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Achmea Insurance Group Selects Cognos for Performance Management.


- Netherlands insurance company to meet strategic objectives using Cognos 8 Business Intelligence -

BURLINGTON, Mass. -- Cognos (Nasdaq: COGN; TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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CSN Centrala studiestödsnämnden (Swedish: state education grant and loan program)
CSN Confédération des Syndicats Nationaux (French) 
), the world leader in business intelligence and performance management solutions, announced today that Achmea Insurance Group has standardized on Cognos 8 Business Intelligence to support its financial and business planning and reporting.

Achmea, the largest insurance group in the Dutch market, employs 22,000 people working in six departments: Care, Pensions, Social Security, Direct Distribution, Monetary Distribution and Intermediary Distribution, and Group IT Services. Each division has its own key activities and operates under several brands. Cognos will be implemented across the enterprise to support business-critical and strategic goals, including financial and business scenario-based planning.

With Cognos 8 BI, Achmea will have a single product that easily integrates into its existing infrastructure, which has multiple systems and data sources. After Cognos successfully implemented two performance management projects for the Social Security Division in 2006, Achmea decided to implement Cognos across its enterprise. The Cognos consulting organization played a crucial role in the successful completion of the projects by aligning Achmea's strategic objectives with the Cognos 8 BI implementation.

"We use integrated business performance management to monitor the strategy execution," said Miloje Stevanovic, Manager of Change Management and IT at Achmea. "Cognos 8 BI provides us with a very solid base and a strong information platform."

Achmea now has the complete range of BI capabilities from analysis, scorecarding, and reporting, on a single, proven architecture. In addition to delivering a single point of entry for business managers to access information, Cognos 8 BI will simplify deployment and administration for the IT department and reduce programming time. Cognos 8 BI is a groundbreaking product that provides decision makers at all levels of the enterprise with a consistent, accurate view of information to better manage performance. As a single product that easily integrates into existing infrastructures with multiple systems and data sources, Cognos 8 BI is a robust technology foundation for BI standardization and performance management.

"More and more companies realize that they aren't able to increase their efficiency with their operational systems," said Laurence Trigwell, senior director of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 solutions at Cognos. "Strategic information is what matters. Achmea's standardization is demonstrative of Adj. 1. demonstrative of - serving to prove or demonstrate; "the oath of office is...demonstrative of the legislative opinion on this subject"- John Marshall  our vision of BI and performance management working together across the enterprise for all decision makers. Achmea now has a consistent, accurate view of information to better manage its performance."

Cognos is a recognized leader in delivering performance management solutions for the insurance industry. Over 1,000 financial services institutions worldwide use Cognos, including 4 of the top 5 global insurance companies. Insurance customers include AAA AAA: see American Automobile Association.


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) - Insurance division, Chubb Insurance Company of Europe, MetLife and Prudential UK. For more information about Cognos solutions for the insurance industry, please visit http://www.cognos.com/solutions/industry/banking-financial-services/ insurance.html. (Due to its length, this URL URL
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About Achmea

Achmea is the largest insurance group on the Dutch market. Achmea operates under brands such as Interpolis, Centraal Beheer Centraal Beheer is an insurance company sited in Apeldoorn, The Netherlands. It is one of the largest insurance companies in the country. It is usually referred to as "Apeldoorn".  Achmea, Zilveren Kruis Achmea, Avero Achmea and FBTO FBTO Future Business Teachers Organization (Manila, Philippines) . The common ambition of all insurers and service providers in Achmea is to take care of their clients' cares. Central questions in this matter are safety, health, pension, workforce participation, company continuity and conditions of employment conditions of employment

that part of an employment that sets out the duties, responsibilities, hours of work, salary, leave and other privileges to be enjoyed by persons employed, for example a veterinary nurse, in private practice.
. For more information, please visit the Web site: http://www.achmea.nl

About Cognos

Cognos, the world leader in business intelligence and performance management solutions, provides world-class enterprise planning and BI software and services to help companies plan, understand and manage financial and operational performance.

Cognos brings together technology, analytical applications, best practices, and a broad network of partners to give customers a complete performance system. The Cognos performance system is an open and adaptive solution that leverages an organisation's ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. , packaged applications, and database investments. It gives customers the ability to answer the questions - How are we doing? Why are we on or off track? What should we do about it? - and enables them to understand and monitor current performance while planning future business strategies.

Cognos serves more than 23,000 customers in more than 135 countries, and its top 100 enterprise customers consistently outperform market indexes. Cognos performance management solutions and services are also available from more than 3,000 worldwide partners and resellers. For more information, visit the Cognos Web site at http://www.cognos.com.

Cognos and the Cognos logo are trademarks or registered trademarks of Cognos Incorporated in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and/or other countries. All other names are trademarks or registered trademarks of their respective companies.

Note to Editors:

Copies of previous Cognos press releases and Corporate and product information are available on Cognos' Web site at http://www.cognos.com, and at BusinessWire's site at http://www.businesswire.com
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 11, 2007
Words:813
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