Project Showcase: t’azur b.s.c.
Client Overview:
t’azur Company b.s.c. (c) is a Bahraini closed joint stock company incorporated under the laws of the Kingdom of Bahrain. t’azur was founded with an authorized capital of $500 million.
t’azur provides family and general Takaful products for individuals and businesses. All t’azur products abide by the principles of Sharia law.
The Challenge:
t’azur sought a comprehensive, flexible, and secured automated solution to cater to its evolving requirements and give it an advantage in the market.
The Solution:
Optimiza provided t’azur with one of its own IP Solutions, AMAN, which is an insurance management system designed to meet the highest international insurance standards and requirements.
The implementation included AMAN’s core modules: motor, marine FGA, medical, group and life insurance modules. Through the implementation, Optimiza was able to fully automate all insurance operations run by t’azur, ensuring full compliance with Takaful/Sharia requirements.
Through the implementation, t’azur now:
- Has an automated solution to support all stages of its products’ lifecycle through a single end-to-end packaged solution
- Needs minimal effort and time to create new insurance products and services
- Has an increased level of security and efficiency
- Is in full compliance with Takaful/Sharia requirements
Project Starting Date:
2012
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AMAN™
An insurance management system designed to meet the highest international standards and requirements.
