Union Assurance eMotor wins Celent Model Insurer Asia Award 2012
Union Assurance eMotor won the prestigious Celent Model Insurer Asia
Award 2012 for'product design/definition'. Model Insurer Asia Awards
program is an initiative by Celent, to recognize the top insurance
technology creativities in the Asia Pacific Region. The award was
presented at the Celent Model Insurer Asia Summit 2012, the Asian
edition of the famous Model Insurer Awards that is held annually.
Model insurer component is recognition of an insurer's effective use
of technology which assists in improving performance and thereby meeting
market demands successfully.
Ruwan Bakmedeniya, General Manager IT,Union Assurance stated, “This
award is a testimony to our efforts andcommitment in driving respect,
convenience and transparency in creating trust at all touch points,
thereby raising the bar of our performance higher”.
Union eMotor was able to successfully demonstrate the ability to
externaliseproduct configuration, rating and underwriting to achieve
flexibility and reduce time to market.
Some of the other award winners were global and large corporations
such as China Continent P&C Insurance Co, HDFC Standard Life Insurance
Co Ltd, Huatai Life Insurance Company Ltd, Prudential Life Insurance
Company of Korea, PT Prudential Life Assurance, Tata AIG General
Insurance Company Ltd and a few others.
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