THI Insurance Selects Agilis Core General Insurance Software
INDUSTRY| Oct. 1, 2013, 7:57 a.m.
Agile Financial Technologies, a leading software provider for insurance, banking and financial services sectors, announced that it has won the contract to deploy Agilis Core General Insurance software for THI Insurance, Zimbabwe’s most trusted and recognized insurer with a history of 75 years of experience in providing tobacco hail and windstorm cover to both large and small scale tobacco growers.
THI Insurance is a subsidiary of Tetrad Holdings Limited, whose other operations include Banking, Asset Management, Microfinance, Mining and Property management. THI Insurance is now expanding it’s product offering to include property and casualty , marine, engineering, aviation, accident, credit, travel, liability, crop, livestock and motor insurance. With this expansion plan in mind, THI Insurance sought to identify a reliable software product and provider to partner with them in the automation of their business functions and zeroed in on Agile FT’s Agilis General Insurance Software as it’s technology platform of choice, after an extensive evaluation of various software solutions.
“Over the last 75 years, THI Insurance has been a trusted insurance provider to the tobacco and agricultural sector and we are now expanding our horizon to cover other niche insurance products in Zimbabwe and the region. Taking into account our growth plans, we wanted to ensure that we had a dependable general insurance system to automate our existing operations and allow us to offer our customers short term insurance solutions more efficiently. After reviewing solutions from various vendors, we chose Agilis Core General Insurance as it is not only feature-rich but also offers us scalability as well,” says Hamish MacLean, Managing Director, THI Insurance.
“As part of this deployment, we will also be implementing Agilis Portals to extend a web based presence covering our agents, brokers and customers. We are confident that Agilis Core General Insurance will help us streamline our operations, enhance our business processes and help our growth and expansion plans,” adds Amon Rupiya, Head Of Operations – (General Insurance).
Agilis Core General Insurance is an integrated comprehensive solution for insurance companies covering the entire business cycle from underwriting and claim management to reinsurance and accounting. With a set of powerful tools, this solution is aimed at enhancing insurance business processes and other aspects of an Insurance company that directly leads to higher profitability. Featuring multi-language and multi-currency support as well as consolidated financial information on multi-currency transactions, Agilis’ well-defined workflow covers all the steps of the insurance business from a single view of the customer profile to effective management with pre-configured reports, including MIS, as well as web-portals.
Agilis is entirely web-based and ensures quick, accurate and easy access to information by employing a modular and parametric approach to the management of insurance business and deploying it enterprise wide. In addition to the core operational efficiencies that Agilis brings in, THI Insurance will also be able to leverage Agile FT’s mobility solutions and web portals to automate agents and brokers.
“We are proud to participate in this new phase of technology transformation at THI Insurance, one of the more established and respected insurance institutions in Zimbabwe. We expect a rapid implementation process which will be conducted in conjunction with our local suppport partner, Finsys, who have a strong delivery and support team built around our products,” says Kalpesh Desai, CEO at Agile FT.
“FinSys Zimbabwe is a leading systems integrator of enterprise business software solutions focused on the insurance and financial services sector and a leading value added reseller of Agile FT’s products. We have THI Insurance’s business imperatives and together with Agile FT will deploy Agilis Core General Insurance using our certified implementers for a rapid and seamless implementation,” adds Munya Mateko, MD of Finsys.
MORE INDUSTRY NEWS
Gilat Telecom Uganda provides internet services for 60 business customersGilat Satcom has established an ISP in Uganda which is already providing fast, reliable and highly secure broadband services to more than 60 business clients, mainly around Kampala and Entebbe. Read More
New solution to beat identity theftIdeco is launching its new all-in-one mobile biometrics unit in South Africa. The Biometric Identity Management System (BIMS) enables biometric identification across a range of modalities, from fingerprint through to iris scanning. Read More
Cellphones to improve healthcare access and quality in AfricaMaking use of VMware technologies, Medic Mobile has developed a software kit to be used in almost any kind of environment, support any language, and work with or without Internet connectivity, locally or in the cloud Read More
Safaricom uses Nokia CEM on DemandSafaricom, the largest integrated telecommunication service provider in East Africa, is improving services for more than 25 million subscribers in Kenya, thanks to Nokia's Customer Experience Management on Demand. Read More
Standard Bank digital innovation delivers single biometric and cross border banking accessibilityAfrica’s largest bank by assets, Standard Bank, has seen its mobile traffic growing 100% a year as customers embrace more convenient and efficient solutions for their banking needs. Read More
Telco Systems Rolls Out New 10GE High Capacity Carrier Ethernet Network for KENET in KenyaTelco Systems, the leading provider of innovative CE 2.0, MPLS, IP and SDN & NFV solutions, has announced that the company has successfully deployed a new 10GE high capacity carrier Ethernet network for the Kenya Education Network (KENET) in Kenya. Read More
GeoPoll, Kantar Media, Cuende announce first Pan-African Out of Home measurement productGlobal leaders in audience research use satellite imagery and mobile survey data to measure OOH reach in Africa. Read More
BICS blocks over 10m fraudulent call attempts with FraudGuard in 2016BICS, a global wholesale carrier for voice, mobile data and capacity services says its crowdsourcing fraud prevention platform, FraudGuard, detected and blocked more than 10 million fraudulent call attempts on its customers’ networks during the first quarter of 2016. Read More
Samsung elevates Mobile Phone picture quality with new image sensorSamsung Electronics South Africa, a world leader in advanced semiconductor technology, announced its newest 12 megapixel (Mp) image sensor for smartphones, which will elevate the quality of mobile phone pictures. Read More
R&M and FNT Collaborate to Launch Comprehensive Solution for Data Centre Cable Management in MEAReichle & De-Massari (R&M) and FNT Software have unveiled their joint solution for data centre cable management. Read More
FEATURED STORYFirst-ever Africa Barclays Accelerator programme concludes
Ten fintech companies have concluded the first-ever Barclays Accelerator, powered by Techstars in Africa.
BEST READ NEWS
IN DEPTHEthical Hacking students can’t get a heck of a job
Botswana ethical hacking students report that they are failing to break into the local job market.