Eskadenia inks key Arab insurance deal
Amman, September 4, 2011
Jordan-based software group Eskadenia said it has signed a deal with leading insurance company, the Arab Misr Insurance Group (Amig) for deployment of its key insurance solutions at its Egypt office.
Eskadenia Software is fully designed to help manage and automate the Amig's insurance and financial operations, reduce cost, speed up work and ensure a high level of security and improved customer service.
Eskadenia Software Insurance systems accelerate the processes of creating quotations, issuing policies, endorsements, claims, processing of reinsurance and renewal transactions rapidly and accurately.
In addition, the insurance system integrates with the Financial Modules of Eskadenia Business Manager on real time basis.
The software packages will also provides AMIG users with advanced real-time reports and statistics in the form of charts, diagrams and management dash boards to analyse operational performance and support the decision making process.
Developed using Microsoft .Net technology and residing on Oracle Database, the web-based systems will allow Amig employees to define insurance products, manage production, and run daily insurance transactions in an efficient and simple manner, said a senior official.
Through the systems’ location-independent interface, the company can efficiently handle greater volumes of operations and smoothly manage work processes, through all of its offices and branches in Egypt.
Eskadenia software managing director and founder Nael Salah said: 'We are glad for this important co-operation agreement with Amig, one of the insurance leaders in Egypt and for the positive effect this agreement will give the position of Eskadenia software in Egypt and across the region.'
'This agreement comes as an indication of the trust and confidence leading insurance companies put in the Eskadenia Insurance and Enterprise Systems.'
Amig managing director Ala’ Al-Zuhayri said, 'We are very pleased to sign this contract with Eskadenia as they are one of the most distinguished software providers in the region.'
'Amig being the only rated Insurance Company (BBB+) AM Best is willing now to move into a new era of providing services to the clients and this will involve a lot of implementation for unique technologies.-TradeArabia News Service
