The insurance industry has lagged behind banking, telecom and retail in digital transformation. These sectors have embraced digital innovation to improve efficiency and customer experience, while many insurers struggle with legacy systems that hinder agility, automation and customer engagement.
Anoud Technologies (Anoud Tech) is redefining this landscape by helping insurers modernise through cutting-edge technology. Founded by Qatar Insurance Company (QIC) in partnership with Swiss Re, Anoud Tech is a global InsurTech leader offering next-generation digital solutions for insurers. Leveraging AI, cloud computing and data analytics, it helps insurance carriers transform operations and enhance customer satisfaction.
Expanding global presence and industry leadership
Anoud Tech serves 18 clients across three continents with operations in Doha, Dubai and Chennai employing 350 professionals.
With a milestone fifth anniversary in March 2025, Anoud Tech is expanding into African and Asia-Pacific markets and plans to enter the Far East, to serve insurers worldwide.
Anoud+: Anoud Tech’s flagship insurance suite
Anoud Tech’s flagship product offering, Anoud+, is an award-winning, end-to-end insurance IT platform designed to enhance operational efficiency, customer engagement and regulatory compliance. Unlike other InsurTech solutions, Anoud+ was built within an insurance company giving Anoud Tech an unmatched insider perspective of the evolving needs of insurers.
Anoud+ enables seamless transition from fragmented, outdated systems to a unified, cloud-based digital ecosystem. Its modular structure ensures flexibility for integration with regulators, third-party applications, external portals, and an omnichannel customer experience.
Anoud+ offers comprehensive solutions across core insurance functions, digital transformation and enterprise automation:
- Core insurance solutions
- Anoud+ Personal – AI-enabled platform for managing motor and personal lines insurance.
- Anoud+ Corporate – A power solution for commercial lines, enhancing risk assessment and policy management including an optional Excess of Loss (XOL) reinsurance solution.
- Anoud+ Medical – A robust platform for automated claims processing, fraud detection and cost control.
- Anoud+ Life – Manages group and individual life insurance, including investment linked policies.
- Digital and enterprise Solutions
- Anoud+ CRM – Tailored customer relationship management solution integrated with social media tools.
- Anoud+ Analytics – Real-time data analytics, predictive modelling, visual business intelligence and smart reporting.
- Anoud+ IFRS17 Engine – Seamless regulatory compliance with IFRS17 standard using Big-4 endorsed tool.
- Anoud+ Finance and Controls – Comprehensive finance and accounting solution with built-in risk management and eKYC.
- Anoud+ HRMS – Bespoke HR and admin solution for insurers.
- API-based Integration – Seamless connectivity with third-party applications.
AI-powered transformation: Leveraging automation and intelligence
Anoud Tech is pioneering the use of AI and generative AI to optimise insurance processes. By embedding machine learning algorithms and intelligent automation, Anoud+ enhances claims processing, risk assessment and fraud detection.
AI use cases across segments
- Gen AI Management Suite – Sophisticated interface integrates AI with core insurance platforms.
- Health Insurance AI – Automates claims adjudication, anomaly detection and symptom analysis, reducing errors and fraud.
- Anoud+ GPT and Ask-Anoud – AI assistants trained for instant support and policy recommendations.
- Motor Insurance AI – Video-to-image processing, damage classification and fraud detection algorithms to improve claims management.
- CRM AI Capabilities – Call transcription, sentiment analysis and customer interaction insights.
Case study: Anoud+ IFRS17 engine – a compliance success story
A European insurer turned to Anoud+ for an end-to-end compliance framework, faced with a strict six-month deadline and unable to meet complex IFRS17 needs.
With the Anoud+ IFRS17 Engine, the insurer achieved:
- 100% compliance with minimal operational disruption.
- Automated calculations and reconciliations, fewer manual errors and enhanced reporting accuracy.
- Enhanced data security and integrity, ensuring compliance with audit requirements.
- Seamless integration with the insurer’s existing General Ledger (GL) system.
The Anoud+ IFRS17 engine empowers insurers with scalable, automated and future-ready compliance solutions.
Reliable partner in digital transformation
With a growing global client base, a focus on AI-driven automation and cloud-native, API-first solutions, Anoud Tech is shaping the future of insurance technology. Anoud Tech’s partners are assured a competitive edge in an era of digitalisation.
For carriers looking to modernise IT infrastructure, enhance efficiency and unlock new revenue streams, Anoud Tech is the trusted technology partner on the path to a digitally-powered insurance future