Madison Insurance Company Kenya Limited is now live on SAP’s insurance industry Enterprise Resource Planning (ERP) software.The implementation was undertaken by Kenyan-based Turnkey Africa Limited and One Connect Limited, SAP partners that specialize in solutions for the insurance industry across Africa.
The company offers Life and General Insurance products and specializes in Life, Health, Home, Auto and Business insurance. The diverse range of Madison products rapidly created a pressing need for an efficient technology platform to manage the divergent data streams entering and exiting the organization.
SAP for Insurance® Enterprise Resource Planning solution has Business Process Applications core competencies comprising of accounting, procurement, fixed asset management, cash flow management and other technology modules aimed at maintaining efficient data management processes.
The new SAP system has enabled Madison company to streamline business processes consistently and provide reliable information, enterprise-wide system implementations with ERP solution that is specifically tailored for the insurance industry.
Turnkey Africa Limited and One Connect Limited played a strategic role in this software implementation. Their experience in the insurance industry and knowledge of the African business landscape, contributed significantly to the successful SAP implementation at Madison Insurance. SAP’s other targeted insurance solutions give organisations a competitive edge to streamline operations and manage policy administration processes including optimising claims processes, reduce costs and increase customer satisfaction.
Andrew Waititu, Managing Director at SAP East Africa commented: “Madison Insurance’s success is another step in the ongoing successful expansion of SAP’s ERP presence in the insurance and banking industries in East Africa. It also further strengthens our position as leading provider of IT services to financial institutions. Madison Insurance joins over 700 insurance companies around the world that have chosen SAP as their strategic technology partner.”