Finibanco Vida – Companhia de Seguros de Vida, S.A. was founded in 2007, and is currently part of Montepio Group, being wholly owned by Montepio Geral.
Finibanco Vida’s activity is part of Montepio Group’s global and integrated operation, aiming to provide its customers with financial solutions, additional welfare and family protection. It is exclusively dedicated to the Life insurance area, offering risk life insurance, capitalisation, unit linked and annuity products.
i2S was, from the very beginning, the strategic partner chosen to provide the software solutions and services, having been decisive in the insurance company’s operational launch.
Launch of a new company associated with the Bank
In 2006, i2S was the partner selected to provide a software solution for a new insurance company associated with Finibanco bank: Finibanco Vida.
i2S solution’s flexibility and agility enabled us to complete the roll-out in under four months (between November 2006 and March 2007).
The company’s go-live, on 3 April 2007, included several single and group life products – risk and financial – a bank channel, and the migration of another company’s portfolio.
The suite of products selected enabled us to provide a global and consistent solution to all company areas: core management of life products, financial management and online integration with the bank.
With the i2S solution, the swiftness and success accomplished with the launch of this new insurance company was manifest.