Celent EMEA report includes Agile FT

MUMBAI, INDIA: Agile Financial Technologies, a software provider for insurance, banking and financial services sectors, announced that Agilis Core Insurance suite was ranked and included in the prestigious Celent report for EMEA Policy Administration systems 2013: Life, Annunity, Pension and Health ABCD Vendor View. Agilis Life, Pension and Annuities, and Agilis Health Insurance were selected based on strict inclusion criteria and evaluation process by Celent, a research and consulting firm focused on the application of information technology in the global financial services industry, as per the announcement.

"Being recognised by Celent and having Agilis Life, Pensions and Annuity profiled within the latest Celent EMEA Policy Administration Systems 2013 Report is a significant validation of our capabilities in the Life, Pensions and Health insurance technologies," said Kalpesh Desai, CEO, Agile FT.

Based on customer feedback, Agilis Life, Pension, and Annuities, featured within the full profiles section of the report, as shared further: has received its highest rating at 4.9 out of 5.0 for its post-implementation services and received a 4.4 rating for ease of integration and systems's configurability performance.

Customer references also highlighted the fully integrated solution covering the entire business cycle and general ledger with fast, simple and flexible parameters used to create new insurance products and well-defined workflow covering all the steps of insurance business, from underwriting to claim management, reinsurance and accounting. In its current report, Celent provides 28 full profiles of policy administration systems in EMEA and 21 limited profiles using its ABCD Vendor View, which is a representation of a vendor marketplace designed to show at a glance the relative positions of each vendor in four categories based on Advanced technology, Breadth of functionality, Customer base, and Depth of client services.

The report is part of a series on policy administration systems (PAS) in EMEA, North America, and Asia-Pacific and reviews and profiles the life, pension, health, and annuities insurance administration systems available in the regions.

"Agile Financial Technologies has managed to meet the demands of the African market and the size of insurers competing in this continent in the recent past, and we think that with its Agilis Life, Pension and Annuities system, Agile Financial Technologies has a good asset to expand its client base going forward," stated Nicolas Michellod, Senior Insurance Analyst at Celent.