The Solvency II Directive is primarily aimed at strengthening the protection of insured persons, creating uniform competition standards in the insurance sector of the European internal market, and thus at providing a broadly unified supervisory practice in Europe (Directive 2009/138/Eg, Recital 3 und Article 27; Source: www.bafin.de).
Macros eSolvency2 relies on the Macros eWorkplace product, which is well-established in insurance and banking environments. Alongside the appropriate standard software and – when needed – hardware, the packet stands out thanks to the integrated Solvency 2 Know-How Package.Macros customer Merkur Versicherung (Graz) allows other insurers to access its knowledge of processes for implementation of the directive. This includes not only the advice of the Graz insurer, but also the specification of the system for implementation of the directive. With Macros eSolvency2, customers get a tool optimally adapted to risk management and reporting processes, allowing them to generate accountable reports and thus meet the requirements of Solvency 2.
More than almost any other manufacturer, Macros Reply has committed itself to the task of using Macros eWorkplace to support the entire process – from document receipt to outbox. Via this “closed loop” approach, all stages of customer communication and procedural processing are optimised in their entirety.
To make Macros eWorkplace into a standard solution for reporting, the Merkur Versicherung know-how package has been included in the system. The result: Macros eSolvency2 gives you a consistent tool which is designed specifically for the requirements of risk management and reporting and with optimum mapping of the nomenclature and logic. With eSolvency2, the experts from Merkur Versicherung and Macros Reply offer you a response to the challenges typical when implementing Solvency II: high complexity, system gaps between the different applications in use, urgent need for clarification, data recoverability, audit-proof data storage, etc.
Merkur Versicherung is a leader in Austria when it comes to the issue of reporting in the insurance sector. Their comprehensive knowledge has now been made available. With the Macros eSolvency2 package, you receive comprehensive advice on the topics which make up the directive and you profit from the experiences of the Merkur experts.
Macros eWorkplace is characterised by its ease of integration into systems of all kinds. The various adapters of Macros eBridge allow context-related switching within your specialist systems. Of course, all common office, email and host systems are seamlessly connected. With the Macros eConnect archive adapters, archive systems and modern storage systems alike can be connected. For audit-proof storage of your data with Macros eSolvency2, your existing archive-storage system can be connected, or we can recommend an appropriate product for your situation – and we’ll also take care of the process of obtaining a quote.
Via the combination of established software, specifications for reporting, comprehensive expert advice and the transfer of knowledge regarding risk management processes, Macros Reply and Merkur Versicherung offer you a tool with which it is easy to implement compliance with the Solvency II directive. They work intuitively and accountably document your reporting process pretty much in passing.