To improve the competitiveness parameters of the company’s product by establishing a new insurance system and offering innovative resources that would successfully differentiate the products of the company from the products of its competitors, Nexum Insurance Technologies plans to participate in EUREKA and Eurostars Programme.

The main project task is to develop a new insurance system which includes ten years of experience in the area of insurance and which serves as a logical extension of its existing products. The objective of the new system is execution speed and flexibility while operating at high capacities and mobile application support.

EUREKA is more than an organisation, it is an ambition: to become the leading platform for R&D-performing entrepreneurs in Europe and beyond. EUREKA R&D is industry-led, applied, close-to-market — with tangible results and visible benefits. Founded in 1985, to challenge the increasing migration of R&D and industrial innovation to Asian and North-American countries, EUREKA now unites 39 member countries and also counts the European Union as its 40th member. Together, they promote international, market-oriented research and innovation through the support they offer to small and medium-sized enterprises, large industry, universities and research institutes. Through EUREKA, organisations are introducing new products, processes and services to market, helping make Europe economically strong and socially sound.

Eurostars Programme is a European Joint Programme dedicated to the R&D performing SMEs, and co-funded by the European Communities and 33 EUREKA member countries.

Eurostars aims to stimulate these SMEs to lead international collaborative research and innovation projects by easing access to support and funding. It is fine-tuned to focus on the needs of SMEs, and specifically targets the development of new products, processes and services and the access to transnational and international markets.