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Fadata and Centras Insurance, Kazakhstan signed a contract for implementation of INSIS

"INSIS is one of the few systems that fully support insurance business. The apparent advantage of the system is its technical realization. The system is based on the latest information technologies, ranging from the strong Oracle database platform, to the newest Internet technology services, allowing flexibility to configure and integrate the system with any information infrastructure.

Furthermore, implementation of the professional IT insurance system like INSIS will allow us to improve the level of information security and significantly reduce operational risks. Implementation of INSIS will be the next step in the development of the IC Centras Insurance.

Centras Insurance pays great attention to IT, without which no qualitative growth of the modern insurance company is possible. For example, for the past few years, "Centras Insurance" policy can be ordered from the internet by visiting www.kupipolis.kz. Also in the end of 2008 company launched a high-tech corporate Internet portal http://webinsurance.kz, fully integrated with the Single Insurance Database, which has a system of user authentication that provides an opportunity to calculate the premium to reflect the Class "bonus-malus", create and print policy, as well as an access to basic statistics ", commented from the company.

Fadata and INSIS customers in Kazakhstan are also BTA Insurance Company and Kazkommerts - Life.

About Centras Insurance

Insurance company Centras Insurance, JSC was founded in Kazakhstan in 1997. The Company is included into CENTRAS finance and investment Group and has the insurer’s financial strength rating under international scale “B3”, "positive" outlook from Moody's Investors Service international rating agency. IC Centras offers a wide range of insurance services.
www.centrasinsure.kz

About Fadata AD

Established in 1990, Fadata is a leading provider of software solutions for insurance companies worldwide. Its flagman product INSIS has customers in Portugal, France, Dubai, Bahrain, Bulgaria, Romania, Ukraine, Russia, Kazakhstan, Azerbaijan, Columbia, Ethiopia, Estonia, USA, Slovakia and Hungary. Fadata and INSIS customers in Kazakhstan are also BTA Insurance Company and Kazkommerts - Life.