New insurance technology debuts in Nigeria
By Abdul Olalekan
Insurance industry in the country is witnessing a new innovation, as ATB Techsoft Solutions Limited, an ICT firm, has launched Ultisure, software for insurance policy administration.
The technology is one of the local softwares specifically designed for insurance companies in the country.
Speaking during the unveiling of Ultinsure and three other softwares at a media launch in Lagos, Managing Director/ CEO, ATB Techsoft Solutions, Abiodun Atobatele, said apart from the fact that the new software will improve the operation of the adopting companies in Nigeria, Ultinsure and the three other software (Finultimate, Ultiflux and Eduware) will revolutionise the software market space in Nigeria, especially during the current economic recession.
He said the company is a Microsoft Certified Gold Partner with competencies in Unified Messaging, Mobility and Advanced Infrastructure Solutions, noting that the software of his company are simple to use and also utilise the Microsoft cloud platform.
According to him, “ULTISURE is our suite of software solutions for Insurance Policy Administration. With the flexibility and robustness that Ultisure ships with, customers are at liberty to create any insurance product irrespective of the complexity level and commence underwriting operations as quickly as possible.”
Ultisure, he pointed out, handles core insurance processes and has additional features that compliment these processes and could be decoupled as independent systems.
He thanked the staff of his company for their dedication and steadfastness, promising that the firm will continue to innovate to ensure that companies don’t have to go for foreign software that is expensive and in most cases, cannot stand the test of time.
“We are very proud of what we have achieved with these solutions we are releasing to the market, which stands its own amongst any currently in the market. These solutions are a result of seven years of dedication, hard work, research and investment. Which could not have been achieved without our software architects, whom can be ranked amongst the smartest people in the World,” he said.
Stating that the software takes into consideration, the social, economic factors of the country, he said the content of the software was localized to fit into Nigerian settings.
Moreover, the Director, Small, Mid-market Solutions & Partners Group, Microsoft Nigeria, Oluwawemimo Adeniyi, emphasized Microsoft’s approach to the cloud, addresses customers’ needs in a differentiated way.
“Our unique approach to the cloud spans three areas that, when combined, give customers choice and flexibility with the cloud: enterprise capabilities, hyper-scale cloud infrastructure, and comprehensive hybrid solutions,” she stressed.
She pointed out: “across these three areas, we bring the benefits of cloud speed, scale and economics. Whether providing customers the tools to solve business problems at cloud scale or helping customers maximize IT investments through hybrid solutions, we are committed to providing customers with the most complete, intelligent cloud to transform their business.”
ATB Techsoft Solutions Limited is an IT Solutions delivery company that provides various IT as well as advisory services to the banking and manufacturing sectors of the Nigerian economy including government departments and agencies as well as educational institutions. It’s an IT solutions delivery company certified as a Microsoft Certified Gold Partner with competencies in Unified Messaging, Mobility and Advanced Infrastructure Solutions.
