Gulf Re in Dubai select KnowledgeCenter for DMS and Workflow review
August 10, 2009
Gulf Reinsurance Limited (Gulf Re) a Dubai based specialist reinsurer (regulated by the DFSA) who is jointly owned by Arch Capital Group Ltd. and Gulf Investment Corporation (GIC) chose KnowledgeCenter to undertake a business process review. The resultant paper will be the basis of a Document Management and Workflow implementation planned for the fourth quarter of 2009.
Gulf Re target high-value oil and gas, industrial, utility and transportation assets primarily in the six member states of the Gulf Cooperation Council ("GCC") which include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE. They write a broad range of property and casualty lines of reinsurance, including , energy, commercial transportation, marine, engineered risks and property, on both a treaty and facultative basis.
The proposed implementation is aimed at supporting all areas of the business and is part of the company’s strategy of providing a quality delivery and service capability internally and for all of their clients and business partners.
Shankar Majrekar Chief Financial Officer at Gulf Re said;
“We had no hesitation in selecting KnowledgeCenter for this exercise, they have a proven track record and awareness of this technology and how it is applied within an Insurance organisation, this combined with their consultants industry expertise made them a natural choice.”
Kevin Osborn Managing Director of KnowledgeCenter responded;
“We are very, very pleased to have been chosen by Gulf Re for this project. This is our first project of this type in the Gulf region an area that we believe offers us tremendous opportunity going forward”