Multi-country, multi-currency management: health insurance from Africa to Europe

An insurance group or broker operating in several markets has to deal with different regulations, management practices and currencies. AXCEN answers this reality with a platform designed from the start for multi-country use.

Setup by country and by entity

Each country, and each entity within a group, can have its own rules. You steer your activities from a single environment without standardising what must remain specific.

Markets covered

• Africa, CIMA zone and non-CIMA zone: setup of activities falling under the CIMA framework, taking applicable national provisions into account.
• Middle East: setup according to national regulatory frameworks and the management practices specific to each market.
• Europe: consideration of the specifics of health insurance and of how basic cover and supplementary cover fit together.

Multi-currency management

Operations are not carried out in the same currency from one country to the next. AXCEN lets you adapt the management of contributions, benefits and payments to the different currencies of your markets.

Compliance with local and contractual rules

The setup ensures that each operation respects both the contract and the local framework in force.

Connecting with your systems

Thanks to API interconnection, policyholder, contract and benefit data can be exchanged according to the integrations defined with your own systems.

Long-standing expertise

AXCEN builds on the experience of VAERDIA, with more than 50 years of expertise, and today supports players in around ten countries.