3i-Infotech reiterates commitment to business transformation of insurance industry

 Leading insurance software solutions company, 3i-Infotech Ltd, has reiterated its commitment to the service of the insurance industry and practice in the country through provision of core insurance application with cutting-edge technology.

Saurav Verma, 3i-Infotech assistant vice-president & regional business leader for West Africa, at a stakeholders’ forum organized by the company in Lagos, tagged ‘PREMIA Conclave’, said the company’s PREMIA range of software solutions is tailor-made for the insurance industry, adding that there are more than 120 plus customers globally using PREMIA application with more than 50 customers in the Africa region.

“There are many applications in the market but PREMIA is the market leader as far as Africa and the Middle East are concerned. 3i-Infotech is a global information technology company based in India and we have a lot of domain expertise, required tool and skill set for rapid project implementation. PREMIATM is our flagship product for insurance vertical,” he said.

Verma said the ‘PREMIA Conclave’ was part of the company’s commitment to the growth and development of insurance practice in the country, a platform to bring all its customers under one roof to listen to their issues and try to take corrective measures on them, as well as to announce new developments around PREMIA and what’s on offer in terms of after-sales support.

According to him, PREMIA offers end-to-end business process of life and non-life insurance companies, including traditional and takaful covering underwriting, claims, re-insurance and financial accounting along with the digital platform keeping an eye on the future demands of the industry.

Snehal Desai, vice-president, global sales, Middle East and Africa, 3i-Infotech, explained that the PREMIA 11 has the digital platform in terms of the mobility, the B2B portal, B2C portal, the business intelligence and the document management workflow, adding that the entire work process of an insurance company is automated by PREMIA.