Singapore, 48623,
Singapore
Sompo Insurance Singapore Technographics
Sompo Insurance Singapore Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Sompo Insurance Singapore and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 250 Sompo Insurance Singapore employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Sompo Insurance Singapore has purchased the following applications: IBM AS/400 for ERP Financial in 2015, 3i Infotech PREMIA Insurance Software for Insurance ERP in 2015, Workplace by Facebook for Collaboration in 2017 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Sompo Insurance Singapore is running and its propensity to invest more and deepen its relationship with IBM , 3i Infotech , Facebook 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 Sompo Insurance Singapore revenues, which have grown to $20.0 million 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 Sompo Insurance Singapore 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.
Sompo Insurance Singapore Tech Stack and Enterprise Applications
Sompo Insurance Singapore ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| IBM | Legacy | IBM AS/400 | ERP Financial | ERP | n/a | 2015 | 2015 |
In 2015 Sompo Insurance Singapore implemented IBM AS/400 as its ERP Financial application to manage payments and document processing workflows. The deployment focused on the Raffles office and centered on transactional processing used by the PID Team and handlers, with administrative staff operating day-to-day processing tasks.
Configuration emphasized payment processing and cashiering capabilities, including cheque handling, cashier order registration and AS400 payment execution, together with receipt and processing of AOD items from handlers. The IBM AS/400 implementation supported accounts payable and cash management workflows consistent with ERP Financial functional patterns, providing transaction entry, posting, and payment initiation under a centralized application instance.
Operational coverage extended beyond finance to include mailroom and records operations, matching incoming mail to handlers, pulling and retrieving active and closed files, and executing warehouse packing and file storage activities. Those document management and physical file handling tasks were incorporated into handler and administrative workflows so that payments, AOD submission and file archival were processed within the IBM AS/400 environment.
Governance and process alignment focused on handler-driven submission of payment and AOD items into IBM AS/400 and administrative execution of posting and file maintenance, creating a unified operational scope covering the PID Team, handlers, administrative assistants and warehouse staff. The implementation ties Sompo Insurance Singapore, IBM AS/400, ERP Financial, and core finance and records management functions into a single operational narrative.
|
Sompo Insurance Singapore ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| 3i Infotech | Legacy | 3i Infotech PREMIA Insurance Software | Insurance ERP | ERP Services and Operations | n/a | 2015 | 2015 |
In 2015, Sompo Insurance Singapore implemented 3i Infotech PREMIA Insurance Software as an Insurance Policy Administration platform. The deployment targeted Commercial Lines underwriting and policy administration workflows within Sompo Insurance Singapore Pte. Ltd, covering policy issuance, renewals, endorsements and reinsurance inwards and outwards processing.
The 3i Infotech PREMIA Insurance Software was configured to support core policy lifecycle modules including policy data entry, premium computation, endorsements processing, issuance of tax invoices, certificates of insurance and cover notes, and reinsurance closings. The implementation emphasized document issuance controls and accuracy checks before posting, enabling independent policy issuance and posting by administrative staff to maintain operational consistency.
Operational coverage centered on the Commercial Lines AFD team and related administrative roles in Singapore, with staff responsible for processing direct and RI Inwards documents, computing premiums, and performing job-rotations to clear backlogs. The deployment established standardized workflows for RI Inwards and Outwards closings and formalized the preparation and maintenance of running files, aligned to the Policy Signing Authorisation Table for approvals.
Governance and process restructuring included tightened data entry validation, explicit turnaround time objectives to ensure COP compliance, and targets to keep month-end backlog at 5 to 10 percent for Commercial Lines. Staff were instructed to identify areas for system enhancement and escalate Premia improvement requests to executives, creating a sustained operational feedback loop between policy administration and application configuration.
|
Sompo Insurance Singapore Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Legacy | Workplace by Facebook | Collaboration | Collaboration | n/a | 2017 | 2017 |
In 2017, Sompo Insurance Singapore implemented Workplace by Facebook to provide company-wide Collaboration capabilities for internal communication and knowledge sharing. The deployment is surfaced via the corporate website as an access point to Workplace by Facebook, indicating an externally reachable entry for employees to join collaboration spaces and consume internal communications.
Workplace by Facebook was configured to support core collaboration modules including groups for team and project communications, real-time chat, activity feed for announcements, and file sharing for operational documents. Administrative controls and role-based group management were implemented to govern content creation, membership, and moderation, reflecting standard Collaboration platform governance practices.
Operational coverage focused on Sompo Insurance Singapore staff in-country, providing a single collaboration layer across corporate functions and business units. Governance processes emphasized group lifecycle policies, content moderation workflows, and administrator oversight to manage adoption and information flow through Workplace by Facebook as the primary Collaboration tool.
|
Sompo Insurance Singapore Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Digital Signing | Content Management |
|
2021 | 2021 |
|
|
|
|
|
Web Content Management | Content Management |
|
2016 | 2016 |
|
Sompo Insurance Singapore PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Extract, Transform, and Load (ETL), Data Replication | PaaS |
|
2016 | 2016 |
|
Sompo Insurance Singapore IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2016 | 2016 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2020 | 2020 |
|
|
|
|
|
Content Delivery Network | IaaS |
|
2016 | 2016 |
|
Sompo Insurance Singapore CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Secure Email Gateways (SEGs) | CyberSecurity |
|
2021 | 2021 |
|
IT Decision Makers and Key Stakeholders at Sompo Insurance Singapore
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| Accounting & Finance Manager | Manager | Finance | ||||
| Financial Reporting Senior Executive | CXO | Finance | ||||
| CIO | CXO | Finance | ||||
| Account Officer | Director | Sales |
Apps Being Evaluated by Sompo Insurance Singapore Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||