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Home Industry Verticals Finance & Insurance

Thai insurance broker ups the digital game with cloud ERP

FutureCIO Editors by FutureCIO Editors
May 4, 2021
Photo by suzukii xingfu from Pexels

Photo by suzukii xingfu from Pexels

Non-life and life insurance broker, Ngern Tidlor (TIDLOR) has selected Oracle Fusion Cloud ERP to support its mission to improve access to fair, transparent, and responsible financial services for underbanked Thais.

With over 1,000 branches in 74 provinces nationwide, having an efficient back-office environment is key for TIDLOR to provide a hassle-free experience to its end users and cater to the local compliance regulations.

“As part of Ngern Tidlor’s digital transformation journey, we’ve selected Oracle Cloud ERP because it future-proofs our platform with ongoing up-to-date functionality and capacity that could be easily scaled on the cloud with minimal IT maintenance,” said Bernard Tso, head of marketing & business development, Ngern Tid Lor Public Company Limited.

TIDLOR expects to streamline its internal processes to increase productivity and upgrade to an up-to-date platform with flexibility to meet ongoing compliance and regulatory requirements.

“Businesses should not be restricted by aging and traditional technology systems when the speed of innovation, cyber resilience and ability to extract value from data are fast becoming key business differentiators,” said Wallapa Piemnoppakao, head of applications, Oracle Thailand.  

Oracle Cloud ERP uses built-in data science to strengthen financial controls, stop cash leaks, streamline audit and detect emerging risks—while helping finance teams reduce time spent on labour-intensive security and compliance tasks.

Related:  Databricks introduces new tools to build scalable and trusted AI agents
Tags: cloud ERPdigital transformationinsuranceNgern TidlorOracleOracle Cloud
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