MBASK Insurance Company complex automation project is completed
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FORS Development Center announces the operational launch of a complex automation system for a leading Azerbaijan insurance company MBASK on the basis of INSIS software by a Bulgarian vendor FADATA developed specifically for the insurance market. It is the first completed project on automation of the business processes of the insurance company on the territory of Azerbaijan. The overall contract cost exceeds half a million US dollars. The project was carried out with the organizational and financial support of the European Bank of Reconstruction and Development, which is one of the largest shareholders of the company.
The aim of the project was to implement a modern insurance business automation system based on the best world practices.