Page 8 - Turkinsurance Digital Magazine

6 interview

In addition, SBM plays an important role for all kind of the insur- Once the Common Data Model Project is finalized, all the data
ance practices and applications all across the country. Within the about insurance policies will be transferred to SBM and an Insurant
current framework of the industry, we offer services to our citizens Score will be calculated for all the policy holders. We aimed to cre-
in cooperation with the companies in the insurance industry. The ate a healthier scoring base by analyzing all the insurance data and
relationship between SBM and the industry is absolutely important the data collected from other institutions. In addition to the calcu-
for both sides for providing these services in the most efficient way lations of overall scores for each policyholder, we will also calculate
possible in line with SBM objectives. In particular, coordination of the branch-based (fire, motor, health score etc.) and object-based
SBM’s relations with the insurance industry has a priority in our scores. For the object-based scores, we will calculate the score over
corporate strategy. all the insurance data belonging to the particular object (such as
score of the vehicle, house etc.), regardless of the policyholder. We
The relationship between the insurance industry and SBM carries are also very excited about our ‘S-Cloud’ project, which will be fi-
significant importance for all of us in the matter of ensuring we offer nalized very soon. In its essence, this is an insurtech platform which
those services as efficiently as possible and in accordance with our will deliver lots of solutions such as agency and expert applications,
aims and objectives. reporting and analytics solutions, policyholder notification appli-
cations, secure data transfer, location-based services etc. Market
Could you tell us about the innovations and applications you stakeholders will be able to benefit from this ‘as-a-service’ model
carried out in 2018 according to the industry needs, and plans platform with high performance and security through cloud tech-
for 2019? nologies.

With the Data Maturity Project, we have created secure lines for the “Turkish insurance industry has gone through
data exchange within the industry. Some of the projects we offered
to Turkish the insurance industry are; Credit Insurance, Common a serious development process in the last 10
Revocation Platform, creating a joint MPLS cloud between SBM years”
and the insurance companies.
Turkish insurance industry issues nearly 100 million policies and an-
We completed the initial product releases of our Common Data nexes every year, and we print those on 1.5 billion A4-sized papers.
Model Project, which we initiated in 2017 with the aim of ensuring Those policies and annexes cost next generations average of 21.000
the security of the insurance data, gathering the standards in a sin- trees every year. Therefore, we will implement our ‘e-Policy’ project
gle model, decreasing application development costs for both SBM as soon as possible to reduce paper consumption and average trans-
and the insurance companies and increasing sustainability for all action costs, while minimizing the risks caused by physical storage
systems. methods.