Greenval Insurance Implements ViClarity's Compliance & Vendor Management Solutions
June 2, 2021
Greenval Insurance, a non-life insurance company specializing in fleet motor insurance, has partnered with ViClarity to automate compliance, vendor management and the company's third-party administrator (TPA) claims process.
Greenval Insurance was created in 2007 and is owned by Arval, part of BNP Paribas Group. Greenval operates across Europe and to date, insures in excess of 600,000+ vehicles. Greenval offers liability and damage coverage specifically designed for fleet business and is dedicated to customers of Arval Group.
The automation of multiple processes will allow Greenval to gain efficiencies from having one central and fully integrated system for multiple business processes. Moving away from manual processes to ViClarity’s automated platform will save the group thousands of hours per year and they will benefit from having a central repository for all compliance, vendor and TPA claims data.
Commenting on the news, John Sheridan, Chief Financial Officer at Greenval said:
“The value of being able to automate multiple processes on one central and integrated platform is quite important. We look forward to establishing a long-lasting partnership with ViClarity and anticipate benefiting from the real time analysis that the tool provides."
Donal Lawlor, Head of Sales at ViClarity also commented on the development:
“We look forward to working with John and the wider team at Greenval. Our team are very experienced in rolling out end-to-end solutions for the insurance market and by working closely with the Greenval team we will provide great value to the group."
Greenval Insurance DAC is a non-life insurance company specializing in fleet motor insurance. An Irish company created in 2007 owned by Arval, part of BNP Paribas group, Greenval Insurance is entitled to offer insurance solutions in all the countries of the European Union on the basis of the Freedom of Services, and is regulated by the Central Bank of Ireland. The company currently operates under FOS or a reinsurance basis across Europe. To date, Greenval insures in excess of 600,000 + vehicles; Greenval Insurance offers liability and damage coverage specifically designed for the fleet business and is dedicated to customers of Arval Group. Arval, a subsidiary of the BNP Paribas Group, is a specialist in full service multi-brand vehicle leasing, offering companies tailored solutions aimed at optimizing their employees' mobility while outsourcing the risks associated with fleet management.