Qatar-based SEIB Insurance and Reinsurance (SEIB) has deployed an insurance transaction software Qatarlyst, developed by Qatar Financial Center Authority, to provide advanced business processing solutions to its growing client base.

Qatarlyst is a web-based solution accessed via a standard web browser. With security architecture and the ability to link directly and securely to in-house systems, Qatarlyst offers the flexibility of the web with the stability of high-cost internal systems and architectures.

Licensed by the Qatar Financial Center Regulatory Authority, SEIB Insurance provides tailor made corporate and retail insurance solutions to meet the expectations of its thriving client base in Qatar.

SEIB executive director Farid Chedid said advanced technology is indispensable for any growth plan by any industry. SEIB has ambitious plans for the future growth in all aspects of the business.

"Qatarlyst Solution, being a state-of-the-art technology, fits well into those plans and we are definite Qatarlyst will reflects positively on SEIB customers, shareholders and employees," Chedid said.

Qatarlyst CEO James Sutherland said SEIB Insurance has selected Qatarlyst to help them improve efficiency, manage information and control their (re)insurance placement and acceptance activities.