"17% of the insurance companies in the General Arab Insurance Federation (GAIF) are using the Advanced insurance management suite on Web technology (AIMSweb)" This is what Mr. Othman Bazian, the Managing Director of TechnoSys Group has announced.
He added that the new insurance companies have recently decided to apply the computerized insurance system AIMSweb, in addition, other companies decided to update the current AIMSweb system they have to the latest version, which in turn helps to raise the investment returns as a result of applying the system.
From his part, told Mr. Ibrahim qasmieh, the Executive Director of TechnoSys Group, that the company , and for the third time in a row, participates in the General Conference of the Federation of the Insurance Companies (GAIF) for the year 2010.Which will be held in the resort of the Dead Sea in Jordan, as a confirmation on the permanent presence of the company in all the activities that gather the insurance experts in the Arab world, which in turn helps to support and develop the insurance sector in the region, in addition to the exchange of experiences among the participants. From here comes the importance of TechnoSys Group participation to present the latest technologies that are related to the automation of the insurance sector and the contribution to accelerate the growth and development of the insurance industry in the Arab world.
He also added that the recent global financial crisis has caused an increase revenues and returns to TechnoSys by 25% annually. And according to his opinion, the reason for this is due to the awareness of the insurance companies during the crisis to the need for effective implementation of the system as an information system, recognizing the importance of raising investment returns offered by AIMSweb.
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