AmAssurance Bhd has launched a new system to cut down the turnaround time of the processing cycle and maximise productivity.
The RM21 million AmPowerLife System replaces the routine administration processes.
“Customers of AmAssurance can now expect a speedier and more efficient response from AmAssurance on any life insurance transactions which involves multiple process layers with the launch of AmPowerLife System today,” the company said in a statement.
It said this system upgrading project commenced in March 2008 and was fully deployed after 19 months of the implementation.
The project was divided into two main phases where the first phase covers all the investment-linked, universal life and medical products while the second phase involves traditional and credit-related products.
The second phase will commence in January 2010 and is expected to go live in March 2011.
Bernama
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