SAVE.Or die.

Stefan Dobak, CEOgratex international

WHO WE ARE

Development of customized software applications and system integrationEstablished in 19912011 revenue 35 mil. €400+ employeesSince 1994 in InsuranceIBM Premier Business Partner, Oracle Gold Partner, Microsoft Gold Certified Partner, HP Gold Preferred Partner, Symantec, T-com, SAP, Cisco

REFERENCES | Allianz GroupAllianz - Slovenská poisťovňa

(General – Life and Non-life Insurance)Allianz - Slovenská dôchodková správcovská spoločnosť:(Pension Fund Management)Allianz Asset Management (Private Equity Management)Allianz Ţiriac Asigurari (Reinsurance)Allianz Life Korea (Life Insurace – in cooperation with Samsung SDS)Global Transport & Automotive Insurance / Allianz(Underwriting Agency – transport insurance)

REFERENCES | Allianz Group

Reinsurance:

Allianz Slovenská poisťovňa SlovakiaAllianz Ţiriac Asigurari RomaniaAllianz Life Korea South KoreaGlobal Transport & Automotive Insurance / AllianzAustralia

REFERENCES | Insurance

Social Insurance Agency (Slovak Republic)Employer Liability InsuranceUniqua (Slovak Republic)IT infrastructure delivery and administration Generali (Slovak Republic)IT infrastructure delivery and administration Cardif (Slovak Republic)IT infrastructure delivery and administrationEximbanka (Slovak Republic)Insurance PortalPet Sure (Australia)Pet health insurance (also reinsurance)Protecsure (Australia)Equipment insurance (also reinsurance)

Life and Non-LifeNew Business (UW, Policy Issueing) • Premium Collection • Policy Change • Payment • Accounting in Policy Admin (SBA subledger) • Claims • Integrated Customer Management • Product Design (ProductTemplateRegister) • ActuaryVariable Insurance • Liability Insurance • Export/Import Insurace • Employee Retirement InsuranceRisk Management & Solvency IIFraud detection systemReinsuranceCommissionDMS (Document Management System)Migration and Integration

PRODUCTS | Modules & Competences

Reinsurance | Supported types of reinsurance

WHERE TO GO

Who is happy with the maintenance costs?

20-30%Recent updates on licensing policiesExpensive change requestsLimited resourcesApplication market consolidation

WHERE TO GO

Do you save?

The world has changedSoftware licensing principles not (40 years?)Pay for what you really getHow much is the brand worth?Where is the innovation comming from?

WHERE TO GO

Do you have Open Source solution (is it an Option)?

All components for enterprise solution are availableResources are thereSocial aspect of the relation have been changedQuality: Bugfixing roundtrip is shorterNothing to be afraid of. You have it anyway. From the legacy vendors.

WHERE TO GO

Is your investment strategy Zero based?

Rethink the maintenanceModularity – case by busniness caseBetter control – better results – Commission, Collection/Disbursement, processes (DMS), Fraud Detection, ReinsuranceTurn challenges in to the opportunity (S2)

Think. Or die.

Gratex International a.s.GBC IV, Galvaniho 17/CBratislava, 821 04Slovakiawww.gratex.com

Gratex International AUST PTYLakes Business ParkUnit G1, 2B Lord StreetBotany, NSW 2019Astraliawww.gratex.com.auhttp://www.gtiinsurancesolutions.com

Gratex International KoreaAllianz Tower 45-21 Yoido-DongYoungdeung po-gu, SeoulKoreaPhone: +82 10 4066 0724

Backup slides

Reinsurance |

Custom information system for ReinsuranceOriginally developed for Allianz GroupIn accordance with EU Directive Solvency IITransparent and quantifiable goals

Improvement and optimization of the data flow within the companyOptimization of the reinsurance processes with substantial time reductionIncreasing the efficiency of planning, executing and evaluating all reinsurance activitiesDecreasing the error rate (quality improvement and transparency of data calculation)Elimination of the manual interventionsDecreasing the costs related to reinsurance business

Reinsurance | System description

Automates administrative functions of all types of reinsuranceTechnological platform created by Oracle in multi-layer architecture Interface in the web browserProcess and reporting criteria of Solvency II regulations

Reinsurance | Supported processes of reinsurance

Modular architecture allows replacement of any internal modulesAccounting batches in structure required by a central accounting system based on SAP

Reinsurance | Modules implemented in the system

Further functions of reinsuranceReinsurers and brokers panelsMulticurrencyAccounting in written and collected premiumCalculation of Commissions and Fees

Legal Costs, Sliding Scale Commissions, Profit Commissions, Administration Fees, „Loss Corridor“, Deferred Acquisition Costs, Technical results

The Loss processing Risk-attaching Basis (UWY) Loss-occurring Basis (OCY)

Reinsurance | System description

Reinsurance | Reporting

Standardized reports for reinsurers or reinsurance brokers

Excellent tool for monitoring, analyzing and

forecasting, opportunities and risks

Automatic reports for SAP system

Automatic reports within corporate structure (e.g. for parent company)

Reports on the Statement of account (SoA

Reporting)Support of the Risk and Loss

ProfilesStatements on the sets of Cat

Aggregates by region, product or duration

Reinsurance | Benefits of the system

Better business performanceImprovement and optimization of the data flow within the companyLower costs related to the insurance businessLower error rate in this processIntegration capabilitiesExpanding of existing modules depending on customer requirementsAdjusted terms of service - SLA (Service Level Agreement) on a 24/7 basis

REFERENCES | Others

Ministry of Interior of the Slovak RepublicSchengen Information System I/II; REGOB (The Register of Citizens, ID's, Driving Licenses, Passports); EVO (The Vehicle Register, Wanted Vehicles); EZP (Firearms Register, Wanted Firearms)Ministry of Health of the Slovak RepublicComplete IT infrastructure delivery and administration, Implementation of ERP solutionsMinistry of Education of the Slovak Republic

Workflow managementMinistry of Justice of the Slovak Republic

IT infrastructure deliveryNeografiaComplete IT infrastructure delivery and administration, Implementation of ERP solutionsT-Com SlovakiagTel Route (Optimization of transit telecommunications business)DANUBE WINGSSR. LRIS - Air tickets booking information system