AIA Formally Selected Insigma Hengtian as a Vendor
On March 28, 2008, Insigma Hengtian Software Ltd., passing a rigid evaluation process, formally signed a contract with the American Insurance Association (AIA) to be a vendor for one of the largest life insurance agencies in Southeast Asia. Hengtian will provide development and maintenance service to AIA. AIA, one of the largest life insurers in Southeast Asia, operates branch offices, subsidiaries and affiliated companies located in countries and jurisdictions including Mainland China, Hong Kong, Macau, Taiwan, Australia, India, Japan, Malaysia, New Zealand, Singapore and some other Asian countries. AIA, with its extensive agency force, markets a full line of life insurance services through a multi-channel distribution system. "Trust Us for Life" is AIA's unchanging promise to China. AIA is also a wholly owned subsidiary of American International Group,Inc. (AIG), which is a leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. The staff in Hengtian, with its perfect technical knowledge, has been assigned to devote themselves to the project.
Hengtian is a technology services company in Hangzhou, China, an alliance among State Street Corporation, Insigma Technology (a Global Outsourcing 100 Company) and Zhejiang University (A Top Three University in China). Hengtian is dedicated to providing reliable and professional IT services and products for companies at home and abroad. The company offers enterprises customized software development services and IT products and solutions in relation to finance, manufacturing, and retailing, to name a few.