October 13, 2008 (NOIDA): Saigun Technologies Pvt. Ltd., one of the leading software technology groups of India, announced that IFFCO TOKIO General Insurance, one of the largest insurance providers in India has chosen its flagship product – EmpXtrack to assign performance goals to their employees and conduct employee appraisals.IFFCO TOKIO General Insurance (ITGI) closely follow the rigorous global financial standards of the Millea group, combining sound financial management with rapid growth. ITGI is the only private general insurance company in India to have made five consecutive years of profit.
EmpXtrack Performance Management Software will help ITGI to further improve the performance of their employees by enabling Human Resources Department to assign performance goals to all employees, track performance on a continuous basis and conduct employee appraisals using web-based SaaS technology.
About IFFCO TOKIO General Insurance
We see ourselves as a “people’s company”; our principal aim is to provide benefits for the common man who traditionally lacks knowledge and access to quality insurance products. To achieve this, we have leveraged the deep knowledge of IFFCO by studying 600 of the country’s 602 districts before drawing up our business plan.
We closely follow the rigorous global financial standards of the Millea group, combining sound financial management with rapid growth. ITGI is the only private general insurance company in India to have made five consecutive years of profit. We are also one of the few to report underwriting profits within four years of operations.
About Saigun Technologies and EmpXtrack
Saigun is a technology group focused on designing HR Management solutions. Saigun pioneers development of integrated, flexible and on-demand solutions for management of human capital. It provides technology to some of the Fortune 500 companies for various requirements like healthcare , retirement choices, decision support kits and compensation planning.
Saigun’s flagship product EmpXtrack is a next generation solution for Human Resource and Talent Management. The leader among integrated solutions for HR, EmpXtrack is powerful enough to handle all 18 functions of HR department through its single window interface and provides comprehensive analytics for critical decision making. Designed as a SaaS (software-as-a- service) offering, EmpXtrack requires Zero-to-minimum investment in hardware and other software components, making it first choice of the organizations that require quick to use solutions with minimum investment in technology.