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PREMIA is solution of choice for Mauritian Eagle Insurance

United Arab Emirates: Tuesday, October 19 - 2004 @ 09:13

Mauritian Eagle is part of the IBL Group, the 2nd largest business group in Mauritius. PREMIA, a total internet-enabled Enterprise Insurance Management solution for the insurance industry & a market leader in the GCC, will provide Mauritian Eagle with necessary tools to enhance business processes as well as management capabilities. PREMIA will replace an in-house developed system across all Mauritian Eagle offices.

PREMIA 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 will enable Mauritian Eagle Insurance management and employees to track the profitability of each product and track their exposure practically on a day-to-day basis thus enabling enhanced decision making.

“We came to the realization, that we needed a scalable advanced IT solution that catered to our complex business demands a task which was becoming increasingly difficult with the existing in-house system. PREMIA was chosen as the ideal Insurance Management solution capable of meeting our immediate and future business requirements,” said Mr. Gaetan Lan Hun Kuen, Chief Executive, Mauritian Eagle Insurance Co. Ltd.

“We wanted a dedicated internet-enabled enterprise business management solution that was easy-to-operate and familiar with our existing business activities, providing scope for process improvement such as handling more volumes of business at high speeds and servicing the insurance needs of our customers with risk-free efficiency,” added Mr. Jose Arsenius, Information Systems Manager, Mauritian Eagle Insurance Co. Ltd.

“We are delighted to have been able to provide Mauritian Eagle Insurance with a enterprise management solution offering that has the scalability to meet their business requirements today and evolve with them into the future,” said Kalpesh Desai, Chief Operating Officer, ICICI Infotech Ltd. (Central Europe, Middle East & Africa). “We look forward to working closely with Mauritian Eagle Insurance and are delighted with getting this opportunity to further strengthen our presence in Mauritius and serve the needs of the insurance industry in this market.”

PREMIA boasts flexibility and scalability features that give an insurance company the vital edge over competition, as they grow. PREMIA caters to multiple classes of the business, namely general accident, fire, motor, engineering, marine, aviation, life, and medical categories.

An impressive 60% of premium written in the Middle East is through PREMIA. Some of PREMIA’s prominent customers include: AIG; Tokio Marine; Heath Lambert, Albatross Insurance and Insco Marsh.

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Tuesday, October 19- 2004 @ 9:13 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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