Yesterday evening, the Health Executives Day 2018 organized by adesso and its insurance subsidiary adesso insurance solutions presented its first innovation prize for the German health insurance sector: the Health Insurance Innovation Prize 2018 for innovative product and service solutions in the fields of statutory and private health insurance went to the companies ottonova and Central.
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 andfeatures –particularly interms of production configuration and modern technology. Aboveall, we value the logic offeredto users via the system in respect of product modelling and compliance with German standardsduring the course of the application process,” wrote Celent analysts, Jamie Macgregor and NicolasMichellod, in the report.
in|sure PSLife, is a contract andclaims administration system, which includes all relevantbusiness-related circumstances and displays the full range of life insurance products. Thesoftware 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 secondtime. This renewed distinction is proof of our intensive investment in the platform and theoutstanding work of the team behind the product,” said Josef Goeres, Managing Director ofadesso 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.“