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Samsung Fire & Marine Insurance Co., Ltd. Data, Technology Stack, and Enterprise Applications
ERP Services and Operations
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
SAP Legacy SAP S/4HANA Cloud for insurance Insurance ERP ERP Services and Operations n/a 2014 2014
In 2014, Samsung Fire & Marine Insurance Co., Ltd. implemented SAP S/4HANA Cloud for insurance as its Insurance ERP platform. The deployment served an organization with 6,823 employees and reported revenue of 8490000000, based in Finland. SAP S/4HANA Cloud for insurance was configured as a core insurance platform using SAP Core Insurance components, including FS-PM policy management, FS-CD contract accounting, FS-CM claims management, FS-ICM commission management, FS-RI reinsurance processing, Insurance Analyzer and Camilion. Configuration work focused on standard insurance processing flows, commission handling and analytics-ready data models. The architecture incorporated SAP HANA and SAP Analytics enabled by HANA, with fraud detection and CEI capabilities running on the HANA layer. The implementation also included SAP CRM and RTOM for customer and transaction orchestration, SAP BI Suite for reporting, SAP EIM and SAP Enterprise MDM for master data consolidation, and a SOA support approach using N/W PO and Gateway to orchestrate services across modules. Governance and controls were instrumented through SAP GRC and EPM to support finance, compliance and enterprise performance processes. The Insurance ERP implementation centralized policy administration, underwriting, claims, reinsurance and finance processing within the SAP S/4HANA Cloud for insurance environment, enabling unified operational workflows and consolidated analytics across insurance functions.
IT Decision Makers and Key Stakeholders at Samsung Fire & Marine Insurance Co., Ltd.
First Name Last Name Title Function Department Email Phone
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Apps Being Evaluated by Samsung Fire & Marine Insurance Co., Ltd. Executives
Date Company Status Vendor Product Category Market
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FAQ - APPS RUN THE WORLD Samsung Fire & Marine Insurance Co., Ltd. Technographics

Samsung Fire & Marine Insurance Co., Ltd. is a Insurance organization based in Finland, with around 6823 employees and annual revenues of $8.49 billion.

Samsung Fire & Marine Insurance Co., Ltd. operates a diverse technology stack with applications such as SAP S/4HANA Cloud for insurance, covering areas like Insurance ERP.

Samsung Fire & Marine Insurance Co., Ltd. has invested in cloud applications and AI-driven platforms to optimize efficiency and growth, collaborating with vendors such as SAP.

Samsung Fire & Marine Insurance Co., Ltd. recently adopted applications including SAP S/4HANA Cloud for insurance in 2014, highlighting its ongoing modernization strategy.

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