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Posted on Wed 22 Jun 2005
(1685 reads)
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ValueCard (Pty) Ltd was established in 2002 to provide innovative products for the insurance and affinity industry.
During May 2002 ValueCard conducted a study were it became evident that insurers do not replace products at the best panel merchants according to price and service offered. This is due to the large administration and management costs associated with sourcing products from panel merchants. The various procurement solutions were evaluated and when no ideal product was found that would work in the short-term insurance industry ValueCard developed TenderSystem. TenderSystem was launched in a Gauteng based pilot project during August 2002.
The pilot project enabled ValueCard to streamline and debug the TenderSystem and was implemented commercially in May 2003. Since then the TenderSystem has become the de facto insurance replacement solution.
Vision
ValueCard’s vision is to become the leader in personal line insurance replacements.
Mission
Create lasting partnerships with clients enabling them to decrease their administrative costs and increase revenue.
Good relationships are based on trust, which we expect to earn with honesty and integrity.
Company philosophy
Independence
- ValueCard is a merchant and insurer independent company ensuring that all parties benefit.
Transparency
- All interactions are transparent while respecting client privacy and confidential information.
Practical solutions
- All solutions must work in the real world.
Business processes
- ValueCard implements world class business processes to ensure consistent results.
Development philosophy
Ease of use
- All applications are developed with ease of use in mind.
Tried and tested technology
- ValueCard only develops applications based on tried and tested technology.
Cost of ownership
- Technology is chosen with the lowest total cost of ownership, which are normally open source products.
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