02 August 2015Helps the Insurer to Streamline Business Processes
Dubai - 3i Infotech
, a global technology solutions and services provider celebrates their most recentre union with Emirates Insurance Company
- one of the pioneering insurance companies in the region. Being one of the oldest and loyal consumers of 3i Infotech
solutions, Emirates Insurance
Co. entered into a renewed agreement to adopt the latest version of 3i Infotech
's PREMIA 11 Core General Insurance System.
Commenting at the signing reunification, Mr. Ashish Dass, President- EMEAat 3i Infotech was quoted as saying, "Emirates Insurance is one of our oldest clients in the UAE and ourliaison with the company dates back to more than 15 years. Emirates Insurance is an extremely valuable relationship we retain and fits perfectly as an endorsement to our latest offering- PREMIA-11 which is the latest addition to the PREMIA family and a highly technologically advanced solution."
"In their critical line of business, PREMIA-11 plays a key role in proactively analyzing risks, refining of business processes to facilitate better customer service and streamlining end to end flow of customized business documents within the organization. It also covers all insurance operations from underwriting to claims processing and financial accounting," Dass added.
This partnership also endorses the fact that PREMIA11 continues to handle diversified businesses with complex business processingneeds to make work simpler.
Babak Kobari, Vice President,MEA for 3i Infotech also added, "Being a strategic systems partner of Emirates Insurance Co. for so long has reinstated us with pride of being a reliable solutions provider in the market. We are particularly pleased to be associated as one of the contributors to their ongoing success and growth in the region."
Being one of the most respected companies in the insurance sector in the UAE, Emirates Insurance Co., incorporated in 1982, is also a listed entity in the Abu Dhabi Securities market. Emirates Insurance Co. is committed to servicing the citizens of UAE and is on an ambitious route of progressively expanding its branches across the Emirates.
On the occasion of signing this agreement, Mr. Aart Lehmkuhl, Chief Financial Officer, Emirates Insurance Co.said, "We are looking to improve the productivity of our company by advancing our efficiency level with 3iInfotech's robust and reliable systems. We are happy to extend our relationship with 3i Infotech as their systems encourage seamless processing and expedite delivery of insurance products. I believe their proficient systems are going to enable us to secure a valuable impact on our business.
About 3i Infotech
Incorporated in 1993, 3i Infotech (www.3i-infotech.com) is a public global Information Technology company committed to Empowering Business Transformation. A comprehensive set of IP based software solutions (25+), coupled with a wide range of IT services, uniquely positions the company to address the dynamic requirements of a variety of industry verticals, predominantly Banking, Insurance, Capital Markets, Asset & Wealth Management (BFSI). Furthermore it offers solutions to the government, manufacturing, retail, distribution, telecom and healthcare sectors. Among its repertoire of IPR based solutions the flagship products of the Company are Premia, MFund, Orion, Kastle ULS and Amlock.
The Company has a very strong foothold and customer base in geographies like South Asia, Middle East and Africa, China, Asia Pacific, Kingdom of Saudi Arabia, Western Europe and North America
The Company is also focused on value added services such as business intelligence & analytics services, infrastructure management services, testing & compliance, application development & maintenance, consulting and its BPO offerings.
The Company, headquartered in Mumbai, India has over 8,500 employees in more than 20 offices across 12 countries and over 1,000 customers in more than 50 countries across 5 continents.
Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.
3i Infotech Limited
Tel: +971 (4) 3914900
Fax No: +971 (4) 3918773
© Press Release 2015