אתיו לייף ו-General
Insurance S.C, (ELiG), חברת ביטוח מרוכבת באתיופיה המספקת מוצרי ביטוח חיים ולא חיים
חדשניים במדינה גייסה את Beyontec Suite, פתרון ביטוח ליבתי של Beyontec, כדי
לשנות את הפעילות שלה לדיגיטלית.
Ethio
Life and General Insurance S.C, Ethiopia, to Drive Digital Transformation with
Beyontec Suite
DUBAI, United Arab Emirates, 30 March 2021, (BUSINESS WIRE):
Ethio Life and General Insurance S.C, (ELiG) a leading
composite insurer in Ethiopia, providing innovative life and non-life insurance
products in the country has signed up Beyontec Suite, a core insurance solution
from Beyontec, to transform its operations to digital.
Insurers in Ethiopia are rapidly adopting new technology
to drive efficiencies through increased digitisation and automation of manual
processes such as policy administration, claims, payments, and inter-company
transactions. By adopting Beyontec Suite, and the Beyontec portal solutions,
Ethio Life and General Insurance S.C company will soon be able to offer the
full range of its products online, while managing higher quality risks and
improved customer engagements.
Speaking on the occasion, Eto. Shimeles Giorgis, CEO of
Ethio Life and General Insurance S.C commented, “As the fastest growing company
in delivering innovative insurance products and services to millions of
customers in Ethiopia, we want to be agile and responsive to the customers’
needs and be in a position to offer superior services backed by a digital
framework of business processes. Beyontec’s proven products and superior
service quality will put ELiG in the right trajectory for revenue acceleration
and growth.”
Beyontec is a US-based insurance technology solutions
provider serving leading insurers in the MENA region for more than a decade.
Beyontec Suite, the shrink-wrapped, cloud-based core insurance solution meets
the current and growing needs of the insurance business. Beyontec's deep industry
experience working with international insurers brings with it the global best
practices, and adds predictability, reliability and foresight in to client
engagements.
To secure the ELiG account, Beyontec partnered with Moti
Engineering, pioneer and largest information and communication technology
solutions provider in Ethiopia, serving 100% Banks and Financial Institutions
in Ethiopia. Commenting on the partnership, Mr. Abdulhamid Mohammed, Managing
Director, Moti Engineering said, “With Beyontec’s expertise in transforming IT
in Insurance, we are confident that this partnership will accelerate the
modernization of insurers in Ethiopia and strengthen our digital portfolios.”
Mr. Vivek Sethia, CEO and Co-founder of Beyontec
Solutions had this to say about winning the ELiG business, “We are extremely
pleased to be chosen as the technology partner by Ethio Life and General
Insurance S.C. Our client-centric approach enables us to focus on the immediate
and future requirements of Ethio Life and General Insurance S.C. Beyontec Suite,
our flagship core administrative solution, is fully equipped to transform
ELiG’s business operations from legacy to digital, and our portal solutions
will help them expand the business online, and be fully compliant.”
With a new digital core, supported with online portals,
Ethio Life and General Insurance S.C can now look to improve its competitive
advantage and speed-to-market, while gaining data insights for introducing new
insurance products and services in the market.
About Beyontec Solutions
Beyontec Solutions is a global insurance solution
provider, addressing all aspects of insurance business including general
insurance, takaful, life insurance, medical insurance and insurance broking.
The Beyontec Suite is a workflow driven solution designed to provide
cost-effective solutions by focusing on customers’ requirements and business
challenges. The diverse insurance experience and knowledge has enabled Beyontec
to create solutions that incorporate the world’s best insurance practices.
Supported by experienced insurance professionals and support centres equipped
with secure infrastructure, they provide the best service and support to global
insurance companies. Learn more at www.beyontec.com.
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