Helsinki, FIN-00100,
Finland
Samsung Fire & Marine Insurance Co., Ltd. Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Samsung Fire & Marine Insurance Co., Ltd. and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 6823 Samsung Fire & Marine Insurance Co., Ltd. employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Samsung Fire & Marine Insurance Co., Ltd. has purchased the following applications: SAP S/4HANA Cloud for insurance for Insurance ERP in 2014 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Samsung Fire & Marine Insurance Co., Ltd. is running and its propensity to invest more and deepen its relationship with SAP or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Samsung Fire & Marine Insurance Co., Ltd. revenues, which have grown to $8.49 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Samsung Fire & Marine Insurance Co., Ltd. intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury 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.
|
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||