Egyptian Takaful company rolls out Eskadenia insurance solutions

Egyptian insurers deploys Eskadenia's General and Life insurance software to boost operations

Tags: EgyptEskadenia SoftwareJordanSoftware developer
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By  Mark Sutton Published  June 22, 2009

Jordanian software developer Eskadenia has signed a deal to provide its comprehensive new insurance software to the Egyptian Takaful Company.

The software suited includes General and Life insurance capabilities, plus reporting and other financial systems that will help Egyptian Takaful Company to speed up processes and reduce costs while keeping data secure.

The software will speed up the creation of quotations and the issuing of policies, as well as managing reinsurance, endorsements, claims and renewal transactions, with Life insurance for group and individual business, and General insurance covering underwriting for all classes of business.

The system is compliant with Takaful and Sharia requirements, and can also be integrated with the financial modules of Eskadenia’s Business Manager software. The solution, which is built on Microsoft .NET technology residing on Oracle DB, also allows for collaboration across the enterprise, and report generation, to help improve business decision making.

Shadi Saadeh, Sales Manager for Enterprise & Insurance Products at ESKADENIA Software said: “This marks the first project for ESKADENIA Software in the Egyptian insurance market and we are very pleased to start with Egyptian Takaful. Our software systems have been enriched with the largest set of advanced insurance functions in the local and regional Insurance practice providing Egyptian Takaful with a strong start for effective operation and customer service. We do hope that this would be just the beginning of many further projects in this new market.”

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