Manama: – ARIMA Insurance Software – a software subsidiary of Arab Insurance Group (Arig) has signed an agreement with Assurances BIAT, Tunisia to set-up customized General and Life and Bank Assurances Insurance Software Systems.

Assurances BIAT, is a joint venture insurance company between leading private bank in Tunisia Banque Internationale Arabe de Tunisie and Assurances Banque Populaire of France that is licensed to write all forms of General and Life Insurance products.

This customized software will enable Assurances BIAT to sell insurance policies throughout its network of over 600 outlets in Tunisia. Prior to going live, the project comprised of a systematic phase-wise process; which included a thorough analysis of the business, extensive training sessions and seminars for the software’s power users in both Assurances BIAT and the BIAT Bank.

Mrs. Imene Fakhfakh, Assistant General Manager – Assurances BIAT said, “The successful implementation of this software would mean that Assurances BIAT will be in a perfect position to grow its operations as per the company strategy by facilitating processing of business transactions at the front-end outlets like banks and agents. This initiative will reduce the processing, overheads time considerably, and will lead to accurate and readily available information to support the business decisions.”

Mr Simon Cox, General Manager, ARIMA said “It has been our constant endeavour to provide high-tech, reliable and cost-effective software solutions to the insurance industry. I am particularly delighted with the fact that our team completed this project in a record time of 6 months.”

Both, ARIMA and Assurances BIAT have agreed to work together on software projects in the future.