Castrén & Snellman advised Fennia on the deal.
Fennia announced the acquisition of an integrated insurance system from Salesforce and Accenture.
The new integrated system will include customer relationship management and insurance systems and will enable Fennia to reorganise its insurance business operations. This will make it possible to refocus the entire insurance process on the customer.
In practice, Fennia is building a new insurance business alongside its current business rather than developing its current one. This is the first reorganisation of this scale to be carried out in Finland.
The Fennia Group consists of Fennia, Fennia Life and Fennia-service Ltd. Together the companies offer their clients competitive and high-quality non-life and life insurance services.
The Castrén & Snellman team included Pia Ek (Picture), Eija Warma-Lehtinen, Kim Parviainen, Noora Rissanen, Ida Laakkonen and Sami Lommi.
Involved fees earner: Pia Ek – Castrén & Snellman; Ida Laakkonen – Castrén & Snellman; Sami Lommi – Castrén & Snellman; Kim Parviainen – Castrén & Snellman; Noora Rissanen – Castrén & Snellman; Eija Warma-Lehtinen – Castrén & Snellman;
Law Firms: Castrén & Snellman;
Clients: Fennia Mutual Insurance Company;