BANGALORE, 14 October, 2019 (GPN): 3i Infotech Limited (BSE: 532628, NSE: 3IINFOTECH), a global Information Technology company, with its end-to end, cutting-edge insurance technology solution, PREMIA Astra will help Sarwa Insurance, a leading provider of finance solutions in Egypt, to intelligently automate and cut complexities and  thereby transform operations. The solution suite is built ground up using state-of-the-art technology to deliver a dynamic range of solutions for insurers to operate across every business channel and product line.

Sarwa Insurance, the largest player in Egypt’s debt capital markets, chose 3i Infotech’s PREMIA Astra as it enables efficient and quick policy administration, consequently bringing immediate benefits to its customer management processes. In addition, the streamlined and meticulous claims service processes with modules that enable easy regulatory compliance and intelligent reporting, provides Sarwa Insurance the edge to differentiate itself in a highly competitive landscape.

Rakesh Doshi, EVP & Business Head- Insurance & Financial Services, 3i Infotech said, “PREMIA Astra provides a one-stop solution for all insurance operations. It is cloud-enabled and capable of being hosted online to allow remote access for insurance administration. With this implementation, Sarwa Insurance’s intermediaries will be able to access the company’s electronic systems to follow-up with their customers and issue relevant documents. They will also be able to conduct follow-ups on payment of compensation for its customers and view mediators’ activities.”

Speaking on the implementation of PREMIA Astra, Ahmed Khalifa, Managing Director, Sarwa Insurance said, “We selected 3i Infotech’s PREMIA Astra solution for its superior quality and user-friendly interface, along with its guided navigation which is based on a seamless workflow. This will help us in meeting our current business requirements and growth objectives. Also, its responsive design enables access from multiple end devices like mobiles, tablets, laptops and desktops.”

He further added, “Sarwa Insurance is moving towards the global trend of investing in information technology, digital and electronic services as part of its technology transformation. We will achieve a competitive advantage in the market to reach all our customers across geographies, through PREMIA Astra. We appreciate the dedication of 3i Infotech team for the project execution, and we look forward to their continued support in the future.” 

About 3i Infotech

Headquartered in Mumbai, India, since inception in 1993, the company has been committed to driving business value across all industry verticals. The company has over 5500 employees in 24 offices across 12 countries and over 1200+ customers in more than 50 countries across 4 continents. With a comprehensive set of IP based software solutions and a wide range of IT services, 3i Infotech has successfully transformed business operations of customers globally. The Company has a very strong foothold and customer base in geographies like North America, India, Asia Pacific, Middle East and Africa, Kingdom of Saudi Arabia and South Asia. The Company’s products and services address the dynamic requirements of BFSI, Government, Manufacturing, Retail, Distribution, Telecom and Healthcare. include Amlock®, Kastle®, MFund®, Orion® and Premia®. A robust capability in the services domain is evident through consulting services, business optimization services and an extensive expertise in mobility, data analytics, big data, testing and application development services, all of which come under the umbrella brand – Altiray®.

Website: https://www.3i-infotech.com/

About Sarwa Insurance

Sarwa Capital is a leading provider of finance solutions, including auto credit, insurance and consumer finance, and is the largest player in Egypt’s nascent debt capital markets, helping structure, arrange and underwriting debt transactions for companies that need to access debt capital markets to fund growth, manage risk, improve financial standing and raise liquidity.

Website: http://sarwa.capital/