3i Infotech  announced that it has partnered with Oracle to develop a Technology Centre of Excellence for Insurance in Chennai. Through this relationship, 3i Infotech will gain access to Oracle's extensive network of partners in the region as well as take advantage of Oracle's innovative solutions. The solutions developed at this centre will be powered by Oracle E-Business Suite, Oracle Database and Fusion Middleware technologies targeted at the Europe, Middle East and Africa (EMEA) regions where 3i Infotech is a leading provider of insurance solutions.

Through this partnership, Oracle and 3i Infotech will endeavour to empower insurers by offering cutting edge architecture-based technological tools featuring Oracle E-Business Suite combined with 3i Infotech's global Insurance Solution - PREMIA. The development work being undertaken at the technology centre of excellence is aimed at helping customers in the insurance industry better address strategic business challenges.

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