Saturday, 19 March 2016

idealo’s Indian market research study estimates cricket equipment

Owing to the cricket fever gripping the nation, idealo, the product comparison company, was motivated to run an analytics report on what it would cost to buy a standard Cricket Kit In India. As cricket aficionados would know club cricket is by no means an affordable indulgence. Along with monthly club subscription fees, a club player is supposed to have his personal gears as well which can be a costly affair.
idealo ran a comparative cost analysis on each cricket equipment and protective wear available on idealo.in: The categories included Batting Gloves, Batting Pads, Cricket Bat etc. to find out the cost for each product that amateur cricket players usually buy.

Commenting on the team’s inspiration of running the analysis, Sumit Kuhite, Consumer affairs editor for idealo.in, said “One of the Key talking points of this Year’s IPL auctions were Nathu Singh from Rajasthan being picked by Mumbai Indians for a whopping price of Rs. 3.20 Crores. Nathu, a son of factory worker, in his early days was struggling to pay an annual fee of Rs.10,000 for a coaching academy. Being price nerds that we are, we took it on ourselves to find out how much this would cost for a young cricket enthusiast. After considered cricket equipment and protective wear on idealo.in & noted down the click price of each of our customers and then calculated the average price for each product our customer was ready to pay.“
Some of the Key Highlights of the analysis were:

l  A cricket newbie has to shell out around Rs.12,053 for all cricketing gears. 
l  Cricket bats are the costliest of the lot taking 44% of the spending shares.
l  Protective gears like Batting pads, Cricket Helmets are next in line requiring 14% and 12% spending shares respectively.
idealo’s price analysis gives a predictive notion of how much one can expect to pay for each accessory; though prices naturally vary within different brands of products, like SG bats are always cheaper Slazenger’s.


Friday, 11 March 2016

Sanlam Emerging Markets - Enhances Customer Experience & Centralizes Processes with PREMIA™ from 3i Infotech Limited

Sanlam, the South Africa-based Pan-African financial services group, has selected PREMIA Insurance Management system to centralize all of its general insurance (GI) country operations onto a single platform. The contract excludes Santam in South Africa and Saham Finances, the Morocco-based insurer in which Sanlam recently acquired a 30% stake.

Established in 1918, the  Sanlam Group operates in Southern Africa through Botswana, Malawi, Mozambique, Namibia, Swaziland, Zambia and Zimbabwe; East Africa through Kenya, Tanzania, Rwanda and Uganda; West Africa via Nigeria and Ghana; as well as in India and Malaysia. It has an indirect presence through associate companies in Burundi, The Gambia and Lesotho. The Group also has business interests in the United Kingdom, the United States, Australia and the Philippines.

Sanlam Emerging Markets (SEM) is the cluster within the Sanlam Group tasked with expansion into emerging markets. Through its various partnerships, SEM offers life assurance, general insurance, credit, health, banc assurance and asset management. 

Sanlam’s selected country operations were already running on the Premia General Insurance platform for many years and the company decided to centralize its General Insurance platform and to roll out Premia in some of its new country operations.  

The objective behind this move was to leverage on the business acumen Sanlam accrued over the years and deploy the same across the region for optimum business results. Deploying Premia Suite would support SEM in faster product deployment, centralize MIS and analytics, control changes, centralize support, improve decision making through analytics as well as reuse technology and knowledge assets.  

Since the existing GI country operations were to be understood and combined with the new approach, a lot of attention to detail was required in the planning stage. The project involved relentless research in the existing work flow of all operations and overall a lot of time in matching Sanlam’s objectives versus desired benefits. Both the teams worked in synergy to understand the requirement blueprint and carved a clear path to move forward.


At the end SEM was confident to make a final decision to sign up with 3i Infotech to deploy Premia – the Integrated Suite of products which includes Premia PAS solution, e Portal, Business Intelligence, Mobility, DMS and Workflow - in multiple locations in Africa, excluding South Africa and Saham Finances country operations.

Wednesday, 9 March 2016

FBN Insurance, Nigeria Deploys 3i Infotech’s Insurance Suite

3i Infotech , a global technology solutions and services enabler today announced the successful implementation of their marquee product Premia™  Insurance Suite at FBN Insurance, Nigeria(West Africa). FBN Insurance (jointly owned by FBN Holdings Plc and Sanlam Emerging Markets, South Africa) is one of the leading Life and General Insurance companies in Nigeria.

3i Infotech and FBN Insurance commenced a lucrative journey in 2011 with the successful deployment of Premia™ Life solutions. The Life module streamlined day-to-day operations enabling FBN Insurance to exceed policyholder service expectations. FBN Insurance expanded their product offering and entrusted 3i Infotech with the deployment of Premia™ Group Life in 2013. 

Early in 2014, FBN Insurance entered the competitive General Insurance market through the acquisition of a General Insurance company. Once again, 3i Infotech was called on to deploy Premia™ General Insurance along with Document Management & Workflow solutions. These deployments were successfully concluded as per project timelines in January 2016.

Building on the strength of the relationship, FBN Insurance recently awarded 3i Infotech with a mandate to streamline Annuity operations through the deployment of Premia™ Pensions, and roll out an e-portal solution spanning both the Life and General Insurance businesses. This deployment is on track for conclusion mid-2016.
Through these solutions FBN Insurance has a competitive edge in achieving its business strategies through technology. 3i Infotech is proud to be a part of this growth journey with FBN Insurance.  


Looking ahead to 2016, 3i Infotech is poised to sustain its current successes & leverage opportunities in the Nigeria & other African Insurance market with its Premia™ Insurance Suite. 3i Infotech has extended its Insurance footprints with newer digital offerings enabling mobile Insurance, Tab Insurance, Web channel and other innovative tech led solutions. The company enjoys a major market share in the East and West Africa Insurance space and continues to be bullish on the insurance business as well as maintaining its leadership position in the sector.

Tuesday, 1 March 2016

BLK Super Specialty Hospital joins hand with Uzbekistan National Cancer Center

Known for its excellence in healthcare Industry, India’s leading BLK Super Specialty Hospital recently signed a MoU with National Cancer Center of the Republic of Uzbekistan, Association of Oncologists of Uzbekistan, which is country’s biggest oncology facility. Among others, the pact focuses on developing educational, scientific and medical cooperation to achieve excellence in cancer care. The MoU also focuses on the provision of medical diagnostics and consultation to the people of Uzbekistan with assistance from BLK Super Specialty for next three years.

The pact with Cancer Center is expected to strengthen bilateral cooperation in the field of cancer treatment as well as creating more opportunities for medical, diagnostic and counseling for population of Republic of Uzbekistan. Experts from BLK Super Specialty Hospital would also participate in development of joint international projects and conducting research on mutually agreed topics for benefit of both countries.

The MoU will also pave way for education and training of health professionals from Uzbekistan in India to exchange experiences and techniques.  It will also mend ways for organizing conferences, seminars, round table discussions and symposium on mutually agreed topics. Scientific articles, thesis and reports by professors and teaching staff shall be promoted at these occasions.


The pact is believed to be a breakthrough in the health care sector of Uzbekistan by many as the initiative by the New Delhi based hospital will lead to an increased number of medical professionals in country in the field of surgery, urology, cardiology, oncology, pediatrics, dentistry, ophthalmology and therapeutic studies with the cooperation and initiatives. It is also believed to be beneficial in long term to promote better relationship between the two countries along with improving health standards worldwide.