Prepare today for the transformation of the insurance industry
Recent deregulation has turned China into a growing market for investments coming from private life-insurance companies. BearingPoint supported a global insurance company to position itself for business growth in the Chinese market, while ensuring compliance with local requirements and future global regulatory demands, by leveraging an SAP ERP solution.
A global reinsurance company with established operations in the Chinese market needed to comply with China’s evolving regulatory environment in the cybersecurity field. BearingPoint worked with the client’s project team to identify key impacted areas of cross-border sharing of data and to restructure their IT architecture, to comply with legal requirements and enable ongoing operations in the local market.