Najm Insurance Embraces SAP Solutions

Najm Insurance

Companies across the world are continuously seeking specialists who will help them embracing SAP solutions as they transform their operations digitally. At the GITEX Technology Week 2019, SAP received attention for organising the biggest technology event in the world held in the United Arab Emirates (UAE) which emphasised the theme on customer experiences and showcased a range of innovations that leverages new technologies such as the AI, Internet of Things( (IoT), blockchain and cloud. Just this week, an insurance company based in UAE’s neighboring country, Saudi Arabia, has recently stepped into the digital zone.

According to Saudi Gazette’s article, NAJM for Insurance Services, an insurance company based in Riyadh, Saudi Arabia, has signed an agreement with German global software company SAP on the 28th of November to leverage the power of the latest programs and cloud services made available to Saudi Arabia.

The agreement was penned to help strengthen Najm’s current technology infrastructure. The efforts include quipping the company with world-class technologies in Customer Relationship Management (CRM) systems and Enterprise Resource Planning (ERP) systems. These two systems will serve as the spine for improving the operations of internal management, increasing efficiency and productivity, and reducing operational costs. It will also contribute to achieving what was outlined ion the Saudi Vision 2030: enhance the quality of life in the Kingdom.

The CEO of Najm, Dr. Mohammad Al Suliman said that they had selected SAP because of its broad technology solutions that are matching with the organisation’s vision and strategy. SAP can deliver the technological capabilities and operational solutions that will ensure long-term business and will provide quality that will benefit the Kingdom’s citizens, residents, and visitors.

Al Suliman also added that the agreement with SAP would potentially add value with a positive impact across all of the operational aspects of Najm Insurance. This is expected to develop the insurance industry with the support received from the Saudi Arabian Monetary Authority. He has also highlighted the company’s efforts to do its part following the launch of the Saudi Vision 2030.

Najm’s CEO also emphasised the significance of the agreement in increasing Najm’s products and services with an expected 30 per cent increase in productivity and a 20 per cent increase in project spending.

Meanwhile, the CEO of SAP Saudi Arabia, Mohammed Al Khotani, said that Najm was a pioneer insurance entity. He also shared that they are one of the earliest Saudi companies to adopt SAP’s technology solutions and cloud data centre in the Kingdom. Additionally, he pointed out that Najm will now have the capacity to improve the experience for its clients and employees on top of increasing their competitive level while ensuring compliance with the local data protection standards and systems.

While it is well-known that SAP is the leading software solutions provider across the world, SAP also has a reputation for being one of the first companies to deliver cloud computing services using its platforms and data centres based in the Kingdom of Saudi Arabia.

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