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Article: Rexit to provide e-Cover services to Japan's Sompo

Article from:
New Straits Times
Article date:
January 22, 2008
Copyright

New Straits Times
01-22-2008
Rexit to provide e-Cover services to Japan's Sompo
Edition: Main/Lifestyle
Section: Business Times
Type: Company

MESDAQ-LISTED insurance software provider Rexit Bhd has signed an agreement with Sompo Japan Insurance Inc for the implementation of Rexit's e-Cover services.

The agreement was executed via Rexit International Sdn Bhd, a 51 per cent-owned joint venture with Marubeni Corp of Japan.
In a statement issued yesterday, Rexit chairman Datuk Ng Kam Chiu said the services will enable Sompo Japan to process its insurance business via the Internet.

Under the deal, Rexit International will provide its e-Cover services to Sompo Japan starting with its foreign ...

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