INSURANCE
Azentio Software is proud to announce the successful implementation of Insurance Authority’s data submission requirement for 10 insurers in UAE. The regulation seeks a trusted digital environment throughout the UAE with additional upgrades and improvements on the cards to facilitate this vision.
As per the Insurance Authority, all companies in the UAE must post all transaction level data to their Digital System using JSON. With a requirement to comply to this regulation by 15th of November 2021, there was a need to provide a fast, reliable and scalable solution.
Shinhan Life Insurance, Vietnam (SHLV), a life insurance subsidiary of Shinhan Financial Group, Korea chooses Premia’s™ end-to-end bilingual web portal solution. Shinhan will start their Banca and Agency channel with the help of Premia’s™ portal and the solution will help Shinhan streamline their business processes.
THE PULSE - VOL 01 - Q1 2022
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Azentio Software helps 10 insurers in UAE comply with Insurance Authority (IA) regulations in less than two months
Shinhan Life Insurance, Vietnam Chooses Premia’s™ Portal for Channels
Premia’s™ portal solution will help digitalize their compliance process, ticket management and financial reporting. The solution includes an online payment gateway, comprehensive administration and CRM function which seamlessly integrates with the Premia™ suite, bringing together the insurer, channel partners, customers, employees, and other external entities.