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Based on Islamic principles, Takaful insurance is a method in which a number of people contribute funds into a pool so that it can be used to guarantee contributors against damage and losses. Based on Sharia Law, companies offering Takaful insurance are an alternative to commercial insurers. JMR Infotech’s Avenir suite of insurance solutions covers Takaful insurance. These solutions help global insurers with their transformation, improving customer experience and process efficiency needs.

With over a decade of experience in BFSI vertical, JMR is trusted by over 150+ customers from across the globe to deliver business results that they aspire for. You can leverage our Takaful isnsurance capabilities together with our other technology solution offerings to grow your business.

The JMR Advantage

JMR with its wide ranging experience in Islamic Banking has crafted unique products that are built on its own indigenous framework and APIs. These frameworks and APIs are incorporated into Avenir suite of products. This suite is capable of supporting the following facets of Takaful-based Insurance:

  • Family Takaful offers complete coverage with a protection policy as well as long term savings to beneficiaries.  This is a good investment instrument for tax savings. Other products included under this umbrella are investment-linked and child education takaful.
  • Group Takaful is usually purchased by employers and offers benefits on death, disability, terminal illnesses etc. Benefits are offered to the person in whose name the insurance is issued, or to his beneficiaries.
  • Health Takaful covers the cost of medical treatment in case of illnesses and/or accidents. Coverage can be availed on a stand-alone basis or added to the basic family plan, for better coverage and benefits.
  • General Takaful covers areas such as home insurance, auto insurance and accidents.

Talk to us and let our experts design and implement the right insurance portfolio for you.  You can, in turn, serve your clients better with a great range of protection plans.

If you need more information or if you are not able to find what you need

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