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SINGAPORE, February 16, 2022 – Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that it has won the InsureTek Core Transformation Leader of the Year Award 2022. The award was presented during the InsureTek Middle East 2022 International Conference and Golden Shield Excellence Awards ceremony, at the Address Dubai Marina, UAE, on February 9 &10.
InsureTek’s Awards recognise leading companies from within the sector that are helping the insurance industry evolve. The InsureTek Core Transformation Leader of the Year category is created to recognise technology innovations, digital solutions, rich product functionality, customer value, lines of business supported, implementation methodology, pricing, and support services. Across all these facets, Azentio Software has been especially deserving.
“We are very pleased to see Azentio Software win the InsureTek Core Transformation Leader of the Year award. This incredible industry validation reaffirms the trust our clients have in our software and is therefore a powerful driver to keep on investing in our Insurance platform. Further, this recognition reflects our client-centric approach and commitment to bring the best of emerging technologies which enable our clients to be future-ready,” said Vipul Sud, Head – Insurance at Azentio Software.
Azentio’s Insurance Suite is a fully developed, highly configurable, and multi-line administration suite, with configurable ratings and business rules engines that can help meet the industry’s most stringent requirements. It enhances the speed for standard transactions by fast-tracking them with automation and straight-through processing. More than 250 leading insurers across the globe have adopted Azentio Insurance Suite to transform their businesses using innovative technology for improved operating models, better premium growth, customer retention and profits.
About Azentio Software
Azentio Software provides mission critical, vertical-specific software products for clients in banking, financial services and insurance verticals including key products such as Kastle™ (universal banking platform), iMAL™ (Islamic core banking platform), Amlock™ (compliance software suite), Premia™ Astra (core insurance software), Orion™ (enterprise resource planning software) and MFund Plus™ (asset and wealth management platform). Azentio has over 800 clients in more than 60 countries with a team of over 2,400 employees across offices in 9 countries globally. Azentio Software Private Limited is wholly owned by funds advised by Apax Partners.
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Azentio Software (“Azentio“), a Singapore-based software products company owned by funds advised by Apax, is delighted to announce the appointment of Sanjay Singh as its new Chief Executive Officer. This strategic move marks
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, and Nityo Infotech, a global IT services company, today announced a formal partnership aimed at providing innovative and comprehensive technology solutions to the Banking, Financial Services & Insurance (BFSI) industry.
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that it been recognized as a Notable Vendor in the Digital Banking Engagement Platforms (DBEPs) Landscape Report, Q1 2023, published by leading research and advisory firm Forrester. The report aims at helping digital leaders in banking, understand the value they can expect from a DBEP vendor, learn how vendors differ, and select one based on size and market focus.
We are excited to announce that SICOM GIN, has successfully gone live with the Azentio Health Insurance platform along with the mobile application to digitalize its health insurance business.
We are excited to announce that the NIC General Insurance Co. owned by the Government of Mauritius has gone live with Azentio Insurance suite to manage its general insurance business along with the agent portal.
We are excited to announce that Shinhan Life Insurance Vietnam (SHLV), a life insurance subsidiary of Shinhan Financial Group, Korea has gone live with its website and Azentio’s end-to-end bilingual digital solution in just three months.
Azentio Software is pleased to announce that its Middle East Banking Division has been appraised at Level 5, the highest maturity level of the CMMI Institute’s Capability Maturity Model Integration (CMMI)® for New Product Release and Implementation.
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 award was presented during the InsureTek Middle East 2022 International Conference and Golden Shield Excellence Awards ceremony, at the Address Dubai Marina, UAE, on February 9 &10.
Sanlam Vie Plc, Rwanda has gone live with Azentio Insurance’s enterprise document management system in a years’ time. The Data Scan Online Solution has helped the client digitalize their operations using an in-built workflow process across all lines of business including claims, underwriting, accounts, commercial, agent licensing, legal and human resources.
Azentio Software is proud to announce the successful implementation of Insurance Authority’s data submission requirement for 10 insurers in UAE. The regulation seeks a trusted digital environment throughout the UAE with additional upgrades and improvements on the cards to facilitate this vision.
Path Solutions, a leading Islamic technology provider, recently acquired by Azentio Software, was ranked highly and named a winner in three categories among top firms worldwide at the recently held Faster Community’s Fintech Prize 2021 on December 1st via a virtual ceremony.
The client is an existing user of Azentio’s globally acclaimed Insurance Solutions Suite and chose Azentio Insurance’s B2B Portal for agents to meet their current set of challenges.
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds managed by Apax Partners, announced today that National Bonds, the UAE’s leading Shariah-compliant savings and investment company owned by the Investment Corporation of Dubai, has selected Azentio’s market leading Islamic Banking solution, iMAL, to support its quest to improve process efficiency, enhance internal controls and deliver an exceptional customer experience as part of National Bonds ambitious growth strategy.
A leading Life Insurer in Thailand has gone live with Azentio Insurance’s document management system in September 2021. The client is an existing user of Azentio Insurance’s group life core solution – a dynamic, bilingual advanced application with innovative process automation features and a proven track record of benefitting life insurers globally.
A leading insurer in Thailand has gone live with Azentio™ Insurance’s digital policy servicing and digital claims transactions solutions helping bring basic automation and ensuring their team can perform their daily operations from home during the pandemic.
Shinhan Life Insurance, Vietnam (SHLV), a life insurance subsidiary of Shinhan Financial Group, Korea chooses Premia’s™ end-to-end bilingual web portal solution. The digital front-end is an interactive insurance solution helping insurance companies increase cost savings and sales capabilities.
A leading insurer in Philippines, has selected Premia™ Astra, an end-to-end integrated solution built on contemporary technology. Implementing the solution will help the insurer deliver better quality products and services and engage strongly with their customers.
A leading Japanese non-life Insurance service provider has chosen Premia’s™ eCargo web portal, claims mobile application, and motor mobile application, part of Premia’s™ digital solutions to strengthen its operations in Egypt.
Azentio is pleased to announce the signing of a binding agreement to acquire certain software assets from Path Solutions (including the flagship products iMAL™, iShraq™, Path Digital and Path Analytics), a leading provider of core banking software.
Romil Turakhia, Head of Markets at Azentio in conversation with the team from Co Mantis, our partner in Europe.
Apax Partners–backed Azentio flags Asia, MEA as key markets for organic growth, bolt-on
Azentio Software is pleased to announce that it has signed a binding agreement to acquire Beyontec, a leading insurance technology company.
Azentio Software is pleased to announce that it has acquired Candela Labs, a technology firm specialising in automation and digital solutions for insurance firms.
Azentio Software (“Azentio” or the “Company”), a Singapore-headquartered software products business owned by Funds advised by Apax, is pleased to announce that it has appointed Tony Kinnear to the role of Chief Executive Officer (CEO), effective immediately.
3i Infotech Limited, a global information technology company, today announced that it has entered into a definitive agreement to sell its Software Products business to funds advised by Apax Partners, for a total consideration of INR 10 billion.
Azentio Software (“Azentio“), a Singapore-based software products company owned by funds advised by Apax, is delighted to announce the appointment of Sanjay Singh as its new Chief Executive Officer. This strategic move marks
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, and Nityo Infotech, a global IT services company, today announced a formal partnership aimed at providing innovative and comprehensive technology solutions to the Banking, Financial Services & Insurance (BFSI) industry.
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that it been recognized as a Notable Vendor in the Digital Banking Engagement Platforms (DBEPs) Landscape Report, Q1 2023, published by leading research and advisory firm Forrester. The report aims at helping digital leaders in banking, understand the value they can expect from a DBEP vendor, learn how vendors differ, and select one based on size and market focus.
We are excited to announce that SICOM GIN, has successfully gone live with the Azentio Health Insurance platform along with the mobile application to digitalize its health insurance business.
We are excited to announce that the NIC General Insurance Co. owned by the Government of Mauritius has gone live with Azentio Insurance suite to manage its general insurance business along with the agent portal.
We are excited to announce that Shinhan Life Insurance Vietnam (SHLV), a life insurance subsidiary of Shinhan Financial Group, Korea has gone live with its website and Azentio’s end-to-end bilingual digital solution in just three months.
Azentio Software is pleased to announce that its Middle East Banking Division has been appraised at Level 5, the highest maturity level of the CMMI Institute’s Capability Maturity Model Integration (CMMI)® for New Product Release and Implementation.
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 award was presented during the InsureTek Middle East 2022 International Conference and Golden Shield Excellence Awards ceremony, at the Address Dubai Marina, UAE, on February 9 &10.
Sanlam Vie Plc, Rwanda has gone live with Azentio Insurance’s enterprise document management system in a years’ time. The Data Scan Online Solution has helped the client digitalize their operations using an in-built workflow process across all lines of business including claims, underwriting, accounts, commercial, agent licensing, legal and human resources.
Azentio Software is proud to announce the successful implementation of Insurance Authority’s data submission requirement for 10 insurers in UAE. The regulation seeks a trusted digital environment throughout the UAE with additional upgrades and improvements on the cards to facilitate this vision.
Path Solutions, a leading Islamic technology provider, recently acquired by Azentio Software, was ranked highly and named a winner in three categories among top firms worldwide at the recently held Faster Community’s Fintech Prize 2021 on December 1st via a virtual ceremony.
The client is an existing user of Azentio’s globally acclaimed Insurance Solutions Suite and chose Azentio Insurance’s B2B Portal for agents to meet their current set of challenges.
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds managed by Apax Partners, announced today that National Bonds, the UAE’s leading Shariah-compliant savings and investment company owned by the Investment Corporation of Dubai, has selected Azentio’s market leading Islamic Banking solution, iMAL, to support its quest to improve process efficiency, enhance internal controls and deliver an exceptional customer experience as part of National Bonds ambitious growth strategy.
A leading Life Insurer in Thailand has gone live with Azentio Insurance’s document management system in September 2021. The client is an existing user of Azentio Insurance’s group life core solution – a dynamic, bilingual advanced application with innovative process automation features and a proven track record of benefitting life insurers globally.
A leading insurer in Thailand has gone live with Azentio™ Insurance’s digital policy servicing and digital claims transactions solutions helping bring basic automation and ensuring their team can perform their daily operations from home during the pandemic.
Shinhan Life Insurance, Vietnam (SHLV), a life insurance subsidiary of Shinhan Financial Group, Korea chooses Premia’s™ end-to-end bilingual web portal solution. The digital front-end is an interactive insurance solution helping insurance companies increase cost savings and sales capabilities.
A leading insurer in Philippines, has selected Premia™ Astra, an end-to-end integrated solution built on contemporary technology. Implementing the solution will help the insurer deliver better quality products and services and engage strongly with their customers.
A leading Japanese non-life Insurance service provider has chosen Premia’s™ eCargo web portal, claims mobile application, and motor mobile application, part of Premia’s™ digital solutions to strengthen its operations in Egypt.
Azentio is pleased to announce the signing of a binding agreement to acquire certain software assets from Path Solutions (including the flagship products iMAL™, iShraq™, Path Digital and Path Analytics), a leading provider of core banking software.
Romil Turakhia, Head of Markets at Azentio in conversation with the team from Co Mantis, our partner in Europe.
Apax Partners–backed Azentio flags Asia, MEA as key markets for organic growth, bolt-on
Azentio Software is pleased to announce that it has signed a binding agreement to acquire Beyontec, a leading insurance technology company.
Azentio Software is pleased to announce that it has acquired Candela Labs, a technology firm specialising in automation and digital solutions for insurance firms.
Azentio Software (“Azentio” or the “Company”), a Singapore-headquartered software products business owned by Funds advised by Apax, is pleased to announce that it has appointed Tony Kinnear to the role of Chief Executive Officer (CEO), effective immediately.
3i Infotech Limited, a global information technology company, today announced that it has entered into a definitive agreement to sell its Software Products business to funds advised by Apax Partners, for a total consideration of INR 10 billion.
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