Thursday, 31st July 2014
2:34:54pm

3i Infotech Integrates with Oracle® Applications to Offer an End to End Insurance Solution

3i Infotech Integrates with Oracle® Applications to Offer an End to End Insurance Solution

EDISON, N.J.--3i Infotech, a global provider of IT solutions and services, announced today that it has integrated its PREMIA insurance business solution to the Oracle® E-Business Suite and Oracles Siebel CRM for analytics and customer facing requirements using Oracle Fusion Middleware as the integration technology. This integration will enable rapid and seamless integration of 3i Infotech's PREMIA. 3i Infotech is a Certified Partner in Oracle PartnerNetwork.

A number of todays large insurance companies have grown through mergers and acquisitions and have traditionally relied on legacy system integration layers to provide business intelligence and internet enablement. PREMIA offers a refreshing alternative, being a robust, flexible and scalable end to end insurance solution, PREMIA also offers end customers, self service benefits particularly beneficial to those who plan a phased migration away from legacy solutions, PREMIA, together with Oracle Fusion Middlewares Oracle BPEL Process Manager and Oracle Business Activity Monitoring (BAM), empowers the customer to migrate to a service oriented architecture platform in an incremental manner, bringing with it additional benefits such as helping to reduce operating costs, including infrastructure.

Using Oracle Fusion Middleware we quickly and easily migrated our existing application to an SOA, said Hari Padmanabhan, Deputy Managing Director, 3i Infotech. The platform's comprehensive SOA and business process management capabilities enabled us to seamlessly integrate our industry leading Premia software with Oracle E-Business Suite and Siebel CRM to create a comprehensive insurance solution for our customers.

Insurance companies are looking to protect their legacy investments and migrate to a services oriented architecture in a phased manner, said John Gawkowski, vice president, Partner Technology Solutions at Oracle. Oracle Fusion Middleware provides insurance companies a very cost-effective platform to leverage their legacy systems, integrate PREMIA with Oracle E-Business Suite and Siebel CRM, and build new composite services.

About 3i Infotech

3i Infotech (www.3i-infotech.com) provides information technology solutions through its range of solutions for insurance, banking, finance, retail & distribution, manufacturing and e-governance. It is one of India's top 4 software product companies. The company is SEI CMMI Level 5-compliant for its Software Services and the company is ISO 9001:2000 certified for its Infrastructure and Business Process Outsourcing Services.

Using its domain knowledge and through continuous investment in technologies, 3i Infotech 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 45 countries and has a presence across 5 continents.

(a) Source: Dataquest Special Issue (July 15, 2006)

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of more than 19,000 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer to their customers, leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle can qualify for the Oracle Certified Partner levels.

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