Joining forces to renew the Swiss health insurance ecosystem
Sumex AG, a wholly owned subsidiary of ELCA Group, a leading Swiss engineering, development and business solutions company, and Secon AG, a process and data specialist for the core insurance business, announce the formation of a strategic partnership. Together, the two companies will create a leading provider of technology solutions for the health insurance market in Switzerland.
Diverse technology vendors have made significant investments to address health insurance software developments in terms of complexity, cost and technological innovation. This has resulted in leading-edge solutions that address the needs of both insurance companies and their customers. Offering a better user experience while reducing costs was a challenge that required strong, specific competencies and a mid- to long-term strategic perspective.
Vision: More efficiency in health insurance
Through the merger, Sumex AG and Secon AG say they intend to live up to a shared vision of improving the efficiency of the Swiss healthcare system through highly automated and fully digital end-to-end processes. "The two companies complement each other perfectly and the combination of the two solutions opens up new strategic opportunities," says Felix Musterle, General Manager of Sumex AG. To this end, the focus is concentrated on the following objectives:
- Lower transaction costs due to a high degree of automation and maximum effectiveness in damage control
- Separation of complex tasks from standardized activities, which enables optimal use of specialized resources
- Modular and open software architecture
- A Swiss solution designed to meet the needs of Swiss insurance companies
- Expanded know-how and expertise for innovation and functional coverage that enables Swiss insurance companies to take the next step in their digitization strategy
"The ELCA Group is committed to enriching the Swiss market with innovation and supporting digital transformation across all major industries with a clear vision and strategy. This strategic partnership is an important step on this journey and we are very much looking forward to opening a new chapter together with our customers and partners that will bring added value to health insurers and the Swiss population," said Yves Pitton, Chief Business Solutions Officer of ELCA Group.
Pure Swiss Cloud
The new entity will also benefit from Secon's extensive operational expertise and the ELCA Group's deep competencies in cloud services & management, cybersecurity, data management and engineering capabilities. Already today, several components of the Sumex solution are operated at ELCA Cloud Services in a fully sovereign Swiss cloud, and both companies run their core system for various customers in their own cloud environment or on-premise in the health insurance company's infrastructure. The goal of the strategic partnership is to expand the ways in which health insurers can manage their mission-critical systems today and in the future. "As long-time customers of Sumex and Secon, we look forward to this partnership and hope to achieve even higher levels of automation in our own processes through the deep integration of the products and combined knowledge," says Christof Zürcher, CEO of Atupri Health Insurance, for example.
Source and further information: www.elca.ch
