Cross-Border: How to Achieve Fast & Efficient Tariff Implementation
Cross-Border business holds significant importance in Europe’s insurance industry. Those involved in this business are well aware of its biggest challenges, particularly from a legal perspective.
However, addressing legal issues and meticulously determining each parameter of the retained tariff is insufficient to guarantee a successful product rollout across borders. The aim of this webinar is to focus on a crucial technical issue of cross-border pricing: the implementation of multiple tariffs into the IT system.
While this issue is relevant to the administration systems of all insurers operating within a single country, the lecture aims to demonstrate that fast and efficient implementation is even more critical in a cross-border context, using a concrete company’s business as a case study.
In this web session, we will not only discuss the primary challenges associated with implementing multiple tariffs into the IT system, but also delve into our approach to tackling these challenges. We will present helpful concepts we use to implement tariffs, illustrated with a live case study. Finally, we will emphasize the significance of integrating these tariffs with other insurance business processes within a unified IT system.
Without claiming to have experience from 27 EU countries, the referents will share their knowledge and experience about implementing tariffs for more than 10 countries.
