Owing to its integration with the banking system, the new Asseco platform is a solution which primarily automates most of the processes, e.g. data exchange, clearing of contributions or installments, as well as many other services which are currently performed manually by advisors at cooperative banks. Another facilitation for them is one common sales front end supporting various products, regardless of the number of partners providing them. CUI.Ubezpieczenia can already be used by the clients of the Cooperative Bank in Lubaczów, the Cooperative Bank in Namysłów and the Cooperative Bank in Płońsk.
We have been cooperating with Asseco for many years now, using the transaction system, e-banking solutions and tools facilitating the work of our advisors in our branches. A natural step was therefore the implementation of the latest functionality, which significantly improves the quality of customer service and automates sales and clearing processes. Such a solution is the CUI.Ubezpieczenia platform, which operates in our bank. Thanks to our partnership with Asseco and AXA, we have managed to expand the source of our revenues, said Paweł Kapel, President of the Management Board, Cooperative Bank in Lubaczów.
The CUI.Ubezpieczenia platform is offered free of charge to cooperative banks which already use the Asseco Internet Services Centre.
We understand the needs and current expectations of cooperative banks. That is why we have created the CUI.Ubezpieczenia platform, which can significantly increase their competitiveness and revenues. It is also very important that cooperative banks, which are already our clients today, can switch this functionality on and start offering new financial products in a completely cost-free manner, said Andrzej Nowakowski, Director of the Cooperative Banks Division at Asseco Poland.
Thanks to the integration of the CUI.Ubezpieczenia platform with the banking system and automation of processes, such as collecting contributions from a client's account, AXA has enabled the customers of cooperative banks to make payments on a monthly basis. The CUI.Ubezpieczenia platform, in addition to increasing the competitiveness of cooperative banks, has a chance to popularize a new model of bancassurance based on omni-channel solutions.
, said Marcin Wąsikowski, managing director of AXA's bancassurance and affinity sales.
The CUI.Ubezpieczenia platform is fully integrated with the Asseco Advisory Banking Platform designed for customer service in a branch as well as with the e-banking available within the Asseco Customer Banking Platform.
***
Asseco has been developing software for cooperative banks for nearly 30 years. It includes both comprehensive IT solutions and specialist systems facilitating the work of banks. Asseco systems are implemented in the on-premise model using local installations as well as in the cloud. The Asseco Internet Services Centre is already used by over 110 cooperative banks.
Asseco Poland is the largest Polish IT company listed on the Warsaw Stock Exchange (WSE) and the sixth-largest European software producer. It leads international Asseco Group, which operates in 54 countries and employs over 24,000 people. Development of software for banks is one of the key areas of Asseco Poland's business operations. The company offers solutions which respond to the latest trends in global banking.
AXA is one of the largest insurance groups in the world. It has been present in Poland since 2006. It is a universal insurer with a full range of non-life insurance and life insurance products used by over 3 million customers, including companies and multinational corporations. Additionally, it manages investment funds and private pension funds (OFE). AXA is the sixth-largest capital group on the non-life insurance market with 4.8% market share measured by gross premium written at the end of 2018. AXA holds ninth position in the life insurance segment. In Poland, AXA is mBank's exclusive partner in offering life and property protection insurance.
