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ABS and Ingenium Partner to Offer Insurance Solution

Yapster Press Release
Apr 2002



L-R   Ingenium's Managing Director Mr. Basilio Lasco, Jr, and President Mr. Lorenzo Ocampo, Active Business Solutions (ABS)' CEO, Ms. Abigail Yap and AVP for Internet Technologies, Mr. Erik Roque.

Active Business Solutions, Inc. (ABS) and Ingenium Technology, Inc. (Ingenium) recently inked an agreement to provide their clients complementary services as a strategic move towards improving customer-centricity and expanding service offerings for both companies. Primary focus of the partnership will be in offering a complete business solution developed specifically to meet the unique requirements of the Insurance industry.

ABS and Ingenium are among the country's leading Software and Solutions companies. As members of the globally recognized Oracle Partner Program, both firms maintain a commitment to provide quality products and services at par with world standards. "It is key in any partnership for both parties to have equal commitment and integrity," Mr. Lorenzo Ocampo, Ingenium President states. "As another Oracle partner, we are assured that ABS operates under the same strict quality standards that we do."

ABS has a strong team of consultants and engineers with diverse local and international experience in the Communications, Financial Services and Technology industries. ABS recently launched the Customer Intimacy Program for the Insurance Industry with Oracle. ABS services also include software development, custom application development, business consulting, technical, and implementation services.

Ingenium, on the other hand, is the first Filipino IT company focused on developing Industry Specific Software for the pre-need and life insurance industries. With Ingenium For Pre-Need (IFP) and LIFe, Ingenium established itself as the first IT company who has both business process expertise on the said industries, and technical prowess that adheres to world class systems development standards. Ingenium is also a recognized player in the area of Digital Content Management, Automated Workflow, Collaboration, Business Intelligence, and Electronic Records Management technology-based solutions.

"This alliance allows us to focus on our key expertise while at the same time offer our customers a complete and comprehensive solution," Ms. Abigail Yap, ABS' CEO says. "Ingenium's Insurance business application has already been well received by the industry. With our expertise in Customer Relationship through the Customer Intimacy Program, together, we can have a very strong competitive advantage."

The combined Insurance package provides Insurance companies with all that is necessary to fulfill their e-business vision. The business application maximizes Oracle's relational database management system providing insurance companies with a sound foundation for the application of the Customer Intimacy Program, a modularized roadmap that improves the way customer relationships are managed.

"Our partnership with ABS allows us to enhance and develop our offerings and remain true to our commitment to provide innovative best-of-breed solutions," Mr. Ocampo adds.

"At the same time, we both maintain our vision of developing pioneering solutions that allow Philippine companies to be globally competitive," Ms. Yap concludes.