3i Infotech Showcases Insurance Industry Expertise and Solutions.Exhibiting at IASA IASA IETF Administrative Support Activity IASA International Association of Software Architects IASA International Association of Sound and Audiovisual Archives (also seen as IASAA) IASA International Aviation Safety Assessment for fourth successive year EDISON, N.J. -- 3i Infotech, global provider of IT solutions and services, plans to showcase its PREMIA[TM] software products at the prestigious IASA 2007 to be held in Minneapolis, MN. Exhibiting for the fourth successive year at IASA, the insurance industry's premier event of the year, 3i Infotech continues to make significant investments and technology contributions to the insurance market. With a long-term focus on the insurance market, 3i Infotech has honed PREMIA[TM], while providing a high level of attention and dedicated relationship management for its clients across the globe. Consolidation continues to be a driving force throughout the industry, and 3i Infotech is ideally positioned to converge developing technologies for the benefit of the entire market. "We at 3i Infotech are committed to developing the insurance market through quality, trusted software solutions," said Vivek Sethia, Vice President - Insurance, 3i Infotech Inc. "We see tremendous potential and keep working for our clients to exceed their technology expectations and reiterate re·it·er·ate tr.v. re·it·er·at·ed, re·it·er·at·ing, re·it·er·ates To say or do again or repeatedly. See Synonyms at repeat. re·it our understanding of the unique needs of this space," Sethia added. PREMIA[TM] manages all aspects of policy administration and underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. , rating, policy billing, claims, reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. and general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. accounting, in a single integrated system. PREMIA[TM] Collaborator is a point of sale solution that allows insurance companies to provide secure, tailored, multi-channel interactions between their agents, customers and employees. 3i Infotech will conduct a showcase presentation at its booth, #111, on June 4, 2007 from 9:15 to 10:25 a.m. About 3i Infotech 3i Infotech (www.3i-infotech.com) provides information technology solutions through its range of solutions for insurance, banking, finance, e-governance, retail & distribution and manufacturing. It is one of India's top 4 software product companies. The company is SEI CMMI See CMM. Level 5-compliant for its Software Services and the company is ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 certified for its Infrastructure and Business Process Outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in Services. Using its domain knowledge and through continuous investment in technologies, 3i Infotech Limited helps corporations in their businesses through its expertise in enterprise-class software solutions, software services, information security consulting, system integration services, IT infrastructure and disaster recovery solutions. 3i Infotech serves customers in 50 countries and has a presence across 5 continents. Source: Dataquest Special Issue (July 15, 2006) |
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