List of SAP S/4HANA Cloud for insurance Customers
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Since 2010, our global team of researchers has been studying SAP S/4HANA Cloud for insurance customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased SAP S/4HANA Cloud for insurance for Insurance ERP from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using SAP S/4HANA Cloud for insurance for Insurance ERP include: Samsung Life Insurance, a South Korea based Insurance organisation with 10000 employees and revenues of $21.66 billion, Samsung Fire & Marine Insurance Co., Ltd., a Finland based Insurance organisation with 6823 employees and revenues of $8.49 billion, Edelweiss General Insurance Company Limited, a India based Insurance organisation with 200 employees and revenues of $18.0 million and many others.
Contact us if you need a completed and verified list of companies using SAP S/4HANA Cloud for insurance, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the TRM software purchases.
The SAP S/4HANA Cloud for insurance customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of TRM software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Edelweiss General Insurance Company Limited | Insurance | 200 | $18M | India | SAP | SAP S/4HANA Cloud for insurance | Insurance ERP | 2018 | n/a |
In 2018, Edelweiss General Insurance Company Limited implemented SAP S/4HANA Cloud for insurance as an Insurance ERP to deliver an end-to-end insurance solution across all SAP for Insurance modules. The program targeted the company’s India operations, reflecting a mid-market insurer profile with approximately 200 employees and revenue of 18,000,000, and was provisioned on an AWS private cloud to host application instances and supporting data services.
The implementation design covered core insurance functional domains, including policy administration, claims management, billing and premium collection, finance and accounting, underwriting support, reinsurance accounting, and document and reporting frameworks. Configuration work emphasized insurer-specific master data models, product configuration, lifecycle event processing, and embedded financial posting flows consistent with Insurance ERP requirements.
Architecturally the solution was organized on an AWS private cloud with interface patterns and API layers to support insurer ecosystem connectivity while retaining primary transaction processing and general ledger posting within SAP S/4HANA Cloud for insurance. Operational coverage consolidated actuarial, underwriting, claims, policy administration, and corporate finance functions into a unified Insurance ERP instance serving the firm’s India footprint.
Governance and rollout planning prioritized centralized configuration control, role based access controls, and staged module activation to align IT and business process owners. Change management efforts focused on standardizing insurance workflows, defining finance reconciliation procedures inside SAP S/4HANA Cloud for insurance, and operationalizing cloud operations on the AWS private cloud environment.
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Samsung Fire & Marine Insurance Co., Ltd. | Insurance | 6823 | $8.5B | Finland | SAP | SAP S/4HANA Cloud for insurance | Insurance ERP | 2014 | n/a |
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.
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Samsung Life Insurance | Insurance | 10000 | $21.7B | South Korea | SAP | SAP S/4HANA Cloud for insurance | Insurance ERP | 2015 | n/a |
In 2015, Samsung Life Insurance implemented SAP S/4HANA Cloud for insurance as an Insurance ERP solution. The deployment configured SAP S/4HANA Cloud for insurance to centralize policy administration and financial record handling across Samsung Life Insurance.
Implementation work emphasized insurance-specific modules and financial controls, including realization of corporate Life and Health category modules, design of Withdrawal of Ack.B and Reset processes, and realization of financial undo and redo cbo functionality. Additional configuration items documented by an SAP FS-PM Consultant included automatic remittance account management design and dormant insurance management design.
Integrations were explicitly focused on electronic data interchange with banking counterparties, the engagement noted consulting and conducting of EDI with bank com to support premium remittance and account reconciliation workflows. The program was executed on site in Seoul, South Korea, aligning cloud deployment architecture with bank EDI channels and policy finance processing.
Governance and process workstreams included designing process controls for financial undo and redo operations, formalizing reset and withdrawal workflows, and instituting dormant policy handling to improve operational governance in core insurance and finance functions. The SAP FS-PM Consultant engagement from 2016 to 2018 performed realization and process design activities that extended the SAP S/4HANA Cloud for insurance configuration into production readiness.
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Buyer Intent: Companies Evaluating SAP S/4HANA Cloud for insurance
- Ntrglobal Spain, a Spain based Communications organization with 25 Employees
- Zageno, a United States based Life Sciences company with 200 Employees
- Samsung Electronics, a South Korea based Manufacturing organization with 262647 Employees
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