SpareBank1 Forsikring Selects OnBase by Hyland to Meet Future Information Management Needs
Hyland, creator of OnBase today announced that SpareBank1 Forsikring (SB1F), part of the SpareBank 1 Gruppen (the Group) and one of the largest providers of financial products and services in the Norwegian market, has selected OnBase by Hyland, a single enterprise information platform.
SB1F provides life and general insurance services via the banks in the SpareBank 1 Alliance, and as an independent insurer. With nearly 600 employees at its headquarters in Oslo working directly with its data archive, as well as customers, bank advisors and brokers accessing documents via SB1F's portals, SB1F needed to replace its archive systems with a consolidated solution to improve systems architecture and accelerate work processes.
To meet its future information management needs, SB1F was looking for an advanced and robust, yet agile enterprise content management (ECM) solution to harmonize, optimize and automate processes across business areas and increase workplace efficiency.
Using OnBase SB1F will:
- Simplify systems architecture, maintainability and development through consolidation into one common archive based on a modern and future-proof platform
- Reduce costs by increased automation of important business functions
- Improve its ability to keep up with business needs along with adherence to regulatory requirements
- Improve organizational efficiency and regulatory compliance through management and control of digital content sharing with various stakeholders, business partners and customers
'Integrating OnBase with our core systems will harmonize work processes across the organization,' said Merete Bratland, business support & IT manager at SB1F. 'It will also provide quicker access to important records for case workers, building a more cohesive operation through faster and more efficient processes.'
'In insurance transactions organizational performance is key,' said Ruth Fisk, director of global insurance sales at Hyland. 'We are enabling SB1F to migrate from its existing legacy archive systems smoothly and expertly, while providing leading-edge technology to ultimately transform the organization.'
To learn more about why more than 600 insurance organizations worldwide leverage OnBase, visit OnBase.com/insurance.