Al Fujairah National Insurance Company insures its future with Premia!

ICICI Infotech (MEA), a leading developer of enterprise business solutions, announced today that Al Fujairah National Insurance Company, a major company serving the UAE insurance market through its 5 well-established branches since 1976, has chosen Premia solution, to support the company to take the risk out of the insurance process and enhance their level of service to customers in the Middle East. Premia, is a fully Internet-enabled enterprise information solution for the insurance sector, which is easy to implement, providing Al Fujairah National Insurance with powerful entry and retrieval capabilities of information, a critical determining factor when it comes to attaining high levels of service. The Premia implementation will commence in May where deployment will be carried out simultaneously across Al Fujairah National Insurance's operations in Fujairah, Abu Dhabi, Dubai, Sharjah and Dibba-Al Fujairah.

"We chose the Premia solution as we felt that it boasted advanced capabilities, enabling us to succeed in our aim to service the insurance needs of our customers with risk-free efficiency," said Dr. Salem Abdo Khalil, Advisor - Department of Industry & Economy - Government of Fujairah and Director - Al Fujairah National Insurance Company. "By implementing Premia across our operations in the region, and integrating our business processes on one Internet-enabled platform, our employees will have timely access to critical information, increased ability to handle more volumes of business at high speeds, hence providing customers with a higher level of service."

Premia, based on the Oracle 9i platform, is an advanced, scalable, easy to operate and implement enterprise insurance management solution that enables enhanced decision making by cutting through the complexities of insurance process requirements on a day-to-day basis. It simplifies the whole management process by providing effective seamless integration across all major areas of insurance activity including underwriting, claims, re-insurance and accounts, supported by extensive reporting and analysis features.

"Premia is a strategic investment for Fujairah National Insurance in the sense that the application will enhance their ability to better service their customers and pro-actively manage their operations," commented Kalpesh Desai, Vice President, Enterprise Solutions, ICICI Infotech MEA. "We look forward to playing a key role, in providing Fujairah National Insurance with a state-of-the-art solution that will enable them to meet their business objectives, providing them with a critical advantage over their competitors whilst experiencing huge cost savings."

The Premia solution has a large and growing customer base in the region, and is looked upon as the standard for insurance companies in the Middle East with plans to expand into international markets.