeted. Meanwhile, the Japanese motor insurance sector is to begin offering drivers of hybrid and electric cars insurance discounts of up to 3%. From July, Tokio Marine & Nichido Fire and Sompo Japan are to offer 3% discounts to drivers of such cars if they have been registered for 13 months or less. Mitsui Sumitomo Insurance has been offering discounts for vehicles registered for 25 months or less since 2003. It will expand the discounts in October for hybrid and electric cars. It will raise the discount from 11% to 12% on liability coverage and insurance for drivers and passengers. The discount for covering car repairs will be raised to 8% from 7%.
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| Last Updated ( Tuesday, 29 June 2010 ) | |
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