In a bold move to accelerate its digital transformation strategy, HNB General Insurance (“HNBGI”) announced the launch of Project Phoenix, a transformational initiative in collaboration with Azentio Software to implement a world-class insurance core system. This ambitious project represents a significant milestone in HNBGI’s digital transformation journey and promises unparalleled value to stakeholders.
The Phoenix project demonstrates HNBGI’s unwavering commitment to enhancing overall operational efficiency, accuracy and effectiveness, ultimately benefiting all stakeholders. “This initiative aligns perfectly with our mission to create sustainable value through innovation.” said Sithumina Jayasundara, CEO, HNBGI. “The upgrade and customization brought about by Project Phoenix will push us to new heights, raising our competitiveness, operational efficiency, accuracy and agility in a rapidly evolving market. This in turn translates into better service delivery for our customers.”
Azentio Software, a leading banking, financial services and insurance (BFSI) software company headquartered in Singapore, is HNBGI’s trusted partner in this transformational journey. With more than 25 years of experience, Azentio serves more than 1,000 clients in 65 countries, including more than 130 insurance clients in Asia Pacific, the Middle East and Africa. The Azentio ONEInsurance platform allows you to quickly launch unique and bold new insurance products, sell aggressively, and engage digitally by transforming into a customer-obsessed organization, while maintaining efficiency, compliance, and security.
Jatinder Bedi, Vice President – BFSI at Azentio Software, expressed: “We are honored to collaborate with HNBGI on the Phoenix project. Our expertise lies in providing cutting-edge insurance solutions that meet the highest global standards, and we are committed to supporting HNBGI throughout this transformational journey.”
The Phoenix Project goes beyond just technological advances; It demonstrates a strategic commitment to excellence in the face of rapid industry change. As HNBGI embraces its digital future, it remains steadfast in its dedication to providing world-class services and maintaining its position as a trusted insurance provider. This initiative is not limited to implementing a new system only; It’s about moving towards a brighter, more efficient and customer-focused future.