HNB General Insurance opts for futuristic insurance system

Launches Project Phoenix:

by malinga
January 21, 2024 1:01 am 0 comment 339 views

HNB General Insurance (HNBGI) will launch Project Phoenix, a strategic initiative in collaboration with Azentio Software to implement a world-class Core Insurance System.

This ambitious project marks a milestone in HNBGI’s digital transformation journey, promising value to its stakeholders.

Project Phoenix signifies HNBGI’s commitment to enhancing efficiency, accuracy, and overall operational effectiveness, ultimately benefiting all stakeholders.

CEO of HNBGI, Sithumina Jayasundara said, “This initiative aligns perfectly with our mission to create sustainable value through innovation. The upgrade and customization brought about by Project Phoenix will propel us to new heights, elevating our competitiveness, operational efficiency, accuracy and agility in a rapidly evolving market. This, in turn, translates to better service delivery for our customers.”

Azentio Software, a banking, financial services and insurance (BFSI) software company headquartered in Singapore, is HNBGI’s partner in this transformative journey.

Vice President, BFSI at Azentio Software, Jatinder Bedi, said, “We are honoured to collaborate with HNBGI on Project Phoenix. Our expertise lies in providing cutting-edge insurance solutions that meet the highest global standards, and we are committed to supporting HNBGI throughout this transformative journey.”

Project Phoenix transcends mere technological advancement; it signifies a strategic commitment to excellence in the face of rapid industry change. As HNBGI embraces its digital future, it remains steadfast in its dedication to delivering top-tier services.

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