Takaful Malaysia acquires new IT system
Sep 7th, 2007 by Takaful
Source: The Edge Daily, 6th September 2007
Syarikat Takaful Malaysia Berhad has appointed MSC-status company, 3i Infotech Sdn Bhd, to implement and upgrade its information technology system following a thorough evaluation process involving local and international IT players.
In a statement yesterday, Takaful Malaysia said the new system, 3i’s Integrated Insurance Management System or its trademark brand PREMIA, was chosen for its complete business operations.
“The implementation of the new system is one of many steps taken by Takaful Malaysia this year, to enhance the efficiency of our business operations, to better serve our customers.”
“The system has twice won the Asia Insurance Industry awards and was chosen by Takaful Malaysia partly due to its well known, proven capabilities to support demanding Takaful operations and rapid business growth,” Takaful Malaysia’s group managing director, Hassan Kamil said.
He said the system’s flexible design coupled with use of built-in sophisticated software tools would enable Takaful Malaysia to develop and launch new insurance products faster, considerably reducing time to market.
“Web-based interfaces are designed to extend benefits of mobile and internet computing to Takaful Malaysia’s customers, agents and brokers so that they can transact business remotely, on line,” he added.
Hassan said with the new system, Takaful Malaysia would be able to provide seamless integration across all functional areas with a full array of management reports to ensure close monitoring of the business activities. The project will be carried out in three phases, with target completion by June of next year.