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HNBGI teams up with Azentio Software to launch Project Phoenix

By Gloria Methri

January 16, 2024

  • Azentio
  • Azentio ONEInsurance
  • Azentio Software

Azentio, Azentio Software, HNB General Insurance, HNBGI, Azentio ONEInsurance, FinTech, IndiaHNB General Insurance or HNBGI has teamed up with Azentio Software to launch Project Phoenix, a transformative initiative for the implementation of a Core Insurance System. This project marks a milestone in HNBGI’s digital transformation journey, promising unparalleled value to its stakeholders.

“This initiative aligns perfectly with our mission to create sustainable value through innovation,” said Sithumina Jayasundara, CEO of HNBGI. “The upgrade and customization brought about by Project Phoenix will propel us to new heights, elevating our competitiveness, operational efficiency, accuracy and agility in a rapidly evolving market. This, in turn, translates to better service delivery for our customers.”

Azentio Software, a banking, financial services & insurance (BFSI) software company headquartered in Singapore, is HNBGI’s trusted partner in this transformative journey. With over 25 years of expertise, Azentio serves 1,000+ clients across 65 countries, including 130+ insurance clients in Asia Pacific, the Middle East, and Africa.

Azentio ONEInsurance platform enables the launch of unique and bold new insurance products quickly, sells aggressively, and engages digitally by transforming into a customer-obsessed organization while remaining efficient, compliant, and secure.

Jatinder Bedi, Vice President – BFSI at Azentio Software, said, “We are honoured to collaborate with HNBGI on Project Phoenix. Our expertise lies in providing cutting-edge insurance solutions that meet the highest global standards, and we are committed to supporting HNBGI throughout this transformative journey.”

Project Phoenix transcends mere technological advancement; it signifies a strategic commitment to excellence in the face of rapid industry change. As HNBGI embraces its digital future, it remains “steadfast in its dedication to delivering top-tier services and maintaining its position as a trusted insurance provider.”

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