MBASK first deploys INSIS operating system in Azerbaijan’s insurance market

MBASK first deploys INSIS operating system in Azerbaijan’s insurance market
# 23 September 2009 16:29 (UTC +04:00)
Baku. Elnur Guseynguluev - APA-ECONOMICS. Azerbaijan-based Insurance Company MBASK has first time in the country launched the INSIS operating system developed by the Bulgaria’s Fadata.

The company said that the INSIS automates business processes related to insurance contracts, reduces the processing time, facilitates issuance of policies and improves customer services.

In addition, the system increases the speed and accuracy of calculation of payment of commissions to agents and allows faster processing of insurance claims.

This software product is based on Oracle technology and has a modular architecture.


MBASK has been in operation since 1992. The company currently provides 29 types of insurance services.
#
#

THE OPERATION IS BEING PERFORMED