3i Infotech's Premia Insurance Suite at FBN Insurance has been effectively implemented in Nigeria.
Johan Schalkwyk, COO of FBN, explained that the Nigerian market requires specific solutions and 3i has been able to cater its services there while growing the company.
"Their ability to keep promises and deliver on time has turned them into our preferred IT partner," Schalkwyk said.
The project began in 2011, when Premia Life Solutions was successfully integrated and simplified daily duties, allowing FBN to perform with high levels of satisfaction. In 2013, Premia Group Life was offered with the aid of 3i.
The year 2014 brought more challenges to FBN as they began to enter the competitive market that exists for general insurance. 3i assisted by presenting Premia General Insurance in January 2016.
FBN continues to offer options, as it and 3i are working to simplify annuity operations through Premia Pensions by mid-2016.
With a presence in East and West African insurance markets, 3i is striving to maintain its hold in Nigeria.