| 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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| NET RESULT IMPROVES AT ING |
| Industry News | |
| Tuesday, 17 August 2010 | |
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Netherlands-based financial services group ING has posted an underlying pre-tax gain of €154m ($197.4m) from its insurance activities in the first half, compared with a loss of €712m in the same period last year, with most of the turnaround attributable to "revaluations". Gross premium income declined 6% year on year to €15.06bn, while investment and other income rose dramatically to €4.91bn from €1.35bn. Underwriting expenditure rose 11.2% to €18.3bn from €16.4bn. The underlying non-life result was a gain of €120m, up from €65m, while the underlying life result was a gain of €367m, up from a loss of €188m in the same period last year. The US life unit reported charges of $521m for the second quarter for sales commission write-offs. For the group as a whole the underlying gain before tax was €3.04bn, up from a loss of €129m in H1 2009. CEO Jan Hommen said that "ING continued to build earnings momentum in the second quarter".
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| Last Updated ( Wednesday, 01 September 2010 ) | |
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