SAICO Goes Live with Azentio’s Group Life Core Insurance Solution in Just Four Months

Singapore, June 28, 2022 – Azentio Software is proud to announce that Saudi Arabian Cooperative Insurance Company (SAICO) has gone live with Azentio’s Insurance Suite’s Group Life Core Insurance solution in just four months. SAICO is one of the first insurance companies in the Kingdom of Saudi Arabia with a legacy that dates back to 1952. Over the years, the firm has earned the trust of leading global companies, government institutions, and SMEs, as well as families and individuals in the Kingdom.

Azentio’s recently implemented Group Life Core solution will help SAICO provide higher quality insurance services to facilitate claims, quotations, and service inquiries for customers and partners. SAICO has chosen Azentio’s cutting-edge digital Insurance solution to keep pace with modernization, drive digital transformation, and strengthen its role in achieving successful goal alignment with the Kingdom’s Vision 2030.

The last phase of this project targets completion by end of July. This deployment will further enhance SAICO’s operational efficiency by covering functionalities like Distribution Management System (DMS) integration, policy renewal and email automation.

Brajbhusan Kumar , Global Head of Delivery – Insurance at Azentio, stated: “The swift go-live in just four months marks the successful implementation of the first phase of the project. There is plenty more to come as we partner with SAICO in their digital transformation and modernisation journey. The success of this operation speaks volumes of the great teamwork and coordination between the two parties. We are extremely pleased to work with a visionary leader like SAICO’s CIO Mr. Al Shobani.”

“We are proud and honoured to partner with SAICO, a pre-eminent firm in KSA. Our journey to help SAICO realise their full digitalisation potential has only just begun. We are confident there will be many more such successes in the days to come,” said Vipul Sud, Head – Insurance at Azentio.

Azentio’s project directors dedicated their attention to backing the project with key functional and technical leads attending to SAICO’s requests, expediting the resolution of challenges, and bringing in operational efficiency to the project management process to ensure faster turnaround times, increased productivity and reduced costs for SAICO. This fast-track implementation will enable SAICO to service its customers with a wide variety of products that are customized to their individual needs.

Client Speaks
Message from SAICO’s CIO Mohammad Al Shobani

“I wish I can explain how big the aspirations and dreams of SAICO are, in these few words – in most of the meetings, my colleagues mention “Astra solution will solve this for us!”- you are our hope to make this great leap into modernization.

I know how much hard work and dedication it takes to reach where we are – I really appreciate everything you do, and I trust you will never rest till this project is successfully completed. Thank you so much.”

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