3i Infotech has released its latest version PREMIA 11j. Premia 11j covers end-to-end automation of insurance life cycle across customer acquisition, underwriting, re-insurance, policy administration, distribution management, persistency and claims management.
The solution is built on a state-of-the-art Java platform and robust Oracle database to deliver a Scalable, Stable, functionally and technologically superior product.
According to Madhivanan Balakrishnan, MD & Global CEO, 3i Infotech Ltd., “Complexity of business operations and the need for the technology modernization are amongst the biggest hurdles to accelerate growth today. Leveraging the single system approach of Premia 11j, life insurance sector can choose to deploy a solution based on business priorities. This ensures simplified transformation journey and faster realization of modernization benefits. This also reiterates our commitment and deep understanding of the Life Insurance vertical across the targeted markets.”
Premia 11j Life Insurance addresses both Conventional and Takaful markets across Asia- Pacific, South Asia, Middle East and Africa. The solution provides insurers with unparalleled flexibility to manage product offerings and distribution across a wide spectrum of the sector.
Premia 11j provides comprehensive rating engine, inbuilt product configurator, integrated workflow, document management and powerful reporting. Premia interfaces and renders a full and flexible real-time self-service for the community of participants, agents, brokers and sponsors through its Premia E-Portal and Zeus Mobility framework.
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