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29th November 2009

Airas Intersoft Announces New Hire Sales Director, Richard Hardie, To Drive Future Growth & Profitability.

Life & Pensions IT services provider, Airas Intersoft Ltd, has today announced that Richard Hardie has joined the company as Sales Director.

19th November 2008

Introducing Belit LLC, Our New Partner in Belgrade, Republic of Serbia

Financial Services IT experts, Belit LLC, are the latest exciting company to join the Airas Intersoft partner network.  With experience in banking and insurance brokerage systems, Belit is an ideal addition to our CEE coverage.

17th November 2008

New Illustration Software from Airas Intersoft ‘AI-iQuote’

Airas Intersoft announces the development of a new quotation& illustration software, AI-iQuote, for release with effect from January 2009.
The software module streamlines the sales business process. A key financial tool when used by sales advisors, AI-iQuote helps them spend more time advising clients and provides a professional experience to clients and advisors alike.

14th May 2008

Improving speed to market for new products creating real shareholder value in the Bahamas by David Truman

British American Financial (BAF), a leading financial solution provider based in Nassau, Bahamas has been a customer of Airas Intersoft for a number of years. As a leading product provider in the Bahamian market, BAF is innovative in providing a range of financial solutions including Life Assurance, Mutual Funds, Health Insurance, Annuities and Pension Plans. A key goal is to continually assess product effectiveness to ensure ongoing profitability whilst addressing and expanding the product range into new areas of demand.

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14th May 2008

Airas Intersoft Appoints New Relationship Development Manager To Drive Future Growth & Profitability in Central & Eastern Europe by David Truman

Airas Intersoft is pleased to announce the appointment of Szabolc Szente as our Central & Eastern Europe representative. Szabi will be stationed in Budapest, Hungary and will be working out of our Representative Offices there. Our clients, partners and contacts based in CEE should expect a call from Szabi over the coming months as he takes up his post and goes about introducing himself.

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14th May 2008

Shaking the foundations of the Industry: Delivering Software as a Service 
By Abhijit Dubey and Dilip Wagle 

We are pleased to offer our readers a reprint of 2007 McKinsey Report on 'SaaS' - software as a service - the new IT Application delivery method that we ignore at our peril. For an overview of how SaaS is affecting the Insurance industry, Catherine Stagg-Macey of Celent wrote a report in 2006 entitled 'Software as a Service in European Insurance: Market Data and Key Issues', where she noted that 'uptake of Saas by insurers has been slow but accelerating'. With the launch of iGas On Demand, our fully web-compliant Life, Pension & Medical application suite, Airas Intersoft stands ready for the next wave of technology enablement offered by SaaS.

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7th February 2008

What will the introduction of a new Pension regime in Romania mean for the Financial Services industry in the next five years? by David Truman

Romania has one of the largest populations of the recent entrants to the EU and combined with the compulsory Pillar II Pension schemes introduced in the last 6 months, this new market opportunity would appear to be a boon for the Financial Services industry there.

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7th February 2008

Growing Prospects for EU - Middle East Cooperation

The Middle East has a premium pool of over 30 billion US dollars and an insurance market forecast to grow at an annual rate of over ten percent for the next 10 years. In UAE, year on year growth for 2006 rose by 27.5%.

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7th February 2008

Financial Services Revolution in Nigeria  by Gareth Cadwallader

The Financial Services Sector in Nigeria is going through a quiet, but profound revolution. As the economy grows and, with it, disposable income among a broader base of the population, so the scale and sophistication of financial markets is growing apace.



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28th June 2007

Are you under pressure to launch new products, enter emerging markets and expand business volumes while maintaining or reducing the cost of transactions?

McKinsey & Co. recommend financial institutions redesign the operating model they apply to their processes from end-to-end, from customer interface to back-office transactions.

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23rd March 2007

Liberty Life Insurance Company Ltd of Cyprus Announces Agreement With Airas Intersoft to Supply iGas

Liberty Life Insurance Company Ltd of Cyprus, Part Of the Aspis Group of Greece, Announces Agreement With Airas Intersoft to Supply iGas ‘On-Demand’ Life Administration Software to Support Future Growth and Profitability.

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30th September 2006

Airas Ingres-based System Enters Pre-retirement

Today Airas Intersoft announced that its original, Ingres-based product, Airas was entering Pre-Retirement. For twelve months from 1st October 2006, clients will be able to contract for standard maintenance at the pre-retirement cost of Euro50,000 per annum. The product will be retired on September 30th 2007, beyond which point, individually negotiated support arrangements may be possible.

 

30th September 2006

Airas Intersoft Announces David Truman as Managing Director

David Truman takes over as Managing Director after working as a Director and advisor to the company for the past nine months. David brings twenty years experience of the Insurance sector to this role. He has been the Chief Executive of Life and non-Life companies in Hungary and Poland, as well as working in the UK and Ireland. David has been active working with Airas clients in Central and Eastern Europe, Ireland and Cyprus. He will quickly be taking up overall management of the company.

Terry Smalls, long time Technical Director of Airas Intersoft, has left the company to work as an independent consultant. During October, Terry is working as a consultant for Airas at a client in the Bahamas. We expect Terry to continue to be active working with the company on client projects.

 

23rd September 2006

David Truman addresses the Vienna Banking conference on New Product Development Strategies this week

Airas Intersoft Directors, David Truman and Andrew Hubbard, are attending the Vienna Banking Conference on September 25th and 26th. David Truman is presenting on Strategies for Competitive Advantage in Bancassurance at the main conference. Andrew and David are meeting over a dozen financial institutions from Central and South Eastern Europe and CIS countries.

 

30th August 2006

Omniasig Asigurari De Viata, Part Of Vienna Insurance Group, Announces Arrangement With Airas Intersoft to Supply Collaborative Online Tools To Support Future Growth and Profitability

Omniasig Asigurari De Viata (OAV), the leading Romanian Life Assurer, has gained board approval to aggressively grow market share following a Strategic Review with their parent company, Vienna Insurance Group. The company confirmed that this review was achieved with support from Life and Pensions IT specialists, Airas Intersoft, based in London.

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10th June 2006

Airas Intersoft works with Omniasig Life, Bucharest, Romania

Airas Intersoft Directors Gareth Cadwallader and David Truman and Design Authority Olaf Stelling visited the Management Team of Omniasig Life, Bucharest to kick off a consultative project. Airas Intersoft are supporting Omniasig Life, Romania's fifth largest Life Insurer to set up a collaborative IT infrastructure to enable the management team under Fanel Plopeanu to develop and implement a growth-oriented business strategy. Airas Intersoft are currently ctive in Romania supporting companies prepare for Third Pillar pensions reform and to take advantage of the continuing growth in the country's Life Assurance market.

 

25th May 2006

Airas Intersoft presents at FIAR, Romania, May 2006

Airas Intersoft Director David Truman's presention at FIAR, the premier Financial Services sector conference in Romania, on May 24th was extremely well received by local and global institutions. If you write to David at david.truman@airasintersoft.com, he'll be pleased to send you a copy of his presentation.

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15th March 2006

Airas Intersoft invites you to participate in our Webinar

Airas Intersoft invites you to participate in a Webinar, to be held shortly after FIAR 2006, to discuss issues pertinent to the successful running of Life and Pensions business.

 

15th March 2006

Airas Intersoft annouces intention to exhibit at FIAR 2006

Airas Intersoft is pleased to announce its participation in FIAR 2006, to be held on the week of 22nd to 26th May at Sinaia, Romania. On Wednesday 24th May we will be giving our presentation: "Fastest Route to Maximising Market Share".

10th January 2006

Airas Intersoft announces acquisition by Closer Partners to drive future growth and profitability

Life and pensions IT services provider, Airas Intersoft Ltd, has today announced a Management Buy In of the company. The new owners are committed to build on its existing growth and become a major life assurance and pensions provider to the global life and pensions market.

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