The Premia general insurance system supports multi-line businesses with unified distribution across multiple channels including direct, internet and broker.
3i says that, with its configurable product, rating and workflow engines, Premia enables insurers to significantly improve their performance in today’s digital market while establishing consistent controls over all channels of distribution.
The system is installed at over 100 sites worldwide, including AIG, Tokio Marine, Prudential, Hallmark Insurance, and Oriental Insurance
Kalpesh Desai, chief operating officer (Europe, Middle East & Africa) at 3i Infotech, commented, The challenge for high growth-oriented insurers today is to optimize the new distribution channels available in the digital world while ensuring that the back-office is as efficient, agile and responsive as possible to changes in the market. Premia has been built from the ground up with the internet and on-line collaboration embedded in its architecture.