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UAE’s IRIS Health Services wins International Finance Award for Insurance Software

UAE-based IRIS Health Services has won an International Finance Award for its original health insurance technology platform EzyClaim. The third-party administrator, which serves more than 300,000 insured members in the UAE alone, received the ‘Most Innovative Insurance Claims Software 2018’ award from financial and business analysis magazine International Finance at a ceremony in Dubai on Thursday.

London-based International Finance, which focuses on emerging markets, recognizes excellence in the banking, brokerage, finance, insurance, telecom and utility sectors through its annual Awards. The International Finance Awards counts industry leaders including Saudi Telecom, Oman Oil Corporation and Kuwait Aviation among its previous winners, and singled out businesses from the larger MENA region, Africa, the Far East and Eastern Europe last week.

IRIS developed EzyClaim, its comprehensive online claims knowledge management suite, following in-depth research into the insurance industry and continues to update it based on changing market feedback and needs. The software provides clients and end users alike with total transparency, real-time updates and performance analytics and reduces administrative expense and claims handling time.

Mr. Anil Nair, CEO of IRIS Health Services, said: “We are proud to receive this award as it shows we are not just recognized in the UAE but internationally for safeguarding the interests of our customers and improving their service experience. It validates the focus we place on our providers, insurers and customers, and delivers on our promise that every one of our clients and customers matters.”

Increasing industry competition has prompted innovation in insurance products, leading to better risk management of trade, material, human resources and revenue, Mr. Nair added. IRIS was previously named ‘Most Innovative Service Provider’ at the 2018 MENA Insurance Awards.

For more information, visit: https://awards.internationalfinance.com/award-winners/