Adacta Recognized in the 2023 Gartner® Market Guide for Non-Life Insurance Core Platforms, Europe

Adacta Recognized in the 2023 Gartner® Market Guide for Non-Life Insurance Core Platforms, Europe

Amsterdam, NL, Feb 1, 2023 – Adacta, a leading software provider for the insurance industry, has been named a Representative Vendor in the 2023 Gartner Market Guide for Non-Life Insurance Core Platforms, Europe.

Gartner, a company that delivers actionable, objective insight to executives and their teams, “has included a wide range of vendors in this research to ensure coverage from geographic, vertical, and size-of-company perspectives in the non-life European market. For the representative vendors, Gartner used core vendor survey responses, client interactions, vendor briefings, and analyst research to verify that these offerings had been in the market for at least a year.” Adacta was mentioned among the 14 Representative Vendors for the second time in a row. This recognition follows Adacta's previous acknowledgment in the 2022 Market Guide for Non-Life Insurance Core Platforms in Europe.

We believe this inclusion in the 2023 Gartner report highlights Adacta’s continued efforts to deliver innovative and high-quality software solutions and underscores its commitment to adapting to the evolving insurance market. Adacta’s AdInsure for non-life insurance primary focus is on streamlining business processes, enhancing user experience, and effectively managing change. 

Boris Bajic, CEO of Adacta, responded to the evolving demands highlighted in the market guide with a comprehensive perspective: 

"We believe, being recognized in the Gartner Market Guide for Non-Life Insurance Core Platforms for the second time in a row reflects our dedication to evolving and going beyond just meeting current demands. We continuously strive to anticipate and shape the future of insurance software solutions. We prioritize the development of features and integrations that align with both current market needs and future possibilities, ensuring that our clients stay ahead of the curve. Our focus on innovation, customer-centricity, and operational excellence is unwavering. We believe that by empowering insurers with a flexible, robust, and forward-looking platform, we are not just contributing to their success but also actively shaping a more agile and responsive insurance industry.’’

According to the report “Core system modernization doesn’t always necessitate replacement. However, for non-life insurance, this can often be the most viable route. Replacing a major IT system is an expensive, high-profile, and high-risk process.’’ That is why, according to Gartner: ‘’Non-life insurance CIOs should use this Market Guide as part of their core replacement efforts but should be mindful of the top mistakes in core modernization.” Furthermore, Gartner states the Market Guide is intended to provide ‘’CIOs of European non-life insurance companies with an overview of the market for core platforms to use during the RFI or RFP phase”.

The full report is available on Gartner's website. (For Gartner subscribers only)

Gartner, Market Guide for Non-Life Insurance Core Platforms, Europe, 13 December 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Adacta

Adacta is a leading software provider for the insurance industry. Its insurance platform – AdInsure – provides Life and P&C insurers with a future-proof way to streamline their operations and processes. Since 1989, Adacta has spent decades helping insurance organizations grow their digital capabilities and drive increased profit. Their mission is simple: Empower tomorrow's industry leaders to realize their potential through technology. 

About AdInsure

The AdInsure insurance platform is the digital foundation insurance businesses need to keep up with industry changes. It connects and supports all the insurance teams, helping them work smarter, launch faster, and provide modern customer experiences. Built around industry best practices, AdInsure combines comprehensive features in a single, unified platform. It delivers an innovative environment that connects insurance organization with emerging technologies, service providers, partners, and clients. 

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