Connect with us

Finance/Financial services

Saudi Arabia based Wataniya Adoptes eBaoTech’s Future Proof Insurance Platform

Betty Tűndik

Published

on

Reading Time: 1 minute

 

eBaoTech, a global leading digital insurance solution provider recently announced that Saudi Arabia based Wataniya Insurance Company (Wataniya) successfully launched eBaoTech’s microservices and cloud-native based 4G insurance platform as its policy administration system. The new system will be used to manage Wataniya’s end-to-end policy operations from underwriting, sales, re-insurance, claims to IT, and for all of its product lines. All legacy policy data have been migrated to the new system.

Wataniya experienced fast business growth in recent years. Its legacy IT systems became a challenge to support its further growth and the IT maintenance was very costly. In this context, Wataniya was looking for a new on-premise core business platform which should be on a modern architecture for the ease to maintain, agile enough to meet the changing needs in digital age and cost effective.

“The new PA system laid a solid foundation to support our digital transformation. We are very pleased that the replacement project was complete within two years,” Haitham Albakree, CEO, of Wataniya commented. “Besides the future proof solution on microservice and native cloud architecture, we are also pleased by the professionalism, dedication and passion demonstrated by eBaoTech’s implementation team. With the new system in place, I am confident that we now have cutting edge IT capabilities to better serve our clients in digital age.”

Woody Mo, CEO of eBaoTech added ,”eBaoTech has a strong, proven record in serving insurance carriers in more than 30 countries. We are very honored to have Wataniya as our first client in Saudi Arabia and we look forward to working with more carriers in the fast growing ME market.”

Hi everyone! Nice to e-meet you! Here are a few things you should know about me.


I am a conscientious, open minded, adaptable to new experiences and ambitious Business Development Manager with a Bachelor's Degree in Economics - Banking, Finance and Accountancy. Through my studies I've also obtained many naturopathic and nutrition degrees as well. Part-time jobs have added marketing, network marketing, event management and store management skills to my experience through my career.


Through my career I have also been a Hotel Manager and owned a Bar/Restaurant & Internet Cafe. My online marketing and social media interactivity experience was gained when me and my husband started a business with an online/organic webshop & healthy lifestyle consultancy.


I've improved my English at Cambridge Academy of English - 2003, in Cambridge. I live a conscious lifestyle, and try to protect the ecosystem. Animal lover and capable of helping others without judgement or negative reactions, this is thanked to my knowledge in holistic therapies and the naturopathy courses I've followed.


I cannot leave far my spiritual growth and the continuous development in alternative and holistic therapies, so I'm learning at Kyron School of New Consciousness, receiving a Bio Energo-therapist diploma.


Thanks to all my experiences I've decided to venture into publishing and writting, while also continuing to learn many new things daily. I hope you enjoy reading my hand picked PICANTE News and check back for my weekly articles. You can find my articles and news digests in the following categories:


FOOD & BEVERAGES, ANIMALS/PETS, ANIMAL WELFARE, CANNABIS, ENTERTAINMENT, HEALTH CARE/HOSPITALS, CONSUMER & COSMETICS, ART, HEALTH AND LIFESTYLE, ALTERNATIVE ENERGIES, BEVERAGES, ALTERNATIVE MEDICINE, COSMETICS AND PERSONAL CARE, AGRICULTURE, and many more.



You can get in touch to discuss interviews or possible article submissions by contacting us.


Let's also connect via social media! You can find me on LinkedIn and Twitter.

Advertisement
Comments

Banking/Financial Services

CoinAll Launches a New-User Campaign to Expand Community

Vlad Poptamas

Published

on

Photo source: lawyersweekly.com.au
Reading Time: 2 minutes

 

CoinAll has today announced the launch of a new user campaign which will last a month and features a 10,000 USDT bonus pool. Users who complete the two-task mission will have a chance to share in the bonus. The campaign comprises two tasks. In task one, new users have to register on CoinAll and pass KYC1 verification. In the second task, new users need to deposit CoinAll-listed cryptocurrencies into their accounts. Upon completion of the two tasks, they will get the bonus. The campaign is open to all digital asset traders from around the world.

“Community is the foundation of CoinAll. We hope to make it larger and stronger. Together with our users, we endeavor to make the industry better in the near future,” said Katherine Deng, General Manager of CoinAll.

CoinAll is a community-driven exchange, which means the users of the CoinAll community have the power to influence the development of the exchange. CoinAll also launches various promotions for the community as well.

For example, the blockchain quiz show “Who Wants to Be a COINALL-inaire” hosted in March, featured the industry’s first “decentralized question bank” and attracted hundreds of thousands of participants. By answering 10 questions correctly, users could take home hundreds of USDT in prizes. While enjoying the fun and bonuses, users also broadenedtheir knowledge about blockchain technology.

By offering a variety of campaigns, CoinAll has rapidly established a community of tens of thousands of members.

Besides community development, CoinAll also spares no effort in offering high-quality blockchain projects to traders. For example, COSM, which will be supported by Samsung’s latest flagship smartphone and is the first dApp partner of Samsung, was one of the very first offerings by the exchange. CoinAll has also listed other well-received projects such as BTT, ZIL, ONT, and Grin.

As an fast-emerging exchange, CoinAll was recognized as the first strategic partner of OKEx, the top-class exchange in the worldCoinAll is showing great ambition, pledging to become top-20 exchange in the world within 1 year with the help of OKEx.

“We feel grateful to our users,” said Katherine Deng. “And we want to give back to our community and make it larger and stronger. This time, our new campaign also reflects our great determination that CoinAll will continuously offer projects of high quality and good trading experience to global users.”

 

SOURCE CoinAll

Continue Reading

Computer Electronics

Former Secretary-General of NATO Joins Concordium as Strategic Advisor

Vlad Poptamas

Published

on

Photo source: axanews.ro
Reading Time: 2 minutes

 

Concordium, the world’s first identity-validating, regulatorily compliant blockchain network, has announced that Anders Fogh Rasmussen, former Secretary-General of NATO and former Prime Minister of Denmark, has joined as a Strategic Advisor.

Rasmussen served three terms as Prime Minister of Denmark from 2001 until 2009, and previously held several other high-profile positions in the Danish government, including Minister for Taxation and Minister for Economic Affairs. Following his tenure as Prime Minister, Rasmussen was elected as Secretary-General of NATO, where he served for five years before stepping down in 2014.

Rasmussen is also the Founder and CEO of Rasmussen Global, an international political consultancy dedicated to issues on democracy, transatlantic relations, security policy, economic development, and the European Union. In 2017, he founded the Alliance of Democracies, a non-profit organization dedicated to the advancement of democracy and free markets across the globe.

Lars Seier Christensen, Chairman of Concordium, said: “Given the enormous scope and far-reaching potential of the Concordium Network, it is essential for the Concordium Foundation to harness the knowledge of those with invaluable in-depth strategic expertise.”

“Anders will play a pivotal role in our global expansion plans to move into areas that require a blockchain solution for secure and private communications, as well as liaising with governmental departments that will benefit from its implementation. Our network will support tamper-proof voting systems to protect the institutions of civil society, which are fundamental to the functioning of democracy. With Anders’ guidance, Concordium is better equipped to become a globally trusted network for secure transactions, most notably by improving the integrity of the voting process,” Christensen continued.

The Concordium Foundation’s goal is to make the Concordium Network the world’s first ubiquitous, standardized, easy-to-use, and fully compliant blockchain network, designed to provide both a solid store of value and the global backbone for keeping track of the world’s transactions. The Concordium Network features a protocol-layer identity-validating, mechanism, which will ensure that every user on the network is identified, and every transaction involves provenance tracking.

Rasmussen said: “We are only beginning to see the benefits that blockchain technology will bring to our societies, including in our democratic processes. Concordium’s blockchain-based voting solution offers a means of voting that is trustworthy, quick, and cost-effective. I am pleased to be working with Concordium to make sure that every vote is counted.”

 

SOURCE Concordium

 

Continue Reading

Blockchain

Ideanomics Signs Digital Asset Management Services Agreement with Singapore’s GT Dollar and Thai Setaku Insurance

Vlad Poptamas

Published

on

Reading Time: 2 minutes

 

Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”), a global AI-driven management and financial services company acting as a catalyst for transformative industries, is pleased to announce it has entered into an exclusive digital asset management services agreement with GT Dollar PTE Ltd (“GT Dollar”) and Thai Setaku Insurance PLC (“TSI”).

Under the terms of the agreement, Ideanomics will provide AI-assisted financial risk management services for investments, regulatory compliance, including Know Your Client (KYC), Anti-Money Laundering (AML) fintech-based services, and banking relationship management. These services will be provided on an exclusive basis for an initial three-year period which can be renewed thereafter by mutual agreement. GT Dollar has been underwriting its tokens with asset-backed collateral, including real estate, airlines, insurance, as well as regional bank clearance and acceptance, to launch against consumer loyalty programs for those using GT Dollar when it initially launched.

Ideanomics will also provide its Blockchain and AI technologies to assist with Thai Setaku Insurance’s activities, including policy custody management and AI-assisted risk management. TSI, Thailand’s oldest insurance company and founded by the Thai royal family, is a GT Group company.

“The GT Group is among the most innovative we have spoken to in terms of their vision for how tokens can play an increasingly important role in our economy. This is a benchmark deal for Ideanomics, and for digital asset management service providers, that will enable GT Dollar to take its plans to the next level” said Alf Poor, CEO of Ideanomics. “GT Dollar and TSI recognized the potential of Ideanomics in our meetings last year, and subsequently made an investment in our company. This deal is a further endorsement of our capabilities and one which recognizes our company as a market leader in digital asset origination and management. We are excited to be driving these types of initiatives with GT Dollar and TSI. They have aggressive goals for their GT Dollar tokens, which will transform and legitimize the token economy, and we are pleased to have such a fast-growing, forward-thinking, and innovative partner to work with. Ideanomics plans to extend these fintech-based services to build relationships and value between other coins and physical economy assets”.

Through the Ideanomics platform of services, GT Dollar and TSI will have transparency and visibility into their investments. Ideanomics will advise and consult GT Dollar and TSI on partnerships with global financial institutions to provide compliance advisory services including streamlined KYC and AML processes, banking compliance, custody, investment in financial products, parent funds, tracking and index funds, and more.  Ideanomics will provide technology consulting services, that meet global best practices, for Digital Security Offerings, and other Asset Back Security Offerings.

Ideanomics will receive an initial payment allocation of GT Dollar tokens equivalent to US $170 Million and receive annual management fees of 3% of the total market value of GT Tokens on December 31st of each year of service for three years. As of March 19, 2019, the GT Dollar token has a total market value of US $97.66 Billion and has significant trading volume (https://www.asiaedx.com).

 

SOURCE Ideanomics

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Follow our Tweets

Trending

Please turn AdBlock off