c In over 150 years, Helvetia Group has grown from a number of Swiss and foreign insurance companies into a successful insurance group that does business in selected European countries. Today, Helvetia is one of Switzerland’s leading insurance providers. Headquartered in St. Gallen, the group has 4900 employees and over 2.5 million customers. Delivering profitable growth, domestically and internationally, is a top priority. Helvetia is looking to increase market share in Switzerland, Italy, Germany, Spain, Austria, and France by growing its profitable non-life, occupational benefits insurance, and cyclical reinsurance businesses.
The insurance market continues to be highly competitive. Since the recession in 2008, companies operating amid a volatile and unpredictable market have been forced to focus on rebuilding their capital base and renewing the confidence of their stakeholders, while handling an increasingly complex regulatory environment.
These turbulent times have led to a sharper focus on risk management and balance sheet strengthening. Rapid growth, organically and through acquisition, had created a fragmented estate of data centers, which housed multiple infrastructures and applications. Information lived in different systems. In addition, there was no real common IT practice across all European countries. This approach did not align with Helvetia’s IT strategy.
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