IDIT I.D.I. Technologies Ltd., announced today the general availability of IDIT™ Software Suite version 6.1. The new insurance software release, which is built on modern Service Oriented Architecture (SOA), was successfully tested in IBM labs in Montpellier France, to adhere with scalability requirements for large volumes of data.
Key advantages of the new release include, among others: in the Reinsurance domain; full support for outgoing and incoming reinsurance functionality, including proportional and non-proportional reinsurance treaties as well as facultative reinsurance. In the
Policy Administration domain; full support for collective policy including improved functionality for extended fleet management with an unlimited number of insured objects.
Yoel Amir, CEO of IDIT Technologies commented: “Our continuous investments in IDIT™ Software Suite, backed by our insurance domain expertise, increase the business value we deliver to our customers. This efficient and powerful release contains features that will provide our customers with significant competitive advantages.”
New in IDIT™ Software Suite version 6.1:
• Outgoing reinsurance
• Inward reinsurance
• Agent hierarchies
• Collective policy and extended fleet management
• Contact default communication method
• Claim-made covers
• IBM DB2 support
• Embedded Jasper reports
• Extended UI features
• EJB3 extended support, and more
About IDIT:
IDIT I.D.I. Technologies Ltd. (www.idit-technologies.com) is a global provider of enterprise software solutions for the insurance & financial markets. Our solutions are based on IDIT™ Software Suite – an enterprise software product which integrates the business capabilities essential for any insurance provider.
Founded in 1998, IDIT I.D.I. Technologies is a member of the Formula Vision group (TASE: FVT) and employs over 100 insurance and IT experts across Europe, APAC and Israel. Its clients include Groupama, Eureko, Interamerican, PolisDirect, IAK, Vanbreda, AON, and Direct Insurance Financial Services among others. The company also has a number of strategic partnerships with leading systems integrators and consulting firms such as IBM, PwC, BSB, and others.
# # #
Except for historical information contained herein, The matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the company's accounting policies and other risk factors.
# # #
