Altaprofits uses the Internet as a tool not only to win new life insurance customers but also to complete all the related paperwork. Altaprofits project is the first of its kind for this market segment. Motivation for the project stemmed from the general dissatisfaction among insurance customers with the services offered in today s market.
Many customers have reservations about taking out a life insurance policy.
They worry about the high prices and technicalities of purchasing a policy, as well as the fact that insurance companies and banks often limit their options for investing, explains Fran ois Leneveu, CEO at Altaprofits and initiator of the life insurance project. Furthermore, it has to support data exchange between partners, structured storage of information and data analysis and searches. Software AG helped Altaprofits make significant progress in achieving its goals. Thanks to its Tamino XML Database , Software AG was able to develop a high-performance Internet portal for Altaprofits. Today the Altaprofits website offers two main services.