Zemen Insurance S.C (ZISC) is seeking such an Integrated Core Insurance Financial Management Information Software (IIFMS) providers



  • Category : Software purch. & Dev. Service
  • Posted Date : 04/11/2022
  • Phone Number : 0115575850
  • Source : Reporter
  • Closing Date : 04/27/2022


Invitation to Bid

Request for Expression of Interest (EOI)

“For the Supply, Implementation and Maintenance of Integrated Core Insurance Management System”

Zemen Insurance S.C (ZISC) is a newly entered private insurance company which was established by 898 shareholders and registered at Ministry of Trade and Industry on January 24, 2020.
The Company intends to acquire and implement an Integrated Core Insurance Financial Management Information Software (IIFMS) that meet its objectives and requirements to provide efficient, effective and competitive insurance services to its valued customers. The system shall help to integrate all back and front office processes like Underwriting, Claims, Reinsurance, Financial Management, the senior management and also the customer, through the Integrated Core Financial Management Information System package.

Accordingly, Zemen is seeking such an Integrated Core Insurance Financial Management Information Software (IIFMS) providers either locally or abroad (having a local agent) to respond to this expression of interest, in order to be shortlisted for the subsequent formal bid of the said system.

Interested software providers are expected to provide the following lists:
– Certificate of incorporation/registration for legal entities/, renewed trade license, Tax clearance certificate and VAT registration.
– Company Profile including Capital, manpower, etc.
– The type of software to be provided, in particular respective (insurance and related software)
– If there has been no standard software, how and for how long period of time does it takes to develop new software that meets company’s requirement.
– Estimated cost and duration of implementation period (Go Live)
– Any system demo (if any for further information only)
– Any product on top of the integrated core insurance software
– Ethiopian Experience in providing the respective software.
– Any other relevant information

Therefore, Zemen, requests interested software providers to respond to this EOI within 15 days starting from the date of publication on the newspaper.
EOI Submission Address
Zemen Insurance S.C, Bole Alem Building 2nd Floor
Tel: +251 115 57 58 50 / 0116151409/ 0116150609, Addis Ababa, Ethiopia