PREMIA™ leading choice of insurance companies in Oman
3i Infotech Limited, a global IT software provider with its flagship insurance products, PREMIA™ has grown exponentially over the past 16 years as a trusted technology partner, bringing in business transformation for over 40 insurance companies in GCC.
Key insurance companies in Oman and MENA region trust PREMIA™, a flexible insurance management product suite and a leading policy administration system, which has been successfully deployed in major markets in the Middle East and Africa region. Mumbai-based 3i Infotech has grown enormously since 2000, when it first gained entry into the Oman market.
Today it serves major insurance companies as customers in the Oman market, Al-Madina Insurance, Falcon Insurance, Takaful Oman, Oman United Insurance, Oman QIC, Vision Insurance and Oman Arab Orient Insurance to name a few.
Talking about his company’s association with 3i Infotech, Usama Al Barwani, acting CEO, Al Madina Insurance Company SAOG [Al Madina Takaful] said, “Being the country’s foremost and first Takaful provider focusing on technology, the PREMIA™ installation has made us fully automated, thus enabling us to bag the prestigious ‘Oman Insurer of the Year from MENAIR Insurance Awards, 2016’.”
PREMIA™ presently has top-notch customers in various stages of installation and support. A few among them include OUIC, Oman QIC, Vision Insurance and Oman Arab Oriental Insurance.
AR Srinivasan, CEO, Falcon Insurance Company, speaking about the success with PREMIA™ said, “In 2007, Falcon Insurance Company S.A.O.C. needed an end-to-end IT solution partner and found a worthy partner in 3i Infotech. As our motto is to provide our customers ‘Insurance with a Difference,’ we upgraded with PREMIA™ General Insurance to maximize benefits and procured PREMIA™ Life Suite as a life insurance solution to further enhance our business and achieve our strategic goals.”
Another customer who has experienced 3i infotech’s sound ability, best-in-class delivery and reliable support of the PREMIA™ solution since 2014 is Mohamed Appas from Takaful Oman Insurance S.A.O.G, Muscat. He stated, “We are a full-fledged Islamic insurance provider, providing a wide range of Sharia compliant risk protection products. We have found that our IT infrastructure has been strengthened and our operations smoothened, since we started using 3i Infotech’s PREMIA™ CORE and Portal solution.”
Highlighting the strengths of the solution, Rakesh Doshi, Head – Insurance & Financial Services 3i Infotech Ltd said, “The prowess of PREMIA™ has evolved over the years, as it caters to the needs of varied customers in different regions. Having incorporated key local laws and directives of the land, PREMIA™ has included recent technical upgrades which give the product more relevance, as well as makes it on par with insurance standards.”
With over 190 installations and a team of 390+ technology professionals having 100,000 hours of domain experience, 3i Infotech offers robust services in the realm of insurance.
About 3i Infotech (www.3i-infotech.com)
3i Infotech one of the key IT banking and insurance software and solutions is a public global company empowering business transformation and services a variety of industry verticals predominantly Banking, Insurance, Capital Markets, Asset& Wealth Management (BFSI). The company has a very strong foothold and customer base in geographies like South Asia, Middle East and Africa, Asia Pacific, Kingdom of Saudi Arabia and North America. It is also focused on value added services such as business intelligence and analytics services, infrastructure management services, testing and compliance, application development and maintenance, consulting and its BPO offerings.
