Magdeburger Sigorta,
IIMC Legal Reporting Project
Magdeburger Sigorta automatically uploads the legal treasury reports
they are obliged to send to IIMC (Insurance Information and Monitoring Center),
with the data received from the data warehouse system.
Magdeburger Sigorta worked with GTech to automate its legal reporting to Turkey’s Insurance Information and Monitoring Center (IIMC/SBM), replacing manual work with a secure, rule-compliant reporting system.
The project:
- Uploading the reports that insurance companies are required to submit to the Insurance Information and Monitoring Center (IIMC-SBM) online.
- Preparing the data to be uploaded to IIMC via web service, in the XML format determined by IIMC.
- Enabling report data to be updated directly by the user.
- Keeping the system compliant with the legislation updates published by IIMC.
- Establishing an authorization system based on user groups.
Achievements:
- Reports are uploaded to IIMC in the required format within the legal deadlines.
- Labor and time are saved by automatically pulling data from the data warehouse system.
- Data security is maintained through dedicated adjustment screens, with support for manual data entry when users need to intervene.
- Thanks to the authorization process, business units can act on their own reports and establish their own approval mechanisms.
