Intelligent SME.tech Issue 06 | Page 6

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Agria Pet Insurance chooses DWF 360 ’ s EvoClaim to support growth
Leading pet insurer , Agria Pet Insurance , has implemented DWF 360 ’ s claims and insurance policy management software , EvoClaim , to replace its legacy end-to-end insurance system .
Agria Pet Insurance needed to replace its ageing legacy policy management and claims solution to help support business growth and increased levels of customer service satisfaction . Agria was already handling hundreds of thousands of customer policies . A more scalable , secure and performant solution had to be found that could deal with an increase in high volume transactions to cater for Agria ’ s impressive growth in the UK .
After an exhaustive search and selection process , Agria selected the claims management software , EvoClaim , from DWF ’ s risk management software division , DWF 360 . As the EvoClaim solution was flexible , Agria also commissioned DWF 360 to replace Agria ’ s end-to-end insurance platform solution , which caters for policy quoting , inception , renewal , adjustments , rating , complaints and claims . Equally , DWF ’ s deep understanding of the insurance market assisted in ensuring software was exactly adapted and tailored for all of Agria ’ s requirements .
International Chamber of Commerce and Finastra team up to tackle the trade finance gap
The International Chamber of Commerce ( ICC ) and Finastra have committed to a strategic initiative to tackle the growing trade finance gap . Both organisations are orchestrating an ecosystem and exploring the development of a financing marketplace that will provide micro- , small- and medium-sized enterprises ( SMEs ) with access to a broader set of alternative finance resources in order to help keep the global economy moving forward .
The ICC TRADECOMM marketplace , powered by Finastra , will reduce trade finance barriers for SMEs and enable all parties to benefit from improvements in matching supply and demand .
There is a large and growing trade finance gap representing a mismatch between demand for and supply of trade financing , estimated at US $ 1.5 trillion pre-COVID-19 and potentially reaching US $ 2.5 trillion by 2025 . Coupled with the effects of the COVID-19 pandemic , SMEs desperately need short-term liquidity and access to international trade to survive the on-going economic crisis . Alternative financing options will be required to address this gap and provide SMEs with the immediate capital required to carry out crossborder transactions .
Security tips for start-ups from Kaspersky
From 2020 being dubbed ‘ the year of the side hustle ’ to small businesses grappling to maintain continuity and profitability – despite these unprecedented times there has been a significant uprising in entrepreneurial activity the world over .
Start-ups tend to be created by people who burn with an idea and want to put it into action as soon as possible . Money is usually tight and expenses run high . When managing priorities , emerging businesspeople often neglect matters related to information security .
Many start-ups try to save on security , confident that a small company with limited resources holds no interest for cybercriminals . The truth is anyone can fall victim to cybercrime .
To properly safeguard your start-up , given a limited budget , you might want to build a threat model before you go ahead with the launch – to figure out which risks are relevant for your business . Kaspersky helps start-ups by covering the typical mistakes of many firsttime entrepreneurs including offering protection of cloud resources and improving employee awareness .
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