FINEOS Growth in Australasia Recognised by Premier of Victoria, Australia

Honourable Steve Bracks visits FINEOS headquarters to discuss future expansion plans

FINEOS Corporation, a global provider of innovative enterprise software solutions for insurance, bancassurance, and social insurance, has welcomed the Hon. Steve Bracks, Premier of Victoria, Australia to its corporate headquarters in Dublin. The visit was in recognition of FINEOS’ consistent growth in Australasia and to discuss the planned expansion of the FINEOS Regional Capability Centre in Melbourne which is projected at more than 100 people over the next three years. The Premier was accompanied on his visit by senior government officials and Her Excellency, Mrs Anne Plunkett, Australian Ambassador to Ireland.

During the briefing with Michael Kelly, CEO, FINEOS Corporation, the Premier thanked FINEOS for selecting Melbourne as the host city for its regional operations. The Premier also raised the FINEOS contract with Victoria-based Transport Accident Commission (TAC) and the related work with the Victorian WorkCover Authority (VWA).

Other regional clients highlighted during the visit included CommInsure, part of the Commonwealth Bank Group, which has been a client of FINEOS for a number of years and the Accident Compensation Corporation (ACC) of New Zealand which went live with FINEOS Claims in 2006. This project has been cited as one of the largest and most successful public sector technology projects ever in the country.

“We were delighted and honoured to host the Premier of Victoria to FINEOS,” commented Michael Kelly. “It is a tremendous compliment to FINEOS to be recognised internationally as an innovative and successful software organisation. We very much enjoy doing business in the region and look forward to developing our presence in Victoria and Australasia.”

The experience in Australasia is consistent with FINEOS’ successful expansion in North America and Europe. Recently FINEOS was awarded Irish Exporter of the Year (Software and International Services) and was also pleased to announce customer signings with Mutual of Omaha (North America) and White Horse Insurance (Europe).

FINEOS’ successful strategy in Australasia and around the world is based on providing world-class, front-to-back core business solutions for insurance, bancassurance and social insurance enterprises. In particular, significant growth for FINEOS has come from solutions delivering enterprise new business, claims and case management. These solutions deliver improved, personalised customer service through the use of comprehensive single view of the customer information as well as an integrated platform designed for straight through processing. This includes rules driven business process management that is easily configured to provide workflow automation of repetitive tasks in line with best-practices. All FINEOS solutions are web enabled and are designed to be delivered in an open Service Oriented Architecture (SOA) as a component based infrastructure for enterprise applicability and reuse.


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