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Fadata has started the implementation of INSIS in JSC BTA Insurance

This is the first installation for Insurance Group of Bank TuranAlem ( IG BTA), after the Group has signed in May a corporate agreement with Fadata for implementation of more than 5 INSIS installations for it’s insurance companies.

The Kazakhstan insurer is one of the strongest not only on the local market, but also operates on the markets of CIS countries. IG BTA intends to transfer its insurance business continuously on INSIS in the next few years.

Insurance Group BTA chouse INSIS after a lengthy investigation of the competitor’s systems. INSIS was preferred as a complex system, supporting not only Non Life, but also Life insurance and Health operations.

Expected benefits of the implementations of INSIS are through the automation of the operations the insurer to achieve more effective business management, to has significant growth of business, flexibility and rapidity in introducing the new products and packages of insurance services to the market. The consolidated reports and financial results will help the management to archive easily better results in all company within the structure of the group.