Case History: New Ireland Assurance
Established in 1918, New Ireland Assurance was the first wholly Irish owned life assurance company to transact business in the country.
Since December 1997 it has been a wholly owned subsidiary of Bank of Ireland. New Ireland is currently one of the country's largest assurers, offering a comprehensive range of financial products designed to meet the life cover, health cover, retirement and investment requirements of its clients.
Lifetime Management Services is the management services company within the Bank of Ireland Group. Founded in 1987, Bank of Ireland Life have now joined up with New Ireland Assurance PLC and have grown into one of the leading life and pensions companies in Ireland.
SYSTEM:VISIONTIMEWEB
NO. OF EMPLOYEES:500
INTRODUCTION
Prior to the amalgamation of Bank of Ireland Life and New Ireland Assurance Company, both organisations were customers of FlexTime. Indeed, it is not the first time that where organisations had joined up, each had been working with us beforehand. This we believe is a testimony to the market penetration that our system and services now have.
Both Bank of Ireland Life and New Ieland Assurance have a variation to their approaches to managing their flexible working hours schemes.
For instance, at New Ireland Assurance staff clock in & out at Time Terminals while and employees handle all updates to time and absence records at PCs. Supervisors then sign off these updates and request electronically.
- Employees call up their own clocking activity reports.
- Employees call up their own holiday reports.
All this via the Intranet, over Web Browsers (MS I.E.).
Meanwhile in Bank of Ireland Life, staff again clock in & out at Time Terminals but supervisors handle the updates and correction for Staff at their PCs – on foot of being given an update sheet from the employee.
The HR Office is kept fully informed by the System’s extensive reporting module about how staff/supervisors are handling these responsibilities.