mySAP ERP Helps: New China Life

Topics:
Insurance,
Strategic Management Tools
Tags:
Business Operations,
mySAP ERP,
mySAP,
Insurance Company,
Insurance,
Financial Planning,
Finance,
ERP,
Enterprise Software,
Enterprise Resource Planning (ERP),
...
Source:
SAP

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Overview: New China Life (NCL) Insurance Company is the fourth-largest domestic life insurance firm in China. The company outpaced its peers in the growth of its premium revenues for 2004. As NCL is the first insurance company in China that adopted an international ERP application system to improve business processes, the project caused a big lighthouse effect in the local insurance industry. To remain competitive with both domestic insurance providers and a growing foreign presence, NCL is restructuring its business for improved product innovation, sales, distribution, and service.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 391KB | Date: Jun 2005 | Pages: 12

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