Rhyme

3i Infotech, a global provider of IT solutions and a Certified Advantage Partner in the Oracle PartnerNetwork, has been awarded the accolade of Oracle’s UK Technology Partner of the Year.

The Award was presented at Oracle’s annual Business Partner Awards ceremony, which took place earlier this month at the May Fair Hotel, London.

Alan Hartwell, Vice President, Technology Solutions and Channels, Oracle UK, Ireland and Israel, said, “3i Infotech has been selected for this Award due to their introduction of innovative technology into the insurance industry and their work with Oracle UK to establish The Insurance Centre of Excellence.”

Faisal Khan, Director, Insurance & Banking, 3i Infotech – Western Europe, commented, “We won the Oracle Technology Partner of the Year Award in the face of stiff competition from the best UK Oracle partners demonstrating the undoubted leadership of our technology solution.  3i Infotech has developed PREMIA™ in direct response to a need for innovation in the insurance sector.  Built using the latest Oracle products and based on a Service Oriented Architecture, it embraces the need of insurers that wish to exploit traditional channels as well as the internet by providing all of their stakeholders with a highly-automated, workflow-driven, collaborative platform. 

“Through The Insurance Centre of Excellence we will demonstrate to the industry how our technology components and those of Oracle Corporation can bring significant business benefit to the insurance company of the future.”

PREMIA™ is an innovative insurance business solution covering the full range of functions of an insurance company including sales, underwriting, policy administration, claims management, re-insurance and accounting across broker, direct and internet channels.  Speed to market is delivered through its high levels of configurability. PREMIA™ is also fully FSA compliant providing complaint management as well as fraud management capabilities.  

Feb 21, 2008