Oman Insurance Company, Dubai, UAE

 Overview

Oman Insurance Company is the one of the biggest insurance companies in Dubai with nine branches spread across the Emirates, providing Life (Whole life, Term, Endowments, Annuity, Unit-linked) and Non-life (Motor, Property, Personnel, Liability, Financial, Agriculture, Business Interruption, Aviation, Marine, Transportation of goods, Constructors all risks, Railway) class insurance products.

Solution

Analysis of the Life insurance products and procedures; Gap analysis, and project activities planning; Configuration of the Life insurance products in INSIS; Configuring the Accounting module; Configuration/Development of the functionality for integration with third party systems (GL, AP, AR); Application software customization; Accounting procedures; Development of reports and printouts; System and application software installation; Data migration; Training of system administrators; Training of operators; Training of report and form developers.

Benefits

“Yes, we have succeeded, with the help of INSIS application and the magnificent efforts and support put by Fadata expertise, we have finally had a piece of mind.”

– Mr. Ayman Hegazy, IT manager, Oman Insurance Co.

He also appreciated all the efforts put by Fadata’s expertise for the successful implementation of INSIS application to automate all OIC’s Life portfolio, a solution that is so flexible, manageable, covers all our needs, and fits within the entire IT infrastructure of the company.

“We used to divert lots of time and energy to keep our software infrastructure up-to-date and covering not only our needs as a premier Insurance company, but also our customers’ special needs and the market’s ever changing demands.This is not and never was an easy thing to achieve, especially with a company that provides all types of insurance coverage and maintains a leading position in the region and very well known for its high quality services.”

-Mr. Abdul Muttalib Mustafa, GM of Oman Insurance Co.