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Browse the items below to find the ways in which we’re making news — with new customers, new product developments, new lines of business, and more.

July 2021

Azentio Software acquires specialist Insurance technology firm Beyontec

Azentio Software (“Azentio” or the “Company”), a Singapore-headquartered software products business owned by Funds advised by Apax, is pleased to announce that it has signed a binding agreement to acquire Beyontec, a leading insurance technology company. The transaction is conditional on obtaining relevant regulatory approvals.

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June 2021

Beyontec and Ethics Consultancy (ECB) Announce Strategic Partnership in Zimbabwe

Beyontec, a leading insurance technology solutions provider for the global insurance market, and Ethics Consultancy (ECB), an application software and services provider in Zimbabwe, today announced a strategic partnership.

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March 2021

Tamini Insurance Goes Live on Beyontec Suite

Tamini Insurance, the first Islamic insurance company in the Republic of Djibouti, has gone live on the cloud-based Beyontec Suite core insurance solution, to manage its end-to-end General Insurance business.

March 2021

Ethio Life and General Insurance S.C, Ethiopia, to Drive Digital Transformation with Beyontec Suite

Ethio Life and General Insurance S.C, (ELiG) a leading composite insurer in Ethiopia, providing innovative life and non-life insurance products in the country has signed up Beyontec Suite, a core insurance solution from Beyontec, to transform its operations to digital.

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September 2020

Clements Worldwide to Implement Beyontec Suite to Manage Its Business Operations

Clements Worldwide, a leading global insurer with business across auto, property, health, life, and disability insurance will implement Beyontec Suite as its core insurance solution to improve the operational agility.

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June 2020

New Mexico FAIR Plan Goes Live on Beyontec Suite

New Mexico Fair Plans adopts Beyontec Suite to migrate from legacy to a digitally-enabled environment across.

June 2020

Al Buhaira National Insurance Company (ABNIC) Goes Live on Beyontec Suite (Motor)

ABNIC moves its motor business operations on Beyontec Suite, a core solutions platform, to improve agility while reducing cost and risks.

June 2020

ASSAR Selects Beyontec to Implement Platform Ecosystems for Rwanda Insurance Industry

The Insurance Association of Rwanda (ASSAR) selects Beyontec to implement a digital ecosystem of different platform solutions for the insurance industry in Rwanda.

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April 2020

Daman Goes Live on Beyontec Suite (CPQ)

Daman a leading health insurance company in the UAE, providing comprehensive health insurance to more than 3 million members across the country, goes live with the Configuration Pricing Quotation (CPQ) tool of the Beyontec Suite core insurance solution.

March 2020

Setting a Strategic Course for InsurTech Transformation

Beyontec outlines the three main priorities for COE’s to implement successful digital transformation in Insurance.

Click here to read the complete press release.

March 2020

Ethiopia Insurance Industry – Digital Transformation 2020

Beyontec and Moti Engineering will host an exclusive CxO conference on Ethiopia Insurance Industry – Digital Transformation 2020 at the Intercontinental Addis Hotel in Addis Ababa, Ethiopia, on March 11, 2020. This event will cover expert knowledge-sharing sessions from CEOs, CIOs, IT heads, finance heads, and risk managers of regional insurance companies, Beyontec experts, and other industry thought leaders.

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March 2020

Beyontec at the Middle East Healthcare Insurance Conference 2020, Oman

Vivek Sethia, Director and Co-founder of Beyontec Solutions will deliver a keynote at the Middle East Healthcare Conference, Oman, 3-4 Mar 2020, where he will stress on the need and relevance for successful collaborative models in healthcare insurance.

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February 2020

How Automation is Digitally Transforming the Insurance Industry

Viewpoint: How automation is digitally transforming the insurance industry by Naresh Kothari, Automation specialist at Beyontec.

Click here to read the complete press release.

December 2019

Zamara Goes Live on Beyontec Suite

Beyontec Strengthens its African Foot Print. Zamara implements Beyontec Suite to streamline the entire broking business process and to initiate the transformation towards a connected digital enterprise.

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December 2019

Automation in the Insurance Industry

Modernizing core systems helps insurers automate repetitive tasks and positions them for future growth. Read the Beyontec article on “Automation in the Insurance Industry” published by PropertyCasualty306.com.

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October 2019

Beyontec Introduces Cloud-based, Shrink-wrapped Core Insurance Solution for MGAs of Non-Standard Auto

Beyontec introduces the shrink-wrapped version of its successful core insurance solution – the Beyontec Suite — for the non-standard auto Managing General Agents (MGAs).

Click here to read the complete press release.

October 2019

Beyontec and Braxtone launch the Claims Recovery Platform “Tasweya” in Dubai

Beyontec in partnership with Braxtone launched the revolutionary Claims Recovery Platform “Tasweya” on October 8, 2019 at the InterContinental Dubai – Festival City i. The launch function was attended by CXOs and key decision makers from leading insurers in the region. Beyontec and Braxtone demonstrated the platform features and invited insurers to join the platform.

September 2019

NAMIC’S 124th Annual Convention, Maryland

Meet us at the upcoming NAMIC’S 124th Annual Convention, to be held between Sep 22 – 25, 2019 at National Harbor, MD. This year NAMIC Annual Convention focuses on educating the reinsurers, brokers, rating agencies and other mutual insurance constituents on emerging technologies impacting their business. Visit the Beyontec booth # 222 and hear our experts talk about real ways to transform mutual insurance business using digital technology. We will be demonstrating our core solution – the Beyontec Suite, our unique accelerators, and several pre-configured automation solutions.

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August 2019

Braxtone Partners Beyontec

Beyontec Solutions recently entered into a strategic partnership with Braxtone to offer a comprehensive automated motor claims recovery solution to address the claims recovery challenges faced by the insurance industry in Bahrain and the United Arab Emirates. This portal solution will help in streamlining intra-company claims recovery process and make the process transparent, efficient and reliable for insurers in the region.

Click here to read the complete press release.

August 2019

OESAI Conference, Rwanda

Beyontec is pleased to be participating at the 42nd OESAI conference in Kigali, Rwanda to be held on the 25th to the 28th August, 2019. Beyontec will showcase its digital offerings including the core solution – the Beyontec Suite, the accelerator solutions and its pre-configured automation solutions. Beyontec’s participation at the conference will present a unique opportunity for apacn insurers to get a ringside view of how to approach digital transformation.

June 2019

Beyontec Partners with AJMS Global

Beyontec Solutions and AJMS, a leading accounting, tax and governance, risk & compliance (GRC) consulting firm, have entered into a strategic partnership to develop a comprehensive IFRS 17 solution for the Middle East and apacn insurance industries.

Once developed, this new product can be implemented across General and Life Insurance companies and will have IFRS 17 capabilities across finance and actuarial systems. It will connect data, systems and process environment between finance and actuarial with the ability to meet future accounting challenges.

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June 2019

Motor Best Practices 2019 Seminar

Beyontec will be participating as a speaker and will launch its revolutionary solution – Claims Recovery Platform during the Motor Best Practices 2019 seminar on 26th & 27th June 2019 at Stella Di Mare Hotel, Dubai Marina, Dubai. A centralised platform for insurers to digitize and automate the claims recovery process, this industry-first solution will shrink the processing time while ensuring absolute transparency and compliance between insurers.

April 2019

Gulf Insurance Group – Kuwait Selects Beyontec Suite to Drive Digital Operations

Gulf Insurance Group – Kuwait (Gig-Kuwait) Selects Beyontec Suite to Drive Digital Operations across general life and group life lines of business. Implementing Beyontec Suite with its fully integrated modules across underwriting, claims, billing, re-insurance, accounting, and queries will enable Gig-Kuwait to elevate its operations to become truly digital while enhancing overall customer experience.

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March 2019

African Insurance Leader Zamara Implements Beyontec Suite to Achieve Digital Transformation

Zamara one of the largest pension fund administrator in Kenya controlling one third of the Kenyan pension fund market implements Beyontec Suite to streamline the entire broking business process across General, Life and Medical lines while eliminating multiple data sources and data redundancy.

February 2019

Michigan Basic Property Insurance Association (MBPIA) Went Live on Beyontec Suite.

Michigan Basic Property Insurance Association (MBPIA), the Detroit, MI based FAIR Plan with more than five decades in basic property insurance, went live on Beyontec Suite. Having implemented all modules including the agent portal, MBPIA will run its operations using all modules of the Beyontec Suite.

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