Awris picks GBM Bahrain for digital transformation

Awris picks GBM Bahrain for digital transformation

Bahrain - The Arab War Risks Insurance Syndicate (Awris), which backs local Insurance markets in the Gulf, has chosen Gulf Business Machines (GBM) in Bahrain to fast-track its digital transformation by implementing a new re-insurance system.

In a strategic partnership with SAP, GBM will be delivering the SAP S/4 HANA Re-Insurance Solution for Awris.

Supported by GBM, Awris is taking a transformational step forward to implement the re-insurance capability of SAP Insurance, in order to handle its core business processes, replacing various legacy systems with a single comprehensive solution. This will be crucial for Awris to enhance its re-insurance capabilities and use the platform as a powerful tool for efficiently managing portfolios and complying with various legal requirements.

Nabil Kotran, CEO at Awris, said: “Awris has embarked upon a digital transformation journey to take the syndicate to an optimum level of efficiency as the SAP Re-Insurance system will streamline the processing of reinsurance business for Awris, and reduce maintenance and development costs typically associated with maintaining disparate systems.”

“Over the past 35 years, Awris provided living proof of the success and realization of such a pioneering pan-Arab venture, witnessed by its resounding progress. This transformational project will only enhance this commitment on which future