The analyst company Celent has awarded the international "XCelent Technology Award 2017" to the administration system for life insurers in|sure PSLife. The software solution of adesso insurance solutions receives the award for the second time after 2013.
For the purposes of the current ‘EMEA Policy Administration Systems 2017: Life, Annuities, and Pension ABCD Vendor View’report Celent researched the systems of 38 international IT service providers for the insurance and financial services sectors. In the‘Advanced Technology’ the adesso solution, in|sure PSLife, an administration system for life insurers, took first place.This category assessed servicing of the systems, flexibility of the data model, scalability,ongoing improvement of technical performance, configurability and integration of external andinternal data and systems. In addition, customer references in respect of functionality and thetotal number of solutions supplied were also fed into the assessment.
“in|sure PSLife offers a good balance between extended functions and features –particularly interms of production configuration and modern technology. Above all, we value the logic offered to users via the system in respect of product modelling and compliance with German standards during the course of the application process,” wrote Celent analysts, Jamie Macgregor and Nicolas Michellod, in the report.
in|sure PSLife, is a contract and claims administration system, which includes all relevant business-related circumstances and displays the full range of life insurance products. The software solution has, over less than 10 years, developed into a leading administration system on the enormous life insurance market and is used by five German insurers.
“We are very happy to be receiving the XCelent Technology Award already for the second time. This renewed distinction is proof of our intensive investment in the platform and the outstanding work of the team behind the product,” said Josef Goeres, Managing Director of adesso insurance solutions. “We have achieved outstanding success in Germany with in|surePSLife and in future we would like to celebrate similar success on other markets too.“