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Oman United Group of Companies selects ICICI Infotech’s PREMIA solution

United Arab Emirates: Monday, December 30 - 2002 @ 11:22

The PREMIA solution – a total internet-enabled enterprise information solution for the insurance industry – implementation at Oman United Group of Companies was selected to support the company in its efforts to maintain advanced service levels to customers by streamlining the supply chain and ensuring timely access to critical information.

“The decision to implement PREMIA reflects our main objective and that is to simply both meet and exceed our customers’ insurance needs on a day-to-day basis with risk-free efficiency,” said Mr. Sunni Aburish, Group IT manager, Oman United Insurance Company. “PREMIA was chosen as the ideal solution capable of meeting our immediate and future business requirements. We were looking for an advanced, flexible, easy-to-operate and powerful internet-enabled solution that will enable us to enhance our service to the customer, providing them with timely and efficient service.”

PREMIA allows insurance companies to possess the critical ability to handle more volumes of business at high speeds, and the tools to provide a higher level of service to the customer. The application boasts flexibility and scalability features that give an insurance company the vital edge over competition, as they grow.

PREMIA also enables the insurance company to track the profitability of each product and track their exposure practically on a day-to-day basis thus enabling enhanced decision making.

“We are delighted to have been able to provide Oman United Group of Companies with a solution offering that has the scalability to meet their business requirements today and evolve with them in the future,” commented Hari Padmanabhan, President, ICICI Infotech (MEA). “The PREMIA implementation has been completed successfully, providing Oman United Group of Companies with a competitive advantage in terms of their services offering to their clients whilst experiencing significant cost savings.”

PREMIA is an Enterprise Insurance Management Solution that effectively provides seamless integration between all the disciplines involved in any insurance activity including underwriting, claims, re-insurance and accounts backed by extensive reporting and analysis features. PREMIA has received recognition in the marketplace for being one of the leading Integrated Insurance solutions and was chosen as the ideal solution, providing Oman United Group of Companies with a secure and effective IT backbone.

ICICI Infotech Ltd. (MEA), till recently known as Insyst Technologies (MEA) Ltd. has consolidated its position in the Middle East as a provider of Enterprise solutions encompassing a broad range of business segments including ERPII for Retail, Distribution, Manufacturing, Contracting specialised end to end business solutions for the Insurance sector and niche banking and IT infrastructure security solutions. ICICI Infotech (MEA) has also made significant investments in product development to further enhance their functionality and cater to the evolving needs of the global marketplace.

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Monday, December 30- 2002 @ 11:22 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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