InsuranceMumbai - Mastek Ltd, a high-end IT solutions player with global operations providing new technology and IP-led enterprise solutions to insurance, government, and financial services organizations worldwide announced that Ocean Life Insurance Co Ltd. (OLIC), Thailand has selected ElixirAsia, Mastek's enterprise-wide policy administration system. The implementation of the system will cover all lines of business at OLIC, including individual life and group life.
Insurance
Birla Sun Life Insurance reports its maiden profit in June quarter
Driven by the growing size of in-force book, Birla Sun Life Insurance (BSLI) has posted a net profit of Rs 9 crore during the quarter ended June 30, 2010 as against net loss of Rs 111 crore in same quarter previous year.
Birla Sun Life Insurance appoints Jayant Dua as Managing Director
Mumbai: Birla Sun Life Insurance Company Ltd. (BSLI), a subsidiary of Aditya Birla Nuvo Ltd, today announced the appointment of Jayant Dua as the Managing Director of the company. Jayant's appointment will be effective July 1, 2010 and he will be based out of Mumbai. Prior to this, he spearheaded Aditya Birla Insulators (ABI) in the capacity of President and CEO.
Royal Sundaram’s A & H claims processes receive ISO 9001-2008 certification
Chennai - Royal Sundaram (www.royalsundaram.in) is pleased to announce that their Accident and Health claims processes have been upgraded from ISO 9001: 2000 to ISO 9001:2008. This upgradation is as a result of meeting stringent quality systems requirements evaluated in the annual surveillance audit.
IDBI Fortis reaches the city of sports, launches its branch at Jalandhar
JALANDHAR: IDBI Fortis Life Insurance formally launched its branch at Jalandhar today. The branch is located at Third Floor, Eminent Mall, 261 Lajpat Nagar, Gurunanak Mission Chowk, Jalandhar.
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