Dubai, United Arab Emirates-Monday 10 December 2018 [ AETOS Wire ]
The 5th Annual Middle East Insurance Industry Awards (MIIA) proclaimed Emirates Insurance Company as the General Insurance Company of the Year 2018, at the recently held awards function in Dubai.
Outperforming other leading insurers to win the coveted award, Emirates Insurance has proven its market position as an industry pioneer. The company capitalized on technology changes with help from Beyontec Solutions, and harnessed the power of digital to transform its business processes.
The award recognized Emirates Insurance for its underwriting operations performance in 2017 and its B2B strategy, which were considered best in the industry, leading to high customer satisfaction. “Leveraging our digital platform has allowed our business partners to provide improved service to their customers. The corresponding improvement in productivity, quality and underwriting control creates positive outcomes across the value chain.” said Jason Light, CEO, Emirates Insurance Company.
The Beyontec Suite rating engine used by Emirates Insurance and its broker community drove the overall performance and efficiency in customer service, enabling Emirates Insurance to win the award. “The key to our success was in working closely with our partner to identify opportunities to enhance service delivery to users, and ultimately, the policyholders.” quoted Paul McLeod, Chief Operating Officer, Emirates Insurance.
In his congratulatory note, Vivek Sethia, Co-founder at Beyontec Solutions DMCC said, “We congratulate Emirates Insurance for winning this prestigious title and award at the Annual Middle East Insurance Industry Awards 2018. As a proud strategic technology partner for over 5 years, our core platform, the Beyontec Suite, was able to meet the business and process goals of Emirates Insurance and we are happy to see our platform being recognized at the awards.”
About The 5th Annual Middle East Insurance Industry Awards
The Annual Middle East Insurance Industry Awards (MIIA), is instituted by the Middle East Insurance Review (MEIR), a leading industry publication in the region. It recognises leaders on their uniqueness in the market and has proven itself to be an accepted, distinctive and much desired award platform in the industry. The award selection process was transparent, the criteria and categories were clearly defined, the judges comprised of distinguished domestically, regionally and international leaders in the industry, and the results were independently audited. For more on the Middle East Insurance Industry Awards, visit http://www.meinsurancereview.com/meirawards2018/
About Emirates Insurance Company
Emirates Insurance Company (EIC) has grown from a small, Abu Dhabi based retail insurer, to an international insurer, through profitable, stable and consistent growth, since its incorporation in 1982. Today, EIC is primarily involved in Corporate Lines throughout the UAE, and reinsurance business in Afro – Asia. Leveraging technology to provide partners access to self-service tools, and workflow automation has further fuelled growth of a loyal customer base for its Fire and General Accident, Engineering, Marine, Medical, Life and Motor products. EIC has also won industry recognition for its support of the UAE Government's Emiratisation of the UAE Insurance Industry.
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.
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