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FKB Becomes Cost-Effective Health Insurance Provider in Liechtenstein and Switzerland

"uniPaaS enables me to participate in the entire IT project experience, from the definition of business objectives to application design, prototyping and QA, and is a key factor in our business success." 

"This is the ultimate example of business technology. It demonstrates how technology can really support business and enable its growth.”

Manfred Foser, CEO & Owner, FKB.
 

Customer

Founded over 25 years ago as an administration and trust company, VBF extended its operations to the health insurance market with the ongoing servicing of FKB. The companies are headed by Manfred Foser, a tax consultant with a penchant for IT, who began using uniPaaS application platform technology in the mid 1980’s to develop and deploy a range of applications for the group.

 

Challenge

The process of acquiring and merging the companies presented the challenge of modernizing FKB’s IT operations. In particular, Foser wanted to introduce new accounting and health insurance applications to take advantage of Information Technology in dealing with the constant changes to health invoice processing and control.

 

Value

The new application has significantly reduced the processing costs for VBF’s health invoices and has freed-up staff to focus on their main tasks.

“This is the ultimate example of business technology,” said Foser. “It demonstrates how technology can really support business and enable its growth.”

 VBF has now become the largest health insurance provider in Lichtenstein with the lowest operating costs in the industry for both Liechtenstein and Switzerland. 

 

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