One of the largest insurance providers in the Middle East region has chosen Experion Technologies as their strategic digital partner to streamline their digital transformation journey.
With a vision to provide financial security and peace of mind to its customers, the client has offered a comprehensive range of life & general insurance products for over 30 years. With an employee base of over 500+ people, an asset base of $450 Million, operations in three countries, and further expansions and investments in digital technologies, they are on their way to becoming a market leader in the region.
As part of their digitalization initiative, they approached Experion to develop a next-generation digital payment processing solution to streamline EMI payments. The solution should be independent and pluggable with other platforms and business lines such as Motor, Medical, Travel, and Home. Due to the time-critical nature of the project, Experion recommended a phase-wise approach. During the initial phase, Experion will develop the Minimum Viable Product (MVP). The subsequent phases will include the development and a look into the additional features as per the business requirement.
The digital payment processing solution, developed as part of the digital transformation initiative, will allow the client to offer a superior customer experience. In addition, as a trusted digital transformation consulting partner, Experion will also help them continue their digitization initiative through other projects.