DHFL's mobile app 'AceApp' lauded at Red Hat Innovation Awards

New Delhi [India], Sept 29 (ANI): Red Hat Inc., an open source solutions provider on Thursday announced DHFL Pramerica Life Insurance Company Ltd. (DPLI), a life insurance company as the winner of 2017 Red Hat Innovation Awards APAC in the Digital Transformation category for its mobile app, "AceApp".

In line with the company's vision to be a digital leader in the insurance sector, DPLI sought a technology partner to help them realise this by balancing their IT investments, bringing in new capabilities for their sales advisors, and enabling them to innovate faster.

"We wanted to adopt a digital platform that could help define our business and provide an exciting mobile experience for our customers and workforce. After evaluating products from leading solution providers, we chose Red Hat Mobile Application Platform as we believe it is not only technically superior but cost-effective as well. When we embarked on our digital transformation journey, the idea was to work with a leading business partner and Red Hat presented us with a compelling mobile platform proposition. Avoiding vendor lock-in and based on open standards, the platform helps our business respond to market changes with agility," said Anoop Pabby, Managing Director and CEO, DHFL Pramerica Life Insurance Company Limited.

DPLI implemented Red Hat Mobile Application Platform to strengthen its mobile app presence. The all-new state-of-the-art AceApp, designed to provide a 24/7 mobile office on-the-go for sales advisors, is equipped with features that can support the entire customer lifecycle journey with DPLI.

It aims to provide better customer prospecting through intelligent financial need assessment and recommends the right suite of products, assisting the customer in making an informed and prudent decision. In addition, it offers a smart and intuitive e-proposal form designed to make proposal filling quick, and give a real-time view of the document progress all the way to policy issuance.

"We would like to congratulate DPLI on winning the Red Hat Innovation Award. The insurance sector is a complex industry and it is critical to manage business processes efficiently. Our experience working with banks, insurance companies, and stock exchanges has helped us understand and tackle the scale of mobile application development challenges posed by DPLI," said Rajesh Rege, Managing Director, India, Red Hat.

Echoing the theme of the Red Hat Forum APAC 2017, "The Impact of The Individual," the Red Hat Innovation Awards recognize and celebrate enterprises which use open source to address IT challenges, transform and modernize information technology to help accelerate innovation, and achieve greater agility and efficiency.

All entrants were evaluated by a panel of judges from Red Hat. Since the inception of the Innovation Awards APAC in 2011, Red Hat has witnessed more innovative use of open source solutions in the region. (ANI)