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TMNF upgrades to PREMIA 11 in a bid to bolster their business

Tokio Marine & Nichido Fire Insurance Co. Ltd.’s (TMNF) Dubai branch has upgraded to 3i Infotech’s PREMIA 11 to bolster their steadily accelerating business. The upgrade was a result of the need of a comprehensive end to end system providing integrated solution , improve operational efficiency with higher quality, faster time to market, reusability and data storage.

The company, previously using PREMIA 9, didn’t have a proper Document Management System, Business Intelligence technology, fixed assets & budget modules and integrated workflow systems.

“We have developed a marine policy admin which has made TMNF Dubai branch’s complex business into seamless operational model. It has also been integrated with the third-party application for the issuance of certificate. However, the control, validation and tariff logics are derived from the core PREMIA®  system which has benefited them, from the control and audit perspective,” added Mr. Rakesh Doshi, EVP & Business Head, Financial Services & Insurance,  3i Infotech Ltd.

Mr. Hiroki Sasai, General Manager, TMNF Dubai branch commented, “The web-based PREMIA®  11 directly supports several of the corporate goals and objectives established by the Company’s IT Department and Management. With its real-time and accurate reporting of all client enquiries and administrative metrics, it has helped our business in creating and maintaining an efficient workflow. We have an intricate business structure, but 3i Infotech was able to grasp the business very quickly due to their experience in the insurance industry.”

PREMIA® 11 provides an end-to-end solution along with the add-on features like user authorization, tariff level setup for premium logic for marine & other LOBs, risk/fleet upload, copy policy, DMS, validation, customized reporting format, online posting of accounting which benefits customer with quick turnaround time.

Headquartered in Mumbai, India, since inception in 1993, 3i Infotech has over 5000 employees in 24 offices across 12 countries and over 1200+ customers in more than 50 countries across 4 continents. The Company has a very strong base in geographies like North America, India, Asia Pacific, Middle East and Africa, Kingdom of Saudi Arabia and South Asia with products and services addressing the dynamic requirements of BFSI, Government, Manufacturing, Retail, Distribution, Telecom and Healthcare.

Tokio Marine & Nichido Fire Insurance Co., Ltd., is one of Japan’s oldest and largest non-life Insurance companies, established in 1879. Operating in the UAE market since 1976, TMNF Dubai branch caters to the insurance needs of a wide range of Japanese and Non-Japanese clientele.

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