IAK Verzekeringen Goes Live with IDIT™ Software Suite

November 24, 2008 – 8:36 pm

November 24, 2008 – IDIT I.D.I. Technologies Ltd., announced today the successful go-live of IDIT™ Software Suite at IAK Verzekeringen, one of the largest independent full-service insurance companies in the Netherlands, and a member of the AEGON Group.

The new insurance software platform encompasses the implementation of several innovative personal insurance products with IDIT™ Software Suite. The new web-based solution, which is built on modern Service Oriented Architecture (SOA), enables fast deployment of the new products, backed by a customer-centric management system, geared to streamline the business processing (STP).

“IDIT demonstrated a keen understanding of our business needs during this phase of the project” said Ron Huijs, Director Private General Insurances at IAK Verzekeringen. “We are confident that IDIT software is an excellent solution to support our growth and improve our customer services.”

Gertjan Beijer, manager ICT at IAK Verzekeringen, added: “The most important success factor of IDIT™ is the comprehensiveness of the solution. We enjoy rich functionality, backed by a state-of-the-art web-enabled SOA platform, which enables us to open up our system for online business.”

“We are very encouraged by the successful implementation of IDIT™ at IAK.” said Yoel Amir, CEO, IDIT Insurance Technologies. “IAK can now realize the benefits of a policy administration system processing platform, yielding extended value from their initial investment. We look forward to helping IAK increase their competitive advantage in this dynamic marketplace.”

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About IAK Verzekeringen

IAK Verzekeringen (www.iak.nl) is one of the largest independent full-service insurance companies in the Netherlands, authorized to provide commercial and personal insurances. With 8 decades of experience, IAK turned into a specialist in the field of company insurance and collective staff insurance (employee and personal benefits). The company is responsible for the insurance process from business acceptance through premium collection, to claim settlement.

About IDIT:

Idit Insurance Technologies Ltd is a global provider of Insurance Software and enterprise software solutions for the insurance & financial markets.

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