INTELLECTUAL PROPERTY
4i Apps Solutions pvt ltd | February 07, 2022
National Life and General Insurance Co. SAOG (NLG) is the market leader and largest insurance company in Oman (by Gross Written Premium) and has around 190+ combined touch points for policy sales and servicing. In addition to Oman, NLG also has overseas branches in Dubai, Abu Dhabi & Kuwait.
As a part of their digital transformation strategy, NLG was exploring possibilities on integrating all their core systems under a single platform for better operational efficiencies. NLG was finding it challenging to continue with the traditional accounting system that was operational for the past several years. So, they decided to embrace Oracle Fusion Cloud after careful evaluation of other products in the market. 4i Apps was chosen as the strategic partner based on their credentials in the region for delivering several Oracle Fusion Cloud implementations.
The Oracle Fusion Cloud ERP system is a fully integrated one, which allows users to access Finance, Procurement, Innovation, HCM and Payroll under a single Cloud platform. Oracle Fusion Cloud releases 100s of new features every quarter and users have immediate access to the new features.
"NLG has a strong Digital Transformation Strategy, and the implementation of Oracle ERP system would be a significant achievement towards strengthening our financial operations. We need to continue on this path of Change Management with full determination and make this system work seamlessly,"
- S. Venkatachalam, CEO of NLG.
NLG's ERP system now serves as the backbone of the financial operations to the entire organization and would redefine NLG's servicing standards significantly.
NLG and 4i Apps team celebrated the Oracle Fusion Cloud Go-Live success meet on 26th January 2022. NLG has planned to implement Oracle Enterprise Performance Management and Custom Bolton Investment Module in Phase II.
"We are very proud to be associated with NLG. We believe Oracle Cloud implementation will accelerate their growth and wish them all success,"
- Ravisankar, Head of Middle East for 4i Apps.
4i Apps is the fastest growing Oracle Cloud partner, having enabled 500+ Organizations on Oracle Cloud. With over 13 years of operations in Middle East, 4i Apps is the preferred Oracle partner for many public and private sectors. 4i has 450+ Oracle consultants workforce with offices in 10 locations globally.
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CORE INSURANCE
Woodruff Sawyer | February 10, 2022
Woodruff Sawyer, one of the largest independent insurance brokerages in the US, announced Bill Urick has joined the company to lead the Northern California Employee Benefits Practice. Bringing over 35 years of Commercial and Benefits brokerage experience to the role, Bill most recently led a large Healthcare Benefits Practice in California for a division of Assured Partners and held previous leadership roles at Johnson & Higgins, Marsh and A.J. Gallagher.
As Northern California Employee Benefits Practice Leader, Bill will be responsible for the growth and profit of the Northern California Benefits Practice, developing and attracting talent, and service excellence for clients.
"We are thrilled to have Bill's industry experience, client focus and people leadership at a time when there are big market shifts. His fresh perspective will help us move faster to set Woodruff Sawyer apart."
-Kathy Prosser, Woodruff Sawyer Senior Vice President and National Employee Benefits Practice Leader
About Woodruff Sawyer
As one of the largest insurance brokerage and consulting firms in the US, Woodruff Sawyer protects the people and assets of more than 4,000 companies. We provide expert counsel and fierce advocacy to protect clients against their most critical risks in property & casualty, management liability, cyber liability, employee benefits, and personal wealth management. An active partner of Assurex Global and International Benefits Network, we provide expertise and customized solutions where clients need it, with headquarters in San Francisco, offices throughout the US, and global reach on six continents.
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GlobeNewswire | August 28, 2020
ClarionDoor, provider of the insurance industry’s most intelligent product distribution platform, has teamed up with Vertafore, the leader in modern insurance technology, to modernize MGA distribution via a streamlined integration between Vertafore’s AIM™ platform and ClarionDoor’s (CD) MGA Hub. Together, these solutions deliver a seamless, best-in-class MGA distribution experience. AIM, Vertafore’s market-leading MGA solution, centralizes underwriting, accounting, and claims operations. Designed to manage the full policy lifecycle, AIM helps increase speed-to-market, while ensuring accuracy throughout the entire process. To expand and enhance AIM’s capabilities for more real-time interaction with carrier channels, Vertafore partnered with ClarionDoor. We are thrilled to be working with ClarionDoor to help our joint customers gain new efficiencies and unlock more growth as they can reduce manual processes and write business even faster,” said James Thom, Vertafore’s senior vice president of corporate development and strategy. “Our goal at Vertafore is to improve the flow and speed of information across the insurance distribution channel. This collaboration enables that by creating benefits for AIM users and the entire channel as we enable stronger integration between retail agencies and ClarionDoor systems to expedite rating processes.
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