Accra, Ghana, March 24, 2015: ESICH Life Assurance, a leading life assurance company in Ghana, announced that it has successfully implemented AGILIS Life Insurance System from Agile Financial Technologies. The Agilis solution was selected with the view of providing customers, brokers, agents and channels exceptional service capabilities and superior experience. The deployment of Agilis at ESICH Life Assurance lays down a strong technology platform for the company to execute its future growth and expansion plans across the region.“ESICH’s mission is to provide world-class and trusted life assurance solutions with passion through leadership, technology and innovation. Our main goal is to create value for our customers and make a positive difference. As a life insurance company, we have to deal with large volumes of data that we need to process really quickly. We were looking to implement the most modern and scalable technology solution that would help us build a strong foundation and provide our customers, brokers and agents with affordable high-quality products and impeccable customer service. The solution would need to have proper integration capabilities with our backend accounting system. We reviewed several solutions available in the market and found AGILIS Life Insurance System to be a perfect fit for our requirements,” said Richard Adu-Marfo, Managing Director of ESICH Life Assurance.
“AGILIS Life Insurance System is feature-rich, scalable and future proof with strong mobile integration capabilities that helps us provide mobility and accessibility to our agents and customers. Having witnessed the benefits derived by the customers in West Africa using this technology platform, the management team strongly recommended it to our board. Another important criterion for selection was local support. With solid operations in Ghana and footprints all over sub-Saharan African market and beyond, Fasyl Technologies was a partner of choice for us for this implementation,” Mr. Adu-Marfo added.
AGILIS Life Insurance System is a comprehensive core solution for life insurance companies dealing with individual as well as group life products, and Pensions. The solution supports the entire insurance value chain including new business acquisition, policy management, claims, reinsurance. It offers a robust configuration engine that helps insurers with ease of creating new products independently and reduces time-to-market. The solution is a modular, flexible and robust policy admin and claims management system, which has multi-lingual and multi-currency capabilities. The solution includes an Accounting module that is seamlessly integrated with all other modules of Insurance Operations and hence all accounting entries are posted online automatically and in real time. The software also helps in reducing manual errors with correct and consistent reporting and automatic reconciliation of accounts.