Japanese Mutual aid organization Zenkyoren partners with Munich Re to improve the experience of their members
5 March 2019
Munich Re Automation Solutions Ltd today announced that Zenkyoren selected the ALLFINANZ new business and underwriting technology to streamline their paperless process, unlock underwriting efficiencies and enhance the consumer experience.
Zenkyoren is a member of the Japan Agricultural Cooperatives (JA) Group that undertakes cooperative business, for enhancing agricultural operations and improve the standard of living among farmers in Japan. Zenkyoren provides insurance coverage for the 10-million-member JA Group against accidental loss of life and property damage and assisting them with coverage throughout their lives.
Zenkyoren is looking to improve the consumer experience through a streamlined paperless process. They selected the Munich Re ALLFINANZ technology based on the breadth and depth of functionality, Munich Re’s consulting experience and footprint in the Japanese market. Zenkyoren will deploy ALLFINANZ to support the company’s overall business strategy, enhance the consumer experience and deliver insights to key decision makers.
Yoichi Hayashi, Business Development Manager at Munich Re commented:“We are delighted to partner with Zenkyoren, the largest mutual aid company in Japan. We will work with Zenkyoren to streamline their paperless process, to drive underwriting efficiency and maximizing the value of their ALLFINANZ implementation, using our experience and footprint in the local market.”
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Life & Health Insurance