V'ger Products & Services

The V’ger enterprise platform for insurances, broker and assecuradeurs. An uniform technical standard platform for life and P&C business, available for your own data center (on-premise) or as the cloud service V’ger Sky.

 

V'ger P&C

The perfect application for the demanding P&C business

V'ger Life

The comprehensive contract and product management solution for life insurers and pension fonds 

V'ger P&C Compact

The all included and turnkey ready solution for the extended P&C business

V'ger Sky Digital Customer Service

The digital B2C solution, even to digitize your legacy systems quickly and easily

V'ger Portal

The digital B2B solution for offer, contract and claims management


V'ger Sky Cloud Service

The V’ger Sky Cloud Services were awarded with the Digital Leader Award 2016 and provide turnkey applications on a pay-as-you-go basis with prices per contract and year. The applications are based on the V’ger Enterprise Edition. 

Currently, three applications are available as V’ger Sky Cloud Service:

  • V’ger Sky Digital Customer Service
  • V’ger Sky P&C Compact
  • V’ger Sky Portal

Additional applications will follow shortly. 

 


V'ger Enterprise

 The V’ger Enterprise Edition is a software platform to develop actuarial components and insurance applications. It follows the platform strategy concept derived from the automotive industry.

 

The platform strategy is based on a technical framework that comprises generic technical function, covering a dynamic or relational database model, historization, search, indexation, surfaces, synchronous and asynchronous interfaces, code of conduct prcedures and much more.

 

Based on the V’ger Enterprise Edition, NOVUM provides life and P&C portfolio systems, collections/disbursements, provisions, partner and claims management systems. 

 

The V’ger Enterprise Edition can also be used as an development framework  to delevop individual applications.

 


V'ger P&C

The perfect application for the demanding P&C business, such as car, liability, accident and homeowners insurance. 

 

Apart from a portfolio management including a product system , the complete system also comprises collections/ disbursements, commission , partner systems and interfaces to the general ledger and data warehouse.

The system can be employed in whole or in part. The integration into existing application landscapes is easily achieved by synchronous and asynchronous standard interfaces.

 

V’ger P&C will soon be available as a V’ger Sky Cloud Service. 

 


V'ger Life

The comprehensive contract and product management solution for life insurers and pension fonds.

 

The system includes portfolio management including a product system, collections/disbursements, performance, reporting, commission, partner systems, as well as standard interfaces to the general ledger and data warehouse.

 

The system can be employed in whole or in part. The integration into existing application landscapes is easily achieved by synchronous and asynchronous standard interfaces.

 

New products can be configured independently. Individual adjustments can be performed by NOVUM or in-house IT.

 

V’ger Life will soon be available as a V’ger Sky Cloud Service and is therefore perfectly suitable for Run-off business. 

 


V'ger P&C Compact

The all included and turnkey ready solution for the extended P&C business. The optimal software solution around simple property insurance, such as travel insurance, warranty business, photovoltaic or cyber insurances, etc. on a pay-as-you-go basis with prices per contract and year.

 

The complete turnkey solution comprises portfolio management including a product system, collections/ disbursements, claims management and partner systems as well as standard interfaces to the general ledger and data warehouse.

 

New products can be configured without support from NOVUM or in-house IT.

 

This solution can also be employed on-premise, causing license and maintenance fees. 

 

This video shows an example of how V'ger P&C Compact can be used for the travel insurance business


V'ger SKY Digital Customer Service

The digital B2C solution, even to digitize your legacy systems quickly and easily. Customer convenience is most important during a bidirectional on- and offline communication with your customers. 

 

Authentication and authorization are realized by QR codes or encrypted links, in order to display and validate reports on changes. 

 

A pooling function facilitates control and delivery to the administrative systems . A BiPRO / JSON interface ensures a connection to backend systems. Changes in the form can be performed in a simple and rapid manner. 

 

This solution is only available as V’ger Sky Cloud Service at a fixed price per transaction.

 


V'ger Portal

The digital B2B solution for offer, contract and claims management. V’ger Portal offers an optimal platform to quickly connect regulators, agents, brakers and insurer in the event of a claim.

 

Throughput times of applications, inventory changes and claims can be reduced significantly for the benefit of all parties involved.

 

V’ger Portal is available as on-premise solution based on a license / maintenance model or as V’ger Sky Portal Cloud Service at a fixed price per transaction.  

 


Advantages of applying V’ger Products & Services

V’ger applications were created based on standard technologies (Java EE and ANSI SQL). The V’ger Enterprise Edition constitutes an uniform basis for all V’ger applications and it offers the following advantages:

Focus on customer convenience

  • Efficient automation
  • 24x7 Responsive Design Service
  • Digital end-to-end processes

Rapid time-to-market response

  • Flexible and effective
  • New products: quickly and easily implemented
  • Easy integration into front-end and back-end systems

Regulatory performance control

  • NOVUM products support Data Driven Accounting and Risk Management
  • Feature like premium- and claims accounts supports the integration into sub ledger applications
  • Assistance during reporting in accordance with Local GAAP, IFRS, Solvency II

The V’ger Sky Cloud Service combines the best of two worlds: V’ger applications and the possibility of cloud computing in an unique and efficient manner. 

 

All V’ger applications are or will be available as cloud services, resulting in additional advantages to the above-mentioned benefits:

 

Costs

  • Pay-as-you-go: prices per contract and year, cancellable on a monthly basis
  • Low cost to fail for introducing new products or new market entries

 


Secure & compliant

  • The V’ger cloud services meet the compliance requirements of the German insurance industry
  • Available worldwide & close to the customer

 


Big Data

  • Application Meta Data Analystics – analyzing who, when and how the application is used

 

 


Industrialized manufacturing and fully automated IT operation

  • Industrialized manufactoring with infrastructure-as-code deployment processes
  • Fully automated IT operations, among others due to an automatic scaling: Your application “breathes” depending on usage by coworkers, partners and customers