PARTNERSHIP THAT FOSTERS INNOVATION
Undo is a new player in the Danish insurance industry, which likes to challenge the way things are done in the industry. Its innovative car insurance, Undo:kør, is app-based and monitors your driving to calculate the price of your car insurance based on behavior.
Despite offering a new type of insurance to its customers, bringing Undo’s car insurance to market still requires the same third-party integrations as any other car insurance. Process factory has helped Undo bring its insurance to life by establishing the necessary IT processes to operate in the Danish insurance industry.
TOGETHER WE TURNED INNOVATIVE IDEAS INTO REALITY
Undo approached Process Factory because of a need for expertise on the processes and requirements surrounding DMR (the Digital Motor Register) and EDI. They had a lot of ideas but needed the right know-how to determine what was realistic. With our guidance, Undo was able to get its insurance to market faster.
The company wanted to split its car insurance in a new way that makes more sense for the young customer segment. We helped establish the necessary internal processes and integrations to the Digital Motor Register and Insurance & Pension, which enabled Undo to satisfy their customers while complying with all the regulatory processes.
MANAGING THIRD-PARTY INTEGRATIONS
Undo:kør is now up and running, and we continue to help with third-party integrations through our OneLogic DMR and EDI solutions. Process Factory manages the maintenance, optimization, and modernization of these integrations, so Undo can focus on turning their next idea into reality.
HOW WE SUPPORT UNDO:
Advice on how to develop and market a new kind of car insurance
Establishing the necessary third-party integrations
Know-how on IT processes in the Danish insurance industry
Advice and IT solutions that turn ideas into reality
“We had a lot of ideas about business practices, and Process Factory has helped us figure out how we could turn those ideas into reality. Process Factory, and especially their industry know-how, has been a great help to us in that process. They act as a link between Undo and third-party organizations in Denmark, including SKAT. We use their EDI and DMR integration solutions, which we have found to be of great value to us.”
Tim Lykke Myhrvold,
VP of Commercial Operation
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