(MENAFN- The Peninsula)
Doha: Salem Al Mannai, the Chairman and Managing Director of Anoud Technologies (Anoud Tech), a subsidiary of QIC Group and a leading international insurance software solutions provider, announced that the company had been selected by a leading European insurer and by a major insurance group in the Caribbean region, for their IT transformation initiatives.
As part of these multimillion dollar contracts, Anoud Tech will digitally transform the clients by implementing its integrated insurance solution, Anoud+. As a result of these pathbreaking wins, Anoud Tech becomes the first Qatari company to export internally developed IT solutions to insurance companies in Europe and the Caribbean.
Established in close collaboration with Swiss Re, Anoud Tech is helping insurance companies succeed in a rapidly evolving environment. Anoud+ is an end-to-end, integrated solution that provides insurers an efficient, comprehensive way to manage all aspects of their insurance programs. Through Anoud+, insurers have immediate access to modules covering client relationship management, underwriting, technical accounting, finance, policy and claims management, workflow and document management, business intelligence and reporting, data analytics and reinsurance administration. Swiss Re's market leading insurance solutions, Portfolio Insights and CATNet, are fully integrated into Anoud+ and help insurers manage underwriting strategy and monitor catastrophe exposures. Anoud+ uses advanced, internet-based technology, and offers access to cutting-edge reinsurance tools and risk modelling capabilities.
Salem Al Mannai, Anoud Tech Chairman and Managing Director, noted:“We are delighted to partner with highly ambitious, customer-oriented insurers in Europe and the Caribbean on their digital transformation journeys. We look forward to collaborating with the Clients, and helping each of them rapidly achieve business objectives, enhance customer experience, and attain significant competitive advantage.”
“Anoud Tech's selection by leading insurers in Europe and the Caribbean is testament to its exceptional capabilities in developing cutting-edge insurance IT offerings. Anoud+ is a future-ready solution that addresses the major challenges that insurers are facing in today's fast-changing marketplace. Anoud+ will enable the clients to accelerate revenue generation by achieving integration with distribution partners and seamlessly launching new products. Moreover, it will transform the clients' business processes to significantly enhance operational efficiency.” Al Manni added.
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