3i Infotech awarded the 'Best Takaful Technology Company' at The International Takaful Awards 2009

3i Infotech won the award for the second year in a row for being the leading technology provider to Takaful companies across Middle East and Africa. The award was presented by Lord Mohammed Sheikh, Chairman and Executive of Camberford Law. 3i Infotech and 16 other winners were chosen by a panel of judges comprising journalists, lawyers and Takaful practitioners from top corporations.

The 3rd International Takaful Summit 2009 was addressed by a host of international speakers from across the world discussing some of the most important issues facing the relatively new yet fast growing Takaful Industry.

The 3rd International Takaful Summit 2009 Awards Dinner honored companies and practitioners who have contributed to the success of the growing Takaful market. Besides, there was an "Exhibition" where companies providing solutions for Takaful industry showcased their products and services.

Commenting on the award, Mr Pankaj Chawla, CEO and President, 3i Infotech, MEARC, said,

"Our sterling performance in the Takaful sector has been once again recognized at an international level. 3i Infotech is the leader in Takaful sector with 24 leading Takaful companies operating on 3i Infotech platform. The Best Takaful Technology Company award is a manifestation of our technological innovations, vision, market leadership and deep domain knowledge in the Takaful arena."

The award is also testament to the strength, consistency, adaptability and reliability of our products. In accepting this award, we renew our commitment to the highest standards of quality in delivering our products and services to our existing and prospective clients."

In the Takaful Insurance sector, 3i Infotech has an end-to-end Insurance Software Solutions Suite called PREMIA. The PREMIA insurance management solutions suite comprises PREMIA General Insurance, PREMIA Health, PREMIA Life, PREMIA Property & Casualty and PREMIA Collaborator. The PREMIA solution now has over 191 customers globally, and is leading the way in Takaful Insurance solutions with an impressive base of 24 PREMIA Takaful clients, acquiring 5 new clients last year alone.

The all-inclusive, cost-efficient PREMIA insurance management solutions suite is designed to proficiently perform all the functions of an insurance company such as underwriting / policy administration, claims management, reinsurance and accounting.

The PREMIA Insurance Software Solutions suite covers various business classes such as property, general liability, workers` compensation, commercial auto, business owners` policy, marine cargo, personal auto, homeowners, umbrella / package, individual / group life, health, liabilities and related areas.

3i Infotech is one of India's leading IT companies and among the top 4 Indian Software Products Companies. The Company provides software products and IT services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing (BPO) and IT Consulting) for the Insurance, Banking, Capital Markets, Mutual Funds, Wealth Management and Government verticals. The Company services customers in over 50 countries across 5 continents. The Company's quality certifications include SEI CMMi Level 5 for Software business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for Data Center Operations and ISO/IEC 20000-1:2005 for Data Center Management Services.

For almost two decades, 3i Infotech has been serving the Middle East and Africa region.
3i Infotech's list of more than 1,500 customers includes those in the GCC countries, Africa, Mauritius, the Central Asian Republics and the Mediterranean countries.