With the Loxon self-service application, the insurance company has expanded its existing customer interfaces with a new digital channel. The platform allows customers to review their entire insurance portfolio, as well as make instant bank card payments to replace previous account-based settlements. Not only is this a great relief for insurees, as they can avoid a lot of unnecessary inconvenience, but it also saves a lot of resources for Porsche by greatly reducing paper-based processes.
The implementation is a significant milestone for Loxon, as besides representing the most recent extension of its business and technological knowledge, the company has also managed to take its operational capabilities to a new level. The white label application runs in AWS cloud, which enables a rapid implementation and provides additional benefits for the customer, which include cost and other resource savings.
Commenting on the milestone, Zoltán Nánai, Chief Product Officer at Loxon said: Our major goal is to be ambassadors for the digital transformation of financial institutions with our vision being to make finances easy for everyone. The new SaaS-based operation enables us to provide our solutions in a quick and cost-effective way to our customers and seamlessly extend them with new, future-proof enhancements. This implementation at Porsche Versicherungs AG. Hungary was a great experience for us and we are ready to expand our services in this direction.
Introducing Loxon’s application is a great step for us towards digitalisation. – said Krisztián Fülöp, Head of Branch Office at Porsche Versicherungs AG. Hungary. – Our aim is to make administration convenient for our customers, and this new platform offers a transparent and easily accessible interface for managing their portfolios. This not only saves a lot of time and simplifies the life of our customers, but also saves us significant costs by eliminating a lot of paperwork. Galvanised by the success of the implementation of Loxon’s tailored-to-brand application, we expect to extend our current cooperation in the future.
About Porsche Versischerungs AG. Hungary
Porsche Versicherungs AG. is an international insurance company of Porsche Bank AG. providing motor insurance services, based in Salzburg. Porsche Bank AG is currently present in thirteen European countries and has been operating in Hungary since 1994.
The Hungarian Branch of Porsche Versicherungs AG. started operations on 1 November 2006 as a branch of an insurance company in an EEA Member State. Its main task is to conclude CASCO insurance contracts in favorable condition for new and used vehicles sold by Volkswagen, Škoda, SEAT, Cupra, Audi and Porsche dealers in Hungary.
Amazon Web Services (AWS) is the world’s most comprehensive and broadly adopted cloud platform, offering over 200 fully featured services from data centers globally. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—are using AWS to lower costs, become more agile, and innovate faster.
Loxon is a business solutions provider, offering integrated lending, collection, and risk management software solutions for the financial services industry. It is also a dedicated vendor of software solutions which aims to serve banks and leasing companies, covering the entire lending, collection, and risk management lifecycle. Loxon has its head office in Budapest, Hungary, and has offices in the Netherlands (Amsterdam), Romania (Bucharest), Russia (Moscow), Bahrain (Manama) and the United Arab Emirates (Dubai).
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