3i Infotech implements Insurance Software at Oriental
Mumbai, Apr 7 (UNI) 3i Infotech Ltd has successfully completed the roll-out of the Integrated Insurance Management solution at 192 offices of Oriental Insurance Company Ltd.
Announcing this, the company's press release said that the roll-out in 412 offices constitute the phase I of the mplementation, before taking up implementation across other branches of Oriental Insurance.
With the completion of the roll out at 192 offices, Integrated Non-Life Insurance Application Solution (INLIAS) as the project is referred to, has provided Oriental Insurance seamless integration across its operations, ensuring easy access to information and efficient customer service.
After complete roll-out across all its offices, Oriental Insurance, which has an annual turnover of over Rs 36,000 million (US$ 800 million) will benefit from operational efficiencies, automated reporting at divisional and regional levels and effective management information systems for top management decision-making.
The company has customized its standard insurance Premia software product to develop the INLIAS software for Oriental insurance.
The deployment of INLIAS is part of Oriental Insurance's initiative to become India's premier general insurance Company, built upon well-knit integrated business systems. Oriental Insurance currently has 21 regional offices, 310 divisional offices, 583 branches and 55 extension counters across the country.
3i Infotech, deputy managing director, Hari Padmanabhan, said, ''Oriental Insurance is a customer-focused organization and its current technology initiative is an indication of its commitment to its existing and prospective customers. Its choosing our technology platform for the development of INLIAS is a milestone for us. We are confident that our domain expertise in the insurance space will prove useful in the implementation of this project.'' UNI SN PP SKB1914