Best technology partner for digital transformation
01.03.2023
Azentio Software, a Singapore-headquartered technology firm owned by funds advised by Apax Partners, was announced proud winner at the 8th edition of InsureTek Golden Shield Excellence Awards. The award ceremony was held as part of the annual InsureTek Middle East International Conference 2023, which took place on 22 & 23 February at Address Marina, Dubai in UAE. This prestigious accolade recognizes the company’s flagship insurance platform – Azentio Insurance as a state-of-the-art technological breakthrough bringing modularity and powerful innovation to life.
Sr. Vice President Insurance – MENA and other team members, took the stage to receive the ‘Best Technology Partner for Digital Transformation’ trophy for exhibiting outstanding performance in the industry over the past year. This is the second year in a row for Azentio to claim InsureTek’s distinguished award after receiving ‘The Core Transformation Leader of The Year’ award in 2022. Azentio Insurance platform helps insurance companies conform to regulatory requirements, provide the best customer experience, while enabling scalability and speed to market.
Krish Narayanaswami, Managing Director – Banking, Financial Services, and Insurance at Azentio, commented, “We are honoured to win this prestigious award for the second time in a row. This recognition is an endorsement of Azentio Insurance product being valued by our clients, as it caters to the insurance market needs of digital transformation.”
Azentio’s next-gen insurance platform provides end to end automation across new business, underwriting, policy serving, claims processing and reinsurance; It helps expedite new insurance product launches via business driven configuration and user centric design; as a result system dramatically improves customer experience.
Over 250+ leading insurers across the globe have adopted Azentio’s insurance suite to upgrade their businesses. Azentio has built an end-to-end, innovative platform catering to all insurance verticals across General Insurance, Health Insurance, Life Insurance & Pensions.
According to InsureTek panel of judges, “This award particularly recognizes the commitment and professionalism of Azentio’s operational staff in delivering value for their clients, and investing in innovative technology in wha continues to be a constantly challenging environment.”
Azentio Insurance is a scalable and robust cloud-based platform, deployed with seamless API integration with external systems and powerful configuration capabilities to meet the specific business needs of both insurers and customers.
The Middle East’s largest insurance event, InsureTek is an annual gathering of brokers, insurers, technology service providers, and insurance entrepreneurs, offering an unmatched platform to network with like-minded professionals and engage in meaningful discussions on the latest industry trends. InsureTek Golden Shield Excellence Awards 2023 recognize and celebrate innovation and thought leadership. It honors as well pioneering individuals and organizations that have exhibited outstanding performance in the industry.
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