A comprehensive solution to automate business processes and improve decision-making
Azentio Software Pvt Ltd is proud to announce that GA Insurance, one of the oldest insurance service providers in Kenya, will be implementing Azentio Insurance’s Premia™ Astra solution suite. Considering their plans to expand to other countries, GA Insurance was looking for proven and tested application with the latest technologies. Premia™ Astra met these criteria, being built on contemporary technology and with components that are easy to configure and manage.
The Premia™ Astra solution will be integrated with Omnipresent Digital Assets such as portals for B2B and B2C, Mobile Application, CRM and regulatory compliance tool IFRS 17 Accelerator and Finance module. Other applications and functionalities that will be integrated include Product Configurator, Ratings Engine, Rules Engine, Reports, Workflows, and Document Management System (DMS).
With the upgrade from Premia™ 10 to Premia™ Astra, GA insurance will now enjoy benefits such as:
- Better decision-making with easy access to business data
- Simplified and speedy launch of new products and pricings
- Automated issuance of dealer quotes
- Automated claims processing and policy administration
- Access to solution for intermediaries to serve customers better
- View intermediaries’ activities and quantum of commissions
- Capability to serve maximum customers with minimum branches
About GA Insurance Limited
GA Insurance Limited is one of the oldest insurance companies operating in Kenya underwriting all classes of general and medical insurance. The company has its parentage from General Accident UK and has been operating in East Africa for over 60 years. In 2006, the company was acquired by the promoters of I&M Bank Group in Kenya. The Bank has operations in Kenya, Tanzania, Rwanda and Mauritius.
GA Insurance Limited is the largest underwriter in Fire – Industrial business in Kenya and as per Q2 2021 results published by the insurance regulator, 3rd largest underwriter overall. The company has posted the Highest Underwriting Profits along with the Highest Profit Before Tax in the Kenyan insurance industry. GA Insurance Ltd has been accorded “A+” rating by Global Credit Rating of South Africa. Apart from Kenya, the company has regional presence in Tanzania & Uganda, and has fully owned life insurance subsidiary, GA Life Assurance Ltd.