Newgen Software - Future Generali accouterments Newgen's technology

New Delhi, August 11th , 2009 – Newgen Software, a arch provider of Business Process Management (BPM) and Document Management System (DMS) solutions, today appear the acknowledged accomplishing of its DMS band-aid based on Newgen OmniDocs™ at Future Generali, India’s arch Total Insurance Solutions player, to administer new business and action application documents.

Future Generali, the allowance collective adventure amid India’s Future Group and Generali of Italy, is implementing a Document Management System (DMS). Future Generali has attendance in both the Life and Non-Life areas through Future Generali India Life Insurance Co. Ltd. and Future Generali India Insurance Co. Ltd, respectively.

“With a all-inclusive area of the Indian bazaar still almost uninsured and underinsured, Future Generali envisages a huge abeyant for advance and is analytic at technology as a key enabler in accomplishing its objectives.” said Mr. Rajeev Shirodkar, Chief Information Officer, Future Generali India Life Insurance Co Ltd. “Efficient administration of abstracts is one of the analytical areas for us in ensuring top standards of chump service, and Newgen’s absolute DMS solution, will accredit us to abundantly administer and adviser our policies.” he added.

Speaking on the implementation, Mr. Punit Jain, Vice President, Sales and Marketing, Newgen Software Technologies said, “With this implementation, we are animated to abutment Future Generali to accumulate its processes to sustain advice candor and availability, thereby arch to bigger abundance and faster accommodation making."

The DMS is accepted to accompany about bigger efficiencies in Future Generali’s operations. The solutions will accommodate a analytical adjustment for scanning, creating, categorizing, storing, locating, and retrieving structured and baggy documents. Beyond automating the certificate administration process, DMS will aswell crop cogent amount allowances in the continued run.

Future Generali is currently breath through 93 branches above 84 cities and over 30,800 accountant advisors. Besides this ample arrangement of agents & branches, Future Generali aswell actively offers their Insurance solutions above 176 Future Group malls.
FUTURE GENERALI

ABOUT THE COMPANY:
Future Generali is a collective adventure amid the India-based Future Group and the Italy-based Generali Group.
Future Generali is present in India in both the Life and Non-Life businesses as Future Generali India Life Insurance Co. Ltd. and Future Generali India Insurance Co. Ltd.

FUTURE GROUP
Future Group, led by Mr. Kishore Biyani, is positioned to baby to the absolute Indian burning space. The Future Group operates through six verticals: Future Retail (encompassing all curve of retail business), Future Capital (financial articles and services), Future Brands (all brands endemic or managed by accumulation companies), Future Space (management of retail absolute estate), Future Logistics (management of accumulation alternation and distribution) and Future Media (development and administration of retail media spaces).

The group’s flagship enterprise, Pantaloon Retail, is India’s arch retail aggregation with attendance in food, appearance and footwear, home solutions and chump electronics, books and music, health, wellness and beauty, accepted merchandise, advice products, E-tailing and leisure and entertainment. The aggregation owns and manages assorted retail formats accouterment to a advanced array of the Indian association and its amplitude and abyss of commodity helps it abduction about the absolute burning bassinet of the Indian consumer. Headquartered in Mumbai (Bombay), the aggregation operates through 4 actor aboveboard anxiety of retail space, has over 150 food above 35 cities in India and employs over 15,000 people. The company’s revenues for FY 05-06 were Rs 2017 crore

Founded in 1987, as a apparel accomplishment company, Pantaloon Retail forayed into avant-garde retail in 1997 with the aperture up of a alternation of administration stores, Pantaloons. In 2001, it launched Big Bazaar, a hypermarket chain, followed by Food Bazaar, a bazaar alternation and went on to barrage Central, a aboriginal of its kind, seamless capital amid in the affection of above Indian cities. Some of its added formats include, Collection I (home advance products), E-Zone (consumer electronics), Depot (books, music, ability and stationaries), aLL (fashion accoutrement for plus-size individuals), Shoe Factory (footwear) and Blue Sky (fashion accessories). It has afresh launched its etailing venture, futurebazaar.com.

Some of the group’s subsidiaries cover Home Solutions Retail India Ltd, Future Bazaar India Ltd and ConvergeM Retail India Ltd, which leads the group’s attack into home improvement, etailing and advice products, respectively. Other accumulation companies include, Pantaloon Industries Ltd, Galaxy Entertainment and Indus League Clothing. It has aswell entered collective adventure agreements with a amount of companies including ETAM group, Gini & Jony, Liberty Shoes, Staples and Planet Sports, a aggregation that owns the franchisee of all-embracing brands like Marks & Spencer, Debenhams, Guess and The Body Shop in India.

Future Capital Holdings, the group’s banking arm, focuses on asset administration through absolute acreage investment funds (Horizon and Kshitij) and consumer-related clandestine disinterestedness fund, Indivision. It aswell affairs to get into insurance, chump acclaim and action added banking articles and services.

Future Group’s eyes is to, “deliver Everything, Everywhere, Everytime to Every Indian Consumer in the a lot of assisting manner.” One of the amount ethics at Future Group is, ‘Indianess’ and its accumulated assumption is – Rewrite rules, Retain values.

THE GENERALI GROUP
The Generali Group is one of the a lot of cogent participants in the all-around allowance and banking articles market. The Group’s Parent and arch operating Company is Assicurazioni Generali, bazaar baton in Italy, founded in 1831 in Trieste.

Characterised from the alpha by a able all-embracing angle and now present in 64 countries, Assicurazioni Generali has circumscribed its position a allotment of the world’s arch allowance operators, and has developed in accent in Western Europe, the Company’s arch across of operation, with cogent bazaar shares in Germany, France, Austria, Spain, Switzerland as able-bodied as in Israel. In contempo years, the Group has fabricated a cogent acknowledgment to Central-Eastern European markets and has set up offices in the arch markets of the Far East, a allotment of which China and India.

IDENTITY CARD
·Generali Group is one of the baton allowance groups in Europe, with a 2008 absolute exceptional assets of € 69 billions
·It is present in 64 countries
·It has over 60 millions audience common
·It has 84,063 advisers (15,706 in Italy)
It has over € 350 billion of assets administration

Future Generali India Life Insurance Co Ltd, Reg No: 133, Registered & Corporate Office: 001, Trade Plaza, 414 Veer Savarkar Marg, Prabhadevi, Mumbai–400025

Insurance is the accountable amount of Solicitation.

About Newgen Software
Newgen Software Technologies Limited is the bazaar baton in Business Process Management (BPM) and Document Management System (DMS), with a all-around brand of about 750 installations in over 35 countries. More than 100 of these implementations are large, mission-critical solutions deployed at world's arch BFSI, BPO and Fortune Global 500 companies.

Newgen is accustomed by acclaimed analyst close IDC in its absolute address “Newgen Software: Global Leader in Business Process Management and Document Management Solutions.” With HSBC and SAP investment, Newgen is one of the attenuate artefact companies to accept abetment of both arch banking and technology companies of the world.

Winner of celebrated awards, such as CNBC-TV18 “Emerging India Award 2008”, Frost and Sullivan's “Market Leadership Award for Document Management System and Workflow Software & Services” and “Distinguished Application Product Company” by NASSCOM, Newgen’s Quality Systems are certified adjoin ISO 9001:2008 and Information Security Standard, ISO 27001:2005. Newgen has aswell been adjourned at CMMI Level3.

Newgen Software
D-152, Okhla appearance 1,
New Delhi-110020

Ogilvy Public Relations, Mumbai
Lalita Aiyer: Tel: 022 – 44344138; Mob: 9819199825; lalita.aiyer@ogilvy.com
Manallii Ajmera: Tel 022 – 44344512; Mob: 9833763484; manallii.ajmera@ogilvy.com

Future Generali
Sunanda Parekh: Tel: 022 – 40976541; Mob: 9820111136; sunanda.parekh@futuregenerali.in

Newgen Software Technologies Limited
Rohit Thakur: Tel: +91-11-4653 3200, Mob: +91-9899294868