Vienna Insurance Group
Czech Republic, EU
3 000 000+
VIG is one of the largest international insurance groups in central and eastern Europe., founded in 1824. In the 1980s VIG expanded into Czech Republic (Czechoslovakia at that time), founding Kooperativa insurance company. In 2006, the brand Vienna Insurance Group was introduced as a global brand. In central and eastern Europe, subsidiaries use it next to their original name. In 2008, a new capital increase permitted the acquisition of the insurance business of Erste Group, which turned VIG to the market leader in central and eastern Europe. Simultaneously, a long-term sales agreement was signed with Erste Group. In 2018 VIG transformed daughter insurance companies, the Pojišťovna České Spořitelny and Kooperativa into one. Moreover, Vienna Insurance Group is in Czech Republic represented by one more insurance company – Česká Podnikatelská pojišťovna.
Signosoft produced a solution for all three VIG members in Czech Republic – Kooperativa, PČS and ČPP. All three projects were similar, the new solution was implemented into an existing system. Using the client – server based solution, in all three cases implementation was seamless. Within an existing VIG insurance contract business application, handwritten digital document signing has now been enabled. The user is redirected from said web application to the Signosoft signature server when signing the contract, where the signing by the client, advisor and possibly other persons takes place. After signing, the client is provided with all documentation through the repository – the client logs into it via a link sent by the insurance company to the e-mail and a control SMS code. The signed original is stored in the insurance company’s long-term electronic archive. The solution is based on the thin Signosoft client that supports server-side document processing and thin client display and signing. In terms of client applications, the solution allows you to work in Windows, Android and iOS environments. Solution is still being developed to meet new requirements of the companies. With help from Signosoft, all Czech members of Vienna Insurance Group had achieved cost savings, simplified work of their advisors and increased the number of electronically signed and archived contracts.