A leading Takaful insurance company headquartered in Kuwait, selected Azentio’s Core Insurance platform for general, health and group life insurance business as part of a 10-year subscription deal, along with other digital applications including CRM, B2B Portal, IFRS 17 Accelerator to drive digital transformation across all business areas.

The client is one of Kuwait’s new generation Takaful providers operating across many distribution channels to offer its products and services to the widest audience in Kuwait. The company’s business currently runs on Azentio’s Core Insurance platform. The cloud-based platform is powered by the latest digital technologies and caters to all aspects of the insurance business.

After evaluating various solutions, the client chose Azentio’s Core Insurance to manage the policy lifecycle across a wide variety of products, helping it achieve market leadership. The digital application from Azentio will help the client unlock new growth opportunities and market share, rapidly develop and deploy products, provide service access to channel partners and their customers, and effectively manage operations and regulatory compliance.

Azentio solves complex tech challenges and increases clients’ productivity, profitability, and business value with top-notch software.